Project Management: The Application of Tools and Skills to Appropriate Settings

Project management is the application of common sense practices to businesses in a wide variety of industries. Project managers certified through the Project Management Institute heed the warning: “Do not let common practice replace common sense.”

This statement is catchy, but it is also very applicable to project management tools and business organizational processes.

I have worked on projects in sales positions at retail mall fashion stores, Body Central. I’ve worked on projects Target, Busch Gardens Anheuser Busch, The Colonial Williamsburg Foundation, The College of William and Mary, Johns Hopkins University, The Museo de Baile Flamenco (In Seville, Spain), consulting positions with real estate firm, NVProperties, Permit Express, Mentor Focus, 360 Degree Education, Pohanka Automotive Group, Condortech Services, America’s Charities, Rose Knight Photography, Federal Deposit Insurance Corporation, HealthRx, The College of William and Mary, BIM Engineering, USPAAC, and in volunteer roles with the American Cancer Society, Watchtower Organization, and Wmag’s Conde Nast editor.

Through my project management career, I have managed and led all phases of project management from initiation, planning, executing, monitoring and controlling, to closing in 100% of the 49 process areas, gaining insights into industry trends and deepening my expertise in project management along the way. I’ve gained treasured relationships along the way as well. I invite you to review my LinkedIn page. I plan to upload insights I’ve gained in my vast experiences that I hope you will use to innovate your organizations.

Enjoy!

Thanks in advance.

Emi Akiode, Project Management Professional

FOR YOUR CONSIDERATION:

Project Managers analyze business projects in terms of:

1. Scope (Baseline with Work Breakdown Structure, Scope Statement, Work Breakdown Structure Dictionary)
2. Budget (Time phase version of aggregated costs)
3. Schedule (time phase version the durations estimates aggregated in a diagram)

as it relates to these five traditional business profitability metrics:

1. Net Present Value (NPV)
2. Return on Investment (ROI)
3. Internal Rate of Return (IRR)
4. Payback Period (PBP) and
5. Benefit-cost Ratio (BCR)