Starting a business or being in business for less than a year can be a challenge. There are some things to consider before or during your first year in business. Moreover, there are some things that you may not remember to address.
Thinking of your business as a project that you need to complete and succeed upon might help you decide on starting a business or succeed in business. The following are the nine (9) areas of knowledge of Project Management used by many project managers employed by businesses and government agencies.
PROJECT INTEGRATION MANAGEMENT is the integration of all your knowledge, e.g., technical, clerical, into your business.
PROJECT SCOPE MANAGEMENT is how far your business will go in order to provide the services or product of your business.
PROJECT TIME MANAGEMENT can be the time you will devote to the business until you feel the business is not worthy of your time.
PROJECT COST MANAGEMENT is how much you have in your budget for your business.
PROJECT QUALITY MANAGEMENT can be the quality of service or product you will provide to your clients.
PROJECT HUMAN RESOURCE MANAGEMENT deals with the people you will employ to help you conduct your business.
PROJECT COMMUNICATIONS MANAGEMENT is all about the technologies and techniques you will employ to communicate with your employees, clients, and vendors.
PROJECT RISK MANAGEMENT is about limiting yourself from business transactions that you cannot assumed.
PROJECT PROCUREMENT MANAGEMENT is about getting the resources that you need to provide the service or the product of your business.
Knight in Business 4.15.2013
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