Why is project management an important factor in planning and running a successful business?

a) Project management is vital because it helps assure that the companys resources are being used wisely and help a company to reach its strategic goals.

b) Project management is not essential because running a successful business only involves building a strong customer base.

c) Suppose that a company determines that they need to make some changes to improve operations. They do not need project management to guide them because they can use prior methods that have already been used successfully.

d) Project management is not necessary because if the plan does not work, there is no risk involved.