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Company's profitability definitely depends on Project management.
1. Any project has its own Business case. Company's planned or better ROI or EVA can be achieved only through successful project management by achieving its goals in terms of Quality, Cost and Schedule.
2. Delivering best in class Quality can pull in more than expected businesses leading to enhancing companies top line and bottom line.
3. Managing project cost within the budget by optimizing the resources like people, materials, etc and by ensuring project deadlines are met. Any savings adds to the better than expected ROI / EVA.
Thus, Project teams play important role in company's profitability.
By ensuring the most cost effective use of company resources and by ensuring an accurate project cost calculations based on the approved project plan.
By trying to use the resources the best way with the best human factors , Also must look and search for other resources the company can use and try to reduce the cost as much can be in many ways ( Make Accurate Budget / Cash flow for the company / Accurate forcasting ) in order to reach the ideal frame work can be applied in the company.
