5R’s of Project Management

A project is temporary in that it has a defined beginning and end in time, and therefore defined scope and resources. The development of software for an improved business process, the construction of a building or bridge, the relief effort after a natural disaster, the expansion of sales into a new geographic market all are projects.

Project management, then, is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements. Mind admission has listed five reasons why you should specialize in Project Management.

5 REASONS WHY YOU SHOULD DO AN MBA IN PROJECT MANAGEMENT- MIND ADMISSION

  1. Networking with experts

During the MBA in Project Management, the classroom becomes an excellent space for exchanging contacts and experiences. Here you can meet and approach colleagues and professionals who work in different companies and build good relationships. Although there are numerous selection processes and competitions throughout the country, many professionals are “fished” by large corporations in universities or by the appointment of a teacher. It is so important to show interest, make contacts, and introduce yourself. You are your best business card!

  1. Leadership Development

I once heard from a professional who I admire greatly that to be a good manager it is not enough to have only technical skills you will also need good leadership skills. A Project Manager must guide and motivate his team to achieve the expected results, as well as being able to communicate properly at all levels of the organization. By earning the respect of each specialist working alongside you their commitment to the project will be guaranteed. These skills are highly sought after in today’s job market.

  1. Union between theory and practice

Studying the fundamentals of Project Management and Scientific Research Methodology, students will be able to analyze real-life cases and day-to-day business situations which will soon become a reality following graduation. Being able to unite theory and practice will ensure you are ready for employment.

  1. The market need for visionary professionals

With the emergence of innovative, modern, and connected organizations, business models, and work styles, a new generation of leaders is required. It is a competitive world and management need to have fresh perspectives, awareness of trends, and a readiness to explore in order to ensure success. This course will provide you with the learning tools to both be aware of and tackle any issues that may arise when managing a project.

  1. The chance to explore multiple opportunities

If you prefer new challenges over routine, a specialization in Project Management will be the best decision you could make. Instead of occupying a permanent position in a single company, you can work as a temporary specialist and be highly sought after. The more projects you work on and achieve success with the better your reputation will be. Soon you will have companies knocking on your door, begging for your expertise.

WILL SCOPE OF WORK AFTER DISTANCE MBA IN PROJECT MANAGEMENT GROW?

As the definition suggests, from building a bridge to the expansion of sale, any critical initiative which has business or social outcome is a project. What promises to make such endeavors successful is the project management discipline. Project management discipline has a large and ever-increasing scope in various industry sectors. specially construction, engineering, production, information technology, and so on.

This project management is not limited only to the execution of core activities. The organization takes up many strategic initiatives. A pilot project for innovation, studying customer behavior, trying a new technology implementation on-ground or even a research project are some examples. All such initiatives need a strong process to deliver the outcomes. The project Management process is one which holds such promise.
It helps steer the projects through hurdles and difficult times. Hence, it is not a surprise that the demand for project management professionals is and would be ever-increasing! Distance MBA is one of the ways to grab such a growing scope of work.

Online Education is always economical in nature as it doesn’t burden the students and their parents. These help the student to invest their funds into some other productive medium that could help the nation in one way or the other.

Online Education is one of the latest educational trends helping lots of aspirants to achieve their dreams with minimum effort. Online Education is making life easy of many candidates by coming to their doorsteps. The open education system is helping to increase the literacy rate of the country.

PROJECT MANAGER SALARY

The salary of a Project manager depends upon his experience level, sector, location, etc. However, the Project manager gets on an average 12 Lakh per annum based on the data at Payscale.com

CAREER GROWTH AND DISTANCE MBA IN PROJECT MANAGEMENT

As we are aware, project managers are required in each sector of the industry. They are referred to with different designations in different industries. Sometimes project managers are called as planning mangers, engineering project managers, etc. However, the core role remains the same. After successful completion of the distance MBA, you will get many opportunities. The typical growth path for a project manager career is shown below.

Mind Admission offers MBA in Project Management. The course imparts field-specific knowledge and educates the candidates about various trends in the industry.

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