According to Pecunica's website, project development management is the strategic planning, administration and control of projects during the development life cycle. This cycle begins with planning, construction completion and project exit. The goal of project development management is to minimize project and financial risks, while maximizing profits for developers.

As for project management itself, it is explained by Sutomo, et al. (2016) in a journal entitled Management Analysis of the Office Project Development of PT Prima Multi Usaha Indonesia, namely all the sciences related to leading and coordinating resources consisting of humans and materials. This management is carried out with modern management techniques to achieve specified goals, such as scope, cost, quality, and schedule.

The dynamic business world, especially in this digital era, makes project development management play an important role to ensure the success of a project. The success of a project management is the foundation for the success of the project plan that has been made. The application of the right principles and strategies will make the project run efficiently, effectively, and bring satisfying results.

Basic Principles of Project Management

Quoting the nibusinessinfo.co.uk article, although each project is of a different type, project management principles apply to most projects. The basic principles of project management are divided into three, namely goals, constraints, and project life cycle.

The first basic principle is purpose. This principle is intended so that every project that takes place achieves the specified business goals and objectives. Objectives should be as specific as possible so that the project runs effectively. The second principle is constraints, which are inhibiting factors that affect and limit the completion of a project. The three most commonly found project constraints are cost, scope, and schedule. If one of them is constrained, this will affect the quality of a project.

The third principle is the project life cycle, a starting and ending point where each project owner fulfills the project objectives. The project life cycle is a series of stages that make up the overall journey of a project from start to finish. Combining the 5 stages of project management with the phases of the project life cycle can ensure that the project runs according to plan until it achieves the desired results, from the beginning to the end of the project.

The stages of project management are initiation, planning, execution, monitoring and control, and project closure. The five stages of project management can be read in full in the following Tomps article.

Importance of Project Development Management

With project development management, the ongoing development project is expected to be more efficient. Project management helps formulate clear goals in a development project. When the objectives to be achieved are clear, the relevant stakeholders will more easily understand what the project is trying to achieve. More open and clear transparency and communication can minimize differences in perception and increase trust.

Furthermore, project management also helps identify, assess, and manage risk factors that may occur during the development project. This allows risks to be better minimized.

Optimizing the use of resources during project development is also one of the important roles of project management. Efficient use of resources makes the costs incurred more controllable. The planning and scheduling of project management can also ensure that the project runs according to the planned time, so that delays can be avoided.

Project management also allows for better oversight and monitoring. In fact, in this fast-paced digital era, monitoring can be done in real-time. This monitoring makes it easier for project managers to identify potential deviations from the plans that have been made, then be able to take action and decisions more quickly.

When is the Right Time to Use Project Development Management?

Reporting from the journal Analysis of the Application of Time Management in the Lubuk Ulak Suspension Bridge Construction Project with the CPM Method written by Hidayat and Ramadhany, the successful completion of a project depends on planning, scheduling, and controlling how a project is managed effectively and efficiently. 

Inefficient project management can lead to delayed project time to inflated costs. This is why time management is one of the important things in project development management. Then, when is the right time to start using project development management?

Project development management needs to be carried out in development in various sectors. For example, in infrastructure development such as bridges, roads, and other public facilities. Development projects that focus on environmental preservation also require project development management. This management is used to ensure that the project can run according to plan while achieving the desired environmental goals.

Educational and health facility construction projects also require good management to ensure the quality of the facilities built. Not only that, development projects in the trade and tourism sectors such as the construction of tourist attractions or public services also require project management in their development to make implementation more efficient.

In short, project development management needs to be done when a project has specific objectives, limited to a certain scope, time, and budget. This management can help ensure the project goes according to plan and achieves the desired results.

Tomps Project, the Best Solution for Every Project Management

The increasingly sophisticated digital era makes project development management more efficient and effective. Technological advances offer a variety of online project management tools and platforms that can be utilized to facilitate planning, managing the resources used, monitoring the progress of ongoing projects, as well as ongoing collaboration.

Now, project development management can be more structured, transparent, and can be tailored to the needs of each project, one of which is the presence of Tomps Project. Project management tools from Tomps based on mobile and web applications provide various conveniences in managing a project. Starting from planning, controlling, to evaluating a project can be done in real-time.

Not only providing integrated services from the entire project management process, Tomps Project can also maximize the performance and efficiency of project management. Project development can also be monitored more easily by all project stakeholders. Learn more about Tomps Project at tomps.id and try the demo to get the ease of project development management from Tomps now!

References:

PECUNICA. What is Project Development Management? https://pecunica.com/knowledge-point/what-is-project-development-management/ 

nibusinessinfo.co.uk. Basic Principles of Project Management. https://www.nibusinessinfo.co.uk/content/basic-principles-project-management 

Sutomo, Y., Anwar, S., dan Firmanto, A. 2016. Analisis Manajemen Pembangunan Proyek Kantor PT. Prima Multi Usaha Indonesia. Jurnal Konstruksi. 5(4): 435-445. 

https://jurnal.ugj.ac.id/index.php/Konstruksi/article/view/3807/1848 

Hidayat, A., dan Ramadhany, C. 2021. Analisa Penerapan Manajemen Waktu pada Proyek Pembangunan Jembatan Gantung Lubuk Ulak dengan Metode CPM. Jurnal Penelitian dan Kajian Teknik Sipil. 7(2): 71-79.

https://jurnal.um-palembang.ac.id/bearing/article/view/4180/2728