Which industries use Project Management?
Project management methodology and techniques are useful in any industry. Concepts such as risk management, human resources, and project scope, timeline, and cost are valuable for e-commerce stores as well as individual consultants and freelancers. However, some industries have more project management roles or specialized use of project management techniques.
In recent years, the project management field has grown from project manager positions to Project Management Offices (PMOs, also called Project Management Organizations). PMOs are divisions of a company or organization that focus entirely on managing projects and programs dedicated to a specific purpose. PMOs are common in the healthcare and finance industries.
Construction
Project management has its roots in the construction industry. A single construction project has numerous stakeholders including investors, architects, engineers, material suppliers and finally construction workers. Construction project managers liaise with these stakeholders, ensure the project complies with local laws and that all necessary permits are kept up to date, in addition to a variety of other duties.
Healthcare
Project management offices are becoming standard in the healthcare industry. Healthcare organizations are typically composed of multiple groups with distinct research interests or medical specialties. Project management offices are essential in managing the various interests within a group while allowing them to operate independently. Healthcare project managers may also work with a specific department managing tasks like opening a new medical wing or hiring staff.
Government & Military
With the increased globalization of the world, project management in the government and military sector has become essential. At the government level, project management involves coordinating with stakeholders from multiple agencies, including international agencies, to assess risk and manage international task teams.
Finance
Specific knowledge areas, such as evaluating risk and cost are directly related to the financial services industry. For example, a financial business manager may assess the feasibility of different investment options. Financial managers can use project management methodology to evaluate portfolios and improve ROI.
Information Technology
Project managers in the IT industry may keep track of documents, licenses, and reports while ensuring projects continue to run smoothly. IT professionals also have the option to earn a specialized project management certification, specific to the field of IT. EC-Council offers the PMITS, a project management certification designed for IT professionals.
Software Development
Software Developers use project management to define and manage development tasks, sometimes called sprints. Agile is a popular methodology in the computer software industry. As a result, some developers obtain certification in an Agile-based development framework, such as Scrum