Project Management and process management are two different types of business management solutions. Both offer great solutions for two very different problems within businesses. Both are useful tools for business success.
Both are great ways for managing what work gets done but different tasks need different types of approaches.
We’ll look at how process management can be used to manage the daily operations of a business while project management is used to manage the delivery of projects and deliverables. We’ll look at the differences between these two management solutions and how they can be used to support your business operations.
What is the most effective way to solve your problem? Ask yourself these questions, and try to solve, how things need to be done or what needs to get done?
What Is Business Process Management?
Business process management or BPM is focused on ongoing operations of business processes and tasks within a business.
Process management is a series of ongoing tasks that are recurring and are an infinite part of the business day to day life “process management is about the journey.”
For instance, HR processes, Marketing, Onboarding clients and staff, Invoicing and accounting to name a few have processes set out to perform the task in the correct way every time.
BPM allows for continuous analysis and fine-tuning of ways to make improvements within the business.
Workflow becomes more sustainable and adaptable to changes quickly in the environment.
Project Management
In project management, the main objectives are planning, initiation, and execution of a single project with a defined goal. Projects have defined beginnings and endings to meet predetermined objectives.
“Project management is about the destination.”
Project management can help companies achieve efficiency in terms of both labour and budget.
Cost-effective since projects are managed from start to end so you can have control of the project budget. Meaning you can identify which resources are being leaked or misused. Identify problems within the project quickly and identify any possible bottlenecks.
Project management software will help plan and deliver your project on time.
Main Differences between the Process and Project?
Project management is defined by a single one of project which has a determined fixed time frame and one predefined goal. But flexible and ever-changing as you don’t come across the same challenges daily and need to adapt along the way.
Whereas Business process management is about the processes used in day to day business life. The guidebook to the best-predefined ways tasks should be executed to get the best results. More fixed but open to improvement to get better-optimised processes. Checklists are a great way for getting things done and making sure all processes, standard operating procedures and tasks are being completed.
Processes are ongoing. Projects are single events.