EVALUATION OF THE ROLE OF PROJECT MANAGEMENT IN A MODERN BUSINESS ENVIRONMENT

Reva Carrol, Stephane Camille

Abstract


Projects must have a good reason why investment must be put into them. It is important that at the beginning of the project the relevance in terms of the practical and economic importance are clearly outlined to provide a basis why stakeholder should be concerned about the project. This paper summarises a report on the analysis of the project management issues in the transformation of Macchiato Productions. Other issues such as stakeholder analysis, project plan and risk management have also been discussed. The analysis brings up some of the critical issues in project management that demonstrates its significant role as a  management tool in developing competitive success in constantly changing and highly competitive global environment.


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