Advantages and disadvantages of home management?

Answer 1

Project management is everything as soon as more than one person is involved in doing something. Every team need a leader or your project will be a disaster.

Imagine if there was no project management when people were building a house. The house would be shaky and the people would not deliver the house within the delays and costs. It's the same thing for any project. You must have some kind of project management to deliver any project, small or big.

So the advantages of project management (assuming it's well done) is that the project will be done according to the requirements, finished on time and within the allowed budget.

I don't see real disadvantages of project management really... but project management tasks must be light and efficient, however it's going to be seen as an overhead to the project.

Answer
Project Management has lots of advantages, including:
- Shorter implementation time
- Improved product quality
- Improved team productivity
- Better documentation

Disadvantages
- None, except when it's a very, very small project then Project Management risks to be an overhead that is not paying.