---
title: "Advantages of project management"
subject: "ICT Project Management"
chapter: 4
key: "semester_7/ict_project_management:advantages-project-management"
source: https://www.bctengineer.com/q/semester_7/ict_project_management/advantages-project-management
site: BCT Engineering
---

# Advantages of project management

ICT Project Management · Chapter 4: Project Management

- Asked in: year not given
- Video: [What is Project Management - Definition, Objectives & Examples | AIMS Education](https://www.youtube.com/watch?v=49-LbHZSF3U) — AIMS Education
- Answer checked by Claude Opus 5.5 (high effort) on 2026-10-14
- Page: https://www.bctengineer.com/q/semester_7/ict_project_management/advantages-project-management
- Whole chapter: https://www.bctengineer.com/md/semester_7/ict_project_management/chapter-4

## Question

What are the advantages of project management?

## Short answer

Project management provides better resource control, improved customer relations, shorter development times, lower costs, higher quality, and risk reduction. It ensures clear goals, defined responsibilities, regular monitoring, and alignment with business strategy, leading to more reliable and profitable projects.

## Answer

Good project management increases the chances of delivering results on time, within budget and with the quality expected. Schwalbe notes that organisations adopting formal project management see better control, lower costs and higher satisfaction.

#### Advantages
1. **Better control of financial, physical and human resources**: resources are planned and tracked.
2. **Improved customer relations**: regular communication and clear scope increase customer satisfaction.
3. **Shorter development times**: planning and scheduling avoid delays and rework.
4. **Lower costs**: cost estimating, budgeting and earned value help avoid overruns.
5. **Higher quality and increased reliability**: quality planning and control are built in.
6. **Higher profit margins**: efficient delivery improves return on investment.
7. **Improved productivity**: clear roles, responsibilities and goals.
8. **Better internal coordination**: communication among departments and the team.
9. **Higher worker morale**: team members understand their tasks and progress.
10. **Risk reduction**: threats are identified and managed in advance.
11. **Early problem detection**: monitoring identifies deviations quickly.
12. **Alignment with strategy**: projects are chosen and managed to meet business objectives.
13. **Knowledge reuse**: lessons learned and standard templates support later projects.
14. **Better decision making**: facts and metrics replace guesswork.

| Without project management | With project management |
|---|---|
| Unclear goals | Defined scope and objectives |
| Frequent overruns | Cost and schedule control |
| Conflicts about roles | RACI/assigned responsibilities |
| Surprises at the end | Regular status and risk review |

**Example:** An IT company that applies PMBOK processes to its software projects reduces delays by using a baseline schedule and weekly status reports, and wins repeat orders from clients.

## Check yourself

The answer's key points as multiple-choice questions, with the correct option and why.

1. How does project management shorten development time and lower cost?
   A. By skipping planning
   B. By adding more scope
   C. By planning, scheduling, cost estimating and earned value that avoid delays, rework and overruns
   D. By removing the team
   Answer: C. Planning and control avoid delay, rework and overruns. (Key point: Cost and time)

2. Which feature gives early problem detection?
   A. Ignoring status reports
   B. Monitoring that identifies deviations quickly
   C. Ending the project
   D. Increasing scope
   Answer: B. Regular monitoring reveals deviations from plan early. (Key point: Early problem detection)

3. How does project management support knowledge reuse?
   A. Through lessons learned and standard templates
   B. By deleting records
   C. By avoiding documentation
   D. By changing managers
   Answer: A. Lessons learned and templates help later projects. (Key point: Knowledge reuse)

4. Improved customer relations arise from:
   A. Hiding progress
   B. Frequent scope changes
   C. Regular communication and clear scope
   D. Lower quality
   Answer: C. Regular communication and a clear scope raise customer satisfaction. (Key point: Customer relations)

## Related in ICT Project Management

- [Project management body of knowledge](https://www.bctengineer.com/question.md?key=semester_7%2Fict_project_management%3Adefine-pmbok) — ICT Project Management, chapter 2
- [Project management knowledge areas](https://www.bctengineer.com/question.md?key=semester_7%2Fict_project_management%3Apm-knowledge-areas) — ICT Project Management, chapter 2
- [General management skills and project management](https://www.bctengineer.com/question.md?key=semester_7%2Fict_project_management%3Ageneral-management-skill) — ICT Project Management, chapter 2
- [Project portfolio management](https://www.bctengineer.com/question.md?key=semester_7%2Fict_project_management%3Aportfolio-management) — ICT Project Management, chapter 3
- [Define project management](https://www.bctengineer.com/question.md?key=semester_7%2Fict_project_management%3Adefine-project-management) — ICT Project Management, chapter 4
- [System view of project management](https://www.bctengineer.com/question.md?key=semester_7%2Fict_project_management%3Asystem-view-three-parts) — ICT Project Management, chapter 5

## Related in other subjects

- [Function of project management in Nepal](https://www.bctengineer.com/question.md?key=semester_8%2Fconstruction_management%3Acpm-function-nepal) — Construction Management, chapter 1
- [Types of projects; effect of project management](https://www.bctengineer.com/question.md?key=semester_7%2Fproject_engineering%3Aproject-types-effect-of-management) — Project Engineering, chapter 1
- [Project vs traditional management; external environment](https://www.bctengineer.com/question.md?key=semester_7%2Fproject_engineering%3Aproject-vs-traditional-mgmt-external-env) — Project Engineering, chapter 1
- [Project management and its functions](https://www.bctengineer.com/question.md?key=semester_7%2Fproject_engineering%3Aproject-management-and-functions) — Project Engineering, chapter 1