Emergence and Growth of Project Management

Traditional management was unable to cope with increase in complexities and changing environment. As a result project management concept/ approach emerged as an alternative approach to traditional management approach avoiding the drawbacks of management to fulfill the need of new method and technique of management in business and non-business or public and private sector.
 
There are many reason for the emergence and growth of project management. But some more important reasons are mentioned below:
  • Complex and dynamic environment.
  • Tough and competitive market situation/worldwide competition.
  • Expansion of human knowledge.
  • Growing demand for complex, sophisticated, customized and services and goods.
  • Rapid development and change in technology.
  • Greater need for high result performance by limited resources.
  • Globalization.

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