Author : Bethany Bold.
Published : Fri, Jan 25 2019 :12 PM.
Format : jpg/jpeg.
A project management is a method of initiating, plan, executing, and the application of knowledge, skills, tools and techniques to achieve specific goals and meet specific success criteria.
The main function of a project management is to achieve all the smart goals of the project within the given restrictions.
Examples of projects may include the construction of a new bridge or building or developing software for an improved business process. A relief effort for a natural disaster, or setting up a strategy to break into a new sales geographic market are also projects.
Think of the last project you had to manage. What documents did you have to create at launch? There would be a project charter and a communication plan, of course. You’d have a broad project plan, a work breakdown structure, and a Gantt chart. You would also have a risk register and a plan to tackle all upcoming issues.
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.