Project Management: History and Evolution

Project management, as we know it at present began to stretch its branches only a few decades ago, yet it was mounting around civilization from the beginning of history.

With an objective of maximum productivity with minimum participation, and to breed imagination into realism, human need for an optimal management system that can trigger workforce efficiency to yield product, that is predetermined and objectified was outlining a management system within the growth of human perception though out its evolution.

This stream of development in its respective path also had marked its course from its source, and events in its voyages were observed and registered in the pages of history.

Turning these pages, today we witness a simple endeavor to illustrate and analyze tasks through simple bar charts cultivated seed yesterday, and within a short span of time, it had grown to a gigantic tree of the project management industry we witness at present.

“Henry Gantt” is considered to be the forefather of project management, as his planning and organizing methods with the use of the “bar charts” as a project management tool recognizes him as the foremost precursor for contemporary project management practices employed today.

However, civilization was practicing an anonymous management system for accomplishing tasks carried out by them since the beginning of civilization; as today we can witness Pyramids, Roman structures, etc as one of most exceptional achievements human workforces had ever delivered.

To consider these massive project missions without any proper management scheme would be an unjust platform to write about today for our ancestors. The conception of project management was there in the womb of our civilization from the beginning, but its name is coined and structure is fabricated by our modern world.

As a discipline, project management has evolved from numerous diverse fields, including engineering, construction, military projects, etc. If we have to mark the date of identification for this management system then we need to start not before the industrial revolution, as this revolution sprouted a complex need of organizational management and interaction. The need of budget management, workforce utilization, demand and supply scaling, compels to develop the management system that was methodological and goal oriented.

Frederick Taylor, who introduced a scientific approach for understanding productivity measurement through performance leveling, led him as the father of scientific approaches in organizational management systems.

Moreover, his associate Henry Gantt’s use of the bar diagram as a gauging process for planning and controlling, acknowledged him as a father of project management tools.

But the 1950’s was marked as a date for the beginning of modern project management; as before the 50’s projects were managed only with the popular use of Gantt charts and informal tools and statistics.

Furthermore, the immediate launch of the Polaris submarine missile project to fulfill the need of the missile gap with Russia; the US Army systemized a “Program Evaluation and Review Technique” or PERT devised by Willard Fazar and the use of the “Critical Path Method” (CPM) a mathematical technique for management of complex projects, drives project management systems further with advances in scientific approaches.

In 1969, the Project Management Institute (PMI) was formed to professionalize and modernize through formalizing project management tools and techniques.

In addition, today with rapid technological advancement, thriving IT industries, and globalization, project management solutions are in demand throughout the world as a fundamental force to complete projects within a defined scope, time, and within cost constraints.

Management tasks, where few individuals use to manage and memorize before; now require advance systems and methodological approaches for organization decision-making and planning implementation.

At present ultra modern project management systems deliver innovative solutions and its management process possesses the latest tools and techniques, systems and schemes with scientific evidences and statistical explanations.

Debt Management Program Overview: What to Consider and Ask When Considering This Solution

When it is carefully constructed, a debt management program can really help you organize your finances and get your bills paid off faster. However, since consumers aren’t always in debt for the same reason, there are multiple solutions for individuals trying to climb out a financial hole. The ideal candidate for this kind of management / repayment program is someone who has high-interest debt and a steady enough income that will allow them to handle the debt. The reason why they need help is because they need to create a better budget for guidance, and that’s precisely what debt management companies do.

Before deciding if this is the right route for you to take, you must first ask yourself a few questions.

“Will I be able to live without a credit card?”

“Do I really need outside support to help coach me through this financial crisis?”

“Will I need to make an expensive purchase within the next year, which will require credit?”

“What exactly will my responsibilities be?”

You’ll likely be required to give up new credit – especially if you want to keep the benefits that the debt management program has negotiated on your behalf. You must prove that you are truly interested in getting out of debt, so applying for a new credit card or loan will not be of any help to you whatsoever.

Enrollment to a Debt Management Program

The enrollment process can take up to a month. Once you begin enrolling it will take some time for the negotiations to work and the repayment plan to be put into place. Unless you have enough money to pay for both the program and still make the regular payments to creditors, be prepared to get a late mark (or more) on your credit reports.

If you start getting collection calls from the creditors before everything is finalized, just inform them that you have enrolled in a debt management program and that should keep them satisfied and they will leave you alone.

If your problem is that you have too many credit cards to keep track of, then choose a company that offers consolidation solutions. For some individuals, consolidation is the best and easiest way to manage debts. The qualification requirements vary from one company to the next. Ideally, you’ll be required to owe at least $5,000 in unsecured debts in order to be approved for the management program.

Which company has a good reputation and reasonable rates? If you really are getting overwhelmed with your debts, then consider looking into CuraDebt and its solutions. There are many positive reviews about CuraDebt’s debt management program and other services.

Tips On Finding The Right Property Management Company

It is a hassle, more often than not, to find the right guy to do the job. This is certainly the case when searching for a property management company. While it’s true that the risk of property management is reduced considerably if a reliable real estate manager is on the job, you have to find the right property management company for the process to be successful. Read on to learn how to find the right one.

Search Your Local Network

Your local network will comprise trusted and reliable people. Ask your realtor, contractor, or handyman if they know of any property management company that you can work with. Also seek advice from network meetings and investment clubs. Gather all the options you can from the people you know and trust.

Ask The Company Officials Important Questions

Once you have a list of property management companies ready, you to need to speak to the concerned people in each company and ask them a number of questions. Find out who their other clients are and collect references. Look into the property portfolios they managed in the past and find out how efficient they were with these ventures. This can be a good measure of how likely it is that the company will succeed in managing your property portfolio.

Value For Money Is Key

After gathering all the necessary information, you should enquire about the pricing. Property managers are responsible for performing a multitude of functions that vary in both cost and responsibility. Before entering into an agreement with the company, ensure that you are getting everything you want from them, and all of that at a satisfying price.

Be smart about the money. Some companies may offer their services for a percentage of your monthly rent, but there may be others offering more services for a marginally higher price. It’s recommended that you decide exactly as per what suits you.

You Should Take The Calls

You and your property manager should work like a team, with no lapse in communication. Remember that it’s your property in question and so you are in control. The buck stops with you. So for instance, if the company relies on your rental income for their salary, they might look for ways to increase your rent amount. You should stay a step ahead and make sure this doesn’t affect you. Nobody should have the final word on your property but you.

Be Sure About Who You Finally Pick

Take your time in choosing the most suitable property manager. Not all those who make a good first impression will deliver. Even if a manager was referred to you, you should do your research anyway and run a thorough background check.