Featured Article
Small Business, Big Growth
If
you own a small business, you’re probably looking to
be more effective and efficient than anyone else. So
don’t think that Project Management is just for the
big guys. It’s a powerful business tool that helps any
size business work smart.
The Science of Getting Things Done
That’s what PM is. The mistake small business owners
make is thinking that because they’re small, they
don’t need processes to get the job done. Not having a
process means poor performance even if you’re an
entrepreneur and a company of one. You need to have a
standard way of approaching your projects.
My Projects Are…
A
project is any activity in your business that has a
distinct deliverable, a clear beginning and an ending.
You probably have plenty of them at work and at home,
but do you have the PM skills you need to manage them
effectively and build your business? (Select
Cheetah Project Management
to learn more about PM
methods.)
PM and Your Bottom Line
When
PM grabs hold of your business, you’ll see its impact
on your bottom line. The Standish Group conservatively
estimates that 20% of money spent on projects is
wasted because of an inconsistent approach to PM.
Eliminating that inconsistency allows speed to become
a competitive advantage. You don’t have to spend time
creating a PM process when you have one in place. A
consistent approach to PM empowers people to reach
their goals individually and as a team, building
confidence and encouraging achievement. Capturing best
practices gives you another competitive edge by
turning information into insight that can be applied
to your next project.
Build Your Business
Now is the perfect time to integrate PM methodology
into your small business and start moving at the speed
of your ideas. Check out this month’s PDU Corner to
learn more about Building Your Consulting Practice and
find out even more about growing your business with PM
by reading this month’s
Know How Network article.