How Project Management Can Help Business Administration Essay Example
How Project Management Can Help Business Administration Essay Example

How Project Management Can Help Business Administration Essay Example

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  • Pages: 4 (931 words)
  • Published: May 5, 2022
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Many students do not understand or realize how important project management would be helpful to them and their careers. It is for this reason that many students do not study project management. The absence of the knowledge of how imperative venture administration is making a lot of understudies needs all the benefits and the advantages that come with project management. Project management plays a prominent role in almost each and every careers study and partially all organizations, (Weske, 366). The knowledge of Project Management can be applied everywhere. But many people have not realized this; they instead despise it and do not consider it when choosing their careers. There are several advantages that Project Management has on Business Administration as someone’s career.

Training in Project Management is very essential since it provides a student majoring in Business Administ

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ration with a comprehensive understanding of topics that relate to business, economics, marketing, and finance. One of the main benefits of studying project management and business administration as well is that the students are offered a chance that they can undertake professional projects and work placements, (Kerzner, 34). In turn, this is paramount since it helps and equips the students with a practical exposure and also a technical knowledge as well as transferable, soft skills. Furthermore, a student with the interest in just studying the academic, the managerial and the business-oriented theories, they end up having the skills-set that helps them in formulating policies as well as delve into academia or even the study of the practices that are best in management.

Studying Project Management as well as Business Administration would also help them in their future since it lay

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a foundation for a very broad range of several career paths. Additionally, Project Management by itself is a generalized program that contains a wide area of different academic coverage, (Bryman & Emma, 23). Even when the business environment is very competitive, Project Management would provide advanced opportunities as well as career opportunities that would help one to deal with such environments. This is an advantage that many students have not yet identified and therefore do not find it necessary to train and to study Project Management.

A student with the knowledge in project management has the required skills that are required in businesses. One is able to assume such responsibilities as planning, accounting tasks, project initiation, managing information systems, operations management, procurement and writing/understanding contracts. They are also able to handle several challenges in a business ranging from cost control and risk management to total quality management. Students with the knowledge are able and well equipped, and thus they are able to handle a lot than the way they could with just their major alone.

Another advantage of studying Business Administration as well as Project Management is that the combination is on a very high market demand as well as associated prestige. This is an advantage that makes this combination a special one. For instance, the high demand of the combination makes it very competitive as compared to others. Additionally, it makes it be viewed as a very respectful combination due to the high demand in the market. Consequently, a combination of Project Management with Business Administration is regarded by many people as a sought-after pool of many graduated whereby many business sectors draw from especially in

their processes of hiring. Inevitably, this combination provided several opportunities for the students to explore.

A student with the knowledge in Project Management and Business Administration would never find difficulties to find a job. Due to the wide range of areas that the two covers, such students are considered as a priority since they are well equipped. Many organizations and employers would prefer them since they are able to handle several positions in the organizations and thus they are considered as an asset to the organizations, (Hesselbarth & Stefan, 28). The knowledge in Project Management helps the students to be able to be good project managers and hence even if they get a job in the business administration, they are able to be considered in the project management. Additionally, when one is looking for a job, possibilities are that they would not lack a change as either project managers or in the business administration. This is the key advantage of studying project management.

Many institutions are putting Project Management into very high consideration due to the very high commercially-driven market demand, (Myers, 45). It is hence that they exhort an understudy to be studying Project Management apart from their majors. Since they have learnt how major project management is, they are trying to explain to the students who do not understand it.

The awareness of the advantages of studying project management among the students is very crucial since many students are really missing great opportunities. Without the knowledge, students are not able to realize how important project management is not just to their academics or to their profession, but also to other activities like organizing such events as

weddings among many others. For this reason, students are supposed to consider project management in their studies as it helps in several fields.

Work cited

  1. Bryman, Alan, and Emma Bell. Business research methods. Oxford University Press, USA, 2015.
  2. Hesselbarth, Charlotte, and Stefan Schaltegger. "Educating change agents for sustainability–learnings from the first sustainability management master of business administration." Journal of cleaner production 62 (2014): 24-36.
  3. Kerzner, Harold R. Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons, 2013.
  4. Myers, Michael D. Qualitative research in business and management. Sage, 2013.
  5. Weske, Mathias. "Business process management architectures." Business Process Management. Springer Berlin Heidelberg, 2012. 333-371.
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