Information Management Strategies for Project Management

Abstract

Each time information is exchanged, accessed, or manipulated, project time is expended and project resources are consumed. Inasmuch as the project management process is both information intensive and information dependent, the effective implementation of information management strategies will undoubtedly contribute toward goals to reduce overall project cost and schedule. An information management strategy may impact personnel requirements, project processes, policies, technologies, or any combination. This paper summarizes benefits commonly attributable to information management applications, and presents three specific information management strategies designed to improve the project management process. The proposed strategies are technology independent, viewing information technology as enabling tools that are continually evolving.