Benefits of Project Management

Benefits might not be an accurate enough description. You might want to break it into two separate lists, something like Structure and Promised Benefits.

Some examples of Structure:
Standard process
Common language/definitions when discussing project work
Consistent tools
Boundaries

Using a well-defined project management lifecycle gives you structure. I don't consider this a benefit because the structure is a means of obtaining value, but is not a tangible product or service that you can sell to a customer. This structure promises benefits, or value, but keep in mind that it is only a promise. It requires people to deliver the value, for you to realize the benefits.

Eric has provided a good list of promised benefits. You may not realize them on every project, regardless of how well you adhere to the structure you have defined, but if you have the right structure for your organization, and the right people, your chances are significantly higher of realizing the desired benefits than if you didn't.

Check out Mark Mullaly's research into the value of project management. Depending on your audience, stats can help get your point across. Have a look at the PMI website for their other research papers too.

You're right. I meant to say "Less chance of negative impacts to project due to undefined and uncontrolled risks".

I'd say create an imagination of "undertaking a project without a project management". How things will be done regarding knowledge areas and project objectives.

Lea, it sounds as if your audience is more general, including those not in the profession. Consider staying more high-level. If you get too much in the weeds, the audience may zone out a bit. Try using analogies to convey the intricacies and benefits.

Ship's captain
Building a house

Both of these have a plethora of connections and relatable activities. That's my take on it. Good Luck! And have fun!

While lot of people have a great list of reasons please let me say: it does not matter at all. Benefit of using project management must be listed taking into account the context and reality (mainly the organizational life cycle phase) to translate it into objective ones. In fact, the best thing to do is to explaing why a project is started and why the knowledge areas of the PMBOK (if you will talk to follow the PMI way) emerges for the need of a project (why risk? why scope? why resource management? etc etc). The key here is to understand that each people in the whole world perfom project management from the time they wake up to the time the return to bed. But they are not aware on that. You have to make it visible.

Hello, I'm new to this forum but very intrigued by this discussion. 20 minutes isn't long, to be sure. One of my favorite visuals that I offer for this kind of talk is a someone putting out a fire vs. "Smokey the Bear" - it gets the point across that you have to manage risk instead of just waiting for things to happen.

Here are the top 10 benefits of achieving PMP® Credential:


10) Sets you apart: With a PMP® credential, you have standardized project management skills and the right credentials to prove it. It enables you to demonstrate your project management experience, education, and competency to lead and direct projects.


9) Recognizes your project management skills worldwide: A PMP® credential is an ideal bet for all project managers across various professional fields including it technology, telecom, business processing unit, commerce, finance, research, and more.


8 ) Enhances your skills: The PMP® exam tests you on five project management processes – initiating, planning, executing, monitoring & controlling, and closing. This ensures you acquire a standardized set of project management best practices, based on all five processes.


7) Improves project performance: Attaining a PMP® certification empowers you with skills that improve productivity and ensures successful completion of projects.


6) Showcases your skills to global employers: A PMP® credential is globally recognized and demanded (more than 450k PMP® certified professionals worldwide – source). So becoming a PMP® helps the project management world recognize your skills.


5) Displays your ability to handle challenging projects: The PMP® exam eligibility criteria are based on a project manager’s project management education and experience. A PMP® credential thus validates your skills and experience in successfully completing challenging and critical industry-based projects.


4) Brings you challenging projects: A PMP® credential increases your value as a project management professional and gives you the scope to lead, direct, and implement challenging projects.


3) Provides greater job opportunities: According to PricewaterhouseCoopers survey, 80% of high-performing projects use PMP® credentialed project managers and the 2010 PMI® Pulse of the Profession study found that organizations with more than 35% PMP certified project managers had better project performance. Thus, a PMP® Certification provides you greater job opportunities in the global project management scenario.


2) Expands your market reach: Attaining a PMP® Credential, you can reach out to potential employers from across the globe. You can be in contact with past PMP® certified professionals and aspiring PMP® aspirants through project management discussion boards and forums and thus increase your expertise with knowledge sharing and tips.


1) Increases your salary dramatically: According to the PMI® Project Management Salary Survey, Seventh Edition- Project Management Professional (PMP)® credential holders in the U.S. earned an average of 16% more (approximately US$14,500) than their non-credentialed peers in 2011. Plus, the statistics provided by simplyhired.com, a search engine for jobs, show that a PMP® project manager has the scope of earning six figures in the US.


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