Project management has emerged as the
leading tool used by most organizations in addressing
real time organizational challenges. In as much as
projects were implemented as far back as ancient days,
yet this concept of project management has undergone
exponential growth that is affecting various disciplines.
The effect ranges from civil or chemical engineering
projects to pure scientific research projects.
(Lock, 2012) Stated that ‘Project management is
the management discipline that plans, organizes and
controls people, money and cash so that projects are
completed successfully in spite of all the risks. Public as
well as private sector institutions have been able to use
project management skills to improve effectiveness in
the working environment. This effectiveness has aided
these institutions in gaining competitive advantage over
Keywords : Organizational Challenges; Competitive Advantage; Organizational Objectives; Organizational Growth; Differentiated Product.