Five tips for using Project Management in your small business

March 10, 2009

  1. Learn common Project Management Terminology – This will allow you to communicate effectively with your contractors, subcontractors and customers. Consistent communication will save your company time and rework.
  2. Get the low hanging fruit first – There are lots of inconsistent processes in your business. Focus on easy ones first and fix it using project management principles to gain momentum and early wins.
  3. Keep it simple – You don’t have to use all project management tools and techniques on the very first project you work on. If it is too complicated, no one will follow it.
  4. Less is more – This is an excellent time for small businesses to make a mark. With power of project management behind your ideas, you can deliver results faster than big businesses, with fewer resources.
  5. Learn from your mistakes as well as successes – To become successful business owner you have to make lots of mistakes and learn quickly from them. Project Management processes allow you to capture lessons learned during the project. It is important you use that insight gained from one project to use it in the next project. So you don’t keep reinventing the wheel.

Entry Filed under: Business Strategy, Management Training, PMP. .

1 Comment Add your own

  • 1. Manish Thapar  |  November 7, 2009 at 8:40 am

    Very well said!!!

    regards

    Manish

    Reply

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