What is project management and its benefits

Project management is an application that helps the project to run in a systematic manner to achieve the desired goal. Project management is all about planning, controlling executing the task. The Project is unique it not daily working done sometimes people work together who usually don’t work together just to achieve the desired goal. Project management is a set of application tools, techniques, and skills to meet the project requirement. Project management is, Initiating, Planning, Executing, Monitoring and Controlling, Closing. Components of project management are like a clear definition of the project that why that project is necessary, collect the project requirements, estimating resource and time scale, justify the investment, secure agreement and funding, motivating teams, manage risk, managing budget, maintain the communication with stakeholders and the management team of the organization. Example like XYZ company got the software development project. Then at first management team will decide that why that project is necessary to them what benefits they can get to the company with that project, then they will decide who will be the project manager for this project and after the manager is decided he will be responsible for the project from execution till it finishes. Then the manager will collect all the required resources of the project estimate the timescale to finish the project Then he will search for the different skill set person within the organization who will help him to complete the project. Then manager will explain about the project to his team and give them desired goals according to their skill set. Then he will implement the management plan for the project. Then will manage the risk and necessary changes which can be done in the project and at the same time he will motivate the team to perform better. Monitoring the progress against the plan. Then he will communicate with stakeholders for the same progress report and at the end closing the project within the time frame with effective results.

Project management=scope=time----quality----cost

Benefits of project management

Better Efficiency in Delivering Services: As project management gives you the complete guide and works as a road map to you which you can follow and reach your goals easily. When you know where the hurdle is then you can easily avoid that or can make an alternate solution for which you can get better results.

Improved customer satisfaction: With the help of project management you will finish your project on time and as the project will finish on time customer will receive the product on the time when they required and that will lead to the happy customer and one happy customer leads to another and that will ultimately improve your sales and profits.

Enhanced efficacy in delivering services: The strategies you used to complete the project you can use the same strategies to complete more projects like the same.

Improved development and growth within your team: Better result will motivate the team and they will look for the same opportunities to perform in the best way.

Greater competitive edge and standing: By the effective result of your project you can make a big stand in the market with your performance.

A chance to expand your services: Great product leads to more project and opportunities to succeed.

Better flexibility: Project management benefits are that it allows flexibility so that you can map out your own strategy to complete your project.

What is scrum and its benefits??

Scrum is a subset of agile which work with the same methodology as agile does. Scrums help to execute the project in a systematic manner that what to, what is going on, what is done. For any product development there are three things that need  to keep in mind what we have to do and how we will be doing,  what we are doing is according to our plan, and what is done and what kind of feedback we are getting from that effort. Then the product owner will create a wish list. Then in sprint planning, product owner will take some backlogs then decide how to implement them. Sprint usually have 3 to 4 weeks to complete the task. All the way scrum master keeps  focused his team on goal. At the end of the sprint it is ready to hand over  to the customer. The sprint ends with a sprint review and retrospective. Then next sprint begins like the same. Example like XYZ company is making  app so product owner first sees what to do, what is they are doing, and what is done in the first cycle they will work for the basic installation of their product or service in the first cycle. Then they will do it, then they will check what is done and check for the customer feedback and error  if they find anything to rectify they will do that. Then only they will move to the new cycle of development of the same app.

Scrum is a part of agile methodology similarity is they both work same methods to divide the product development with 2 to 4-week cycle and in the different sprint. Both are related to each other  for better and effective growth. Before implementing scrum to your company you should know about some benefits and uses.

Benefits of scrum

BETTER QUALITY:  Scrum helps in getting the feedback on time with its each sprint which helps the company to keep the quality up to the mark. Getting the daily feedback from the product owner helps the technician to find an issue when they are fresh. Giving the complete documentation of the work done in each sprint helps scrum quality check according to it.

DECREASED TIME TO MARKET:  It helps to deliver product 40 times faster than traditional methods. Product owner of the team helps to provide  just in time delivery for the real time product. Separate highest priority methods  from the lowest one you can deliver the incremental  value to the customer  which has the highest priority. Don’t wait for the entire project to complete to deliver anything.

INCREASED RETURN ON INVESTMENT: Decreased in time is the biggest key point in increased in return  because benefits start coming at an early stage as soon as it delivers its first sprint  that means there will be higher result in the overall finish of the product. And as getting the direct feedback from a customer in the early stages helps to reduce the fixing cost of the issue  and time-consuming rather than fixing it in the later stage.

HIGHER CUSTOMER SATISFACTION:  Involving the customer at every stage of the project helps to get the customer feedback for better running of the project. A product owner who knows customer needs and want. Giving a demo to customer and stakeholder in every sprint review. These things lead to higher customer satisfaction.

Outsourcing Web and Software Development

When you are starting the software development you need a developer and hiring a developer can cost you more because in software development process, there are different levels and for each level, you require a specialized developer and if you are hiring the different specialized developer that will cost more.

But if you outsource software development process to any company then it will be very helpful to you because when you outsource software development work to any company they have all required developer with highly skilled with a new type of technology and there will be no pressure on you of the work done you can  set the time frame to them to complete the development on that time frame. But you need to be more careful in choosing the outsource company if they are capable of doing that thing or not and doesn’t go for the cheaper cost,  like someone is offering you the development at the lowest price so just don’t go with the price first give ref check that they can perform the development at that given  price effectively or not.

Example like you are the  customer and you went  to the market to buy clothes you enter the store and store keeper showed three brand clothes and for the first brand is $300 and the second one $500 and the third one $600 and you choose the first one as it is the cheapest one so buy that cloth and went home then a few days later that clothe get  ejaculation that means quality of that cloth was poor that’s why this happen. But when you went to buy the cloth at that point of time if you checkproduct.
the materials and its response, then that can save you from this kind of loss so whenever you buy things we should keep in mind the quality that thing for the future effectiveness of the

Same goes with software development whenever you outsource your software development project always make sure that they are capable of completing the task with an effective result or not and if yes then go for it. And as technologies are improving day by day, software development is becoming easy.

And the most important advantage is software development can be web based like if you are outsourcing the development of the software then you can keep the track what the team is doing in the development process as everything will be recorded online with all the notes that will help the company with the clear picture of what and how the software development process is going on and when it will be done. The web-based development gives the clear idea to the company for software. And it helps the company and the client to make good relation by involving the client as well in the process.

 Web-based helps to communicate way better than normal development process.