Answers:

·         Aligns the project with the strategic goals of the organisation
·         Reduces the project cost by effective planning and management of resources
·         Focuses on performance of the workforce by providing them training
·         Increases the project success ratio
·         Ensures that the pre-stated objectives are achieved
·         Improves the coordination among the resources used in a project
·         Reduces risks associated with the project
·         Delivers predictable as well as desired results
·         Aligns the expectations of stakeholders with project performances

·         Reduces the project cycle time