Author : Bethany Bold.
Published : Tue, Jan 15 2019 :11 PM.
Format : jpg/jpeg.
A project management is divided into 5 phases, including: 1. Project conception and initiation; Phase 2. Project definition and planning; Phase 3. Project launch or execution; Phase 4. Project performance and control; Phase 5. Project close.
Project management, therefore, is the application of techniques, tools, skills, and knowledge to make sure all project requirements are met. Until the middle of the last century, project management was an informal activity.
Project management is the application of skills, experience, knowledge, methods, and processes to achieve the objectives of a project. It is the body of knowledge regarding projects, i.e., planning, controlling, and reviewing. Project management also involves making sure you complete the project.
The project management also helps and guides the project manager and the project team to make better decisions that are crucial in the development plan of a project. It also manages and controls the resources and the restrictions of every project that may have a huge impact statement on the project.
Other project management aims to optimize the allocation of significant inputs and apply them to meet predefined value statement of objectives.