In what businesses would you expect project management to be

In what businesses would you expect project management to be the most important? Explain

Solution

The project management becomes important in almost every field today but the most important field in   which project management is used and is of utmost important to the whole process is construction and real estate business. The applicability of project management is more apt on businesses and processes which are large and complex. Each process has its own importance and the sequence needs to be followed with proper planning. Without planning and sequential activities the project might fail and may actually add costs. Delayed and poorly handled projects might lead to huge wastage of resources as well as time of the company. The effective project management leads to avoidance of various risks involved with implementation of the project.