Six great examples of project management

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Following an appropriate and effective project management methodology is essential to achieving success in any type of business initiative. That is why today we present six great examples of project management that have had a great impact in their respective industries and that can serve as inspiration to improve your own business projects.

What is project management?
Project management is the process of planning, executing and fusion database controlling resources to achieve specific objectives within a given time frame and budget.

This process involves elements such as the following:

Risk identification and management.
Task assignment.
Use of effective communication tools.
Conflict resolution.
Adaptation to possible changes.
Projects can be of any size or complexity, and may involve a variety of industries and disciplines such as:

Installers : are those responsible for the installation, repair and maintenance of systems and equipment in different industries and sectors.
Engineering : their activity is based on the design or modification of buildings, roads or building land.
Construction : they carry out the projects developed for engineering companies, managing resources and controlling processes.
Consulting firms : are responsible for advising, guiding and assisting companies in various activities and from different sectors. In addition, consulting firms specialize in different areas such as marketing or technology.
Law firms : are those that advise clients on legal matters such as the negotiation of agreements, representation in court or the drafting of legal documents.
Renewable energy : they dedicate their activity to the installation of devices that generate sustainable energy such as solar panels, windmills or hydraulic turbines.
This is why achieving success in project management depends on the ability to manage resources, make timely decisions and work effectively as a team , as well as having a software solution such as ARBENTIA Project Management , perfect if you are looking for how to manage projects in an advanced way in multiple sectors.

ARBENTIA Project Management is a modular technological platform in a comprehensive and sector-specific environment developed by ARBENTIA on the Microsoft Dynamics 365 Business Central SaaS ERP . This platform is based on the philosophy of integrating and incorporating the best practices in the sector, collected by our professionals throughout their more than 20 years of experience and the best solutions on the market.

Advantages of project management software
One of the maxims of organizations dedicated to project management is to carry them out in the most efficient way possible, and doing so brings a series of benefits:

Better use of resources and time : By planning the project to be carried out and knowing the actions to be developed, it is easier to prepare the necessary resources and estimate the times of each process.
Greater knowledge and learning : by having control over the projects that have been managed, the processes of these can be improved, the way of acting can be modified or the results obtained can be known.
Greater collaboration : Studying the projects to be developed in advance helps companies organize teams and have the professionals who are best suited to project management, due to their skills and knowledge.
Quality control : having greater knowledge and improving learning leads to greater quality control, since the steps to follow and the procedures have been refined to keep those that work best, obtaining the highest quality.
Do you want to learn about the leading engineering project management solution built on the Microsoft Dynamics 365 platform?
In this webinar you will learn about the main features included in ARBENTIA Project Management (formerly Verona), the technological platform for managing all types of projects based on Dynamics 365 technology (ERP, CRM, SAT, BI...).

This vertical has a philosophy that is based on integrating and completing the best horizontal solutions to provide specific solutions to the engineering and construction sector.



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How to create a project management plan
To develop a project management plan , the following steps can be followed:

Define the project objectives.

Determine the type of results you want to achieve.

Identify the resources that will be needed to do so.

Set a realistic timeline .

Define what risks may threaten the viability of the project.

Establish an appropriate and efficient communication plan .

Establish a change management plan .

Review and adjust the entire project management plan.

The objective of developing a project management plan is to have maximum control over all the variables that may occur, thus ensuring that, regardless of what happens, it will always be possible to obtain the expected result.

Methodologies used in project management
There are different ways to manage projects, which will depend on the resources we have or how we want to proceed to develop the activity:

AGILE methodology : focuses on resource optimization, highlighting time management and collaboration between professionals. It is based on a global vision of the tasks to be developed in order to respond quickly to problems that arise during the development of the project.
Waterfall methodology : created in the 70s, it stands out for the concatenation of tasks, which are linked to each other, that is, task B cannot advance until task A is completed. This means a longer process and is difficult to modify in case of problems.
Critical Chain Methodology (CCPM) : focuses on first identifying critical or dependent tasks, that is, those that require another task to be completed. In this way, resources are managed better, time is saved and errors are reduced.
Hit methodology : developed by Arbentia following the Project Management Methodology (PM²) standards of the European Commission, it is based on dividing the project into monthly cycles in which the solution is built, bringing it as close as possible to the client, who tests and validates it with their data from the first month, which makes it easier to adapt the project to the real needs of the business and work with a focus on dealing with documentation.
Gantt chart : This is one of the best known and most commonly used due to its simplicity. It is a two-axis diagram, which details the tasks and phases of the project and the estimated execution time. In other words, it creates a schedule in which each team member knows the time they have to complete the task assigned to them.