THE PROJECT AS AN ORGANIZATIONAL TOOL

Projects are targeted initiatives limited in time and resources. From an organizational point of view,effective projects are often those that offer measures and potential solutions to the problems the organization hasfaced. They can provide the organization with tools to create new products or services, or find ways to improvecurrent practice in the context of a particular framework and the specific resources available.The projects that an organization develops should be closely linked to its strategic planning. The more a projectfocuses on research in a specific area or on finding answers to specific questions arising from strategic analysis, themore valuable it will be. Thus, although at the functional level it may seem outside the typical structure of theorganization, the project can directly contribute to its further development.Effective project management can benefit an organization by helping to increase its prosperity. When companies cananticipate problems, adjust tasks, and improve internal communication, the entire organization can benefit. There areother additional benefits of project management - reduced costs and greater efficiency; predictable project results;reduced response time to the problem; improved communication with customers and stakeholders; improved productquality; greater control of budgets and finances; improving decision-making; greater morale and focus on teammembers.Project management can deliver benefits to organizations of all sizes, allowing teams to increase the quality ofresults in a way that is sensitive to costs and organizational deadlines. Recent economic developments have led morecompanies to pursue project management as a way to reduce costs and increase both profit and project quality