This Guest paper was submitted for publication in July 2020).
It is copyright to Mary Walton, 2020.
Published here October 2020.

Introduction | Project Management and Health Policies
High Stakes and Beneficiaries | Stakeholders and Flexibility
Benefits of Project Management by Planning and Budgeting
Benefits in Processes, Communications and Stakeholder Relations
Best Practices for Healthcare Project Managers | Conclusion

Benefits of Project Management by Planning and Budgeting

Project management is of great benefit to healthcare providers. It helps healthcare organizations operate efficiently in the following ways:

1.  Planning

The major element of project management is planning. Planning is challenging, particularly in hospitals. Every department has its own activities, and each employee has a role and task to complete. For example, before surgery, the operation nurses have to prepare the patient. After this, the anesthesiologist has to anesthetize the patient. So, a new task cannot start when one has not ended.

A thorough and complete project plan helps hospital employees to understand their responsibilities. So, they can know what to do, where they need to be, and when they need to carry out their responsibilities.

2.  Budgeting

Due to technological and medical advancements, the healthcare sector has experienced massive growth. While this has led to the effective and efficient treatment of patients, it also includes higher costs. In order to reduce costs, project managers now control cost by choosing the necessary projects to implement, i.e. projects that add value to the organization. Project management enables the hospital administration to create an accurate budget and also the ability to control these projects. It saves money and also ensures you have funding at the various stages of a project.

Source: [3]
Stakeholders and Flexibility  Stakeholders and Flexibility

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