Author : Evie Hotchin.
Published : Sat, Dec 29 2018 :10 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.
The project management should effectively utilize all the limited resources provided by an organization. Although some projects have all the complete resources, such as skilled people, materials, budget plan, and so on, it is still important that the project management should make the most out of this resources.
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.
The project management is very important in the life of every project, as the only focus of a project management is to bring the project agenda to its success. The main function of a project management is to effectively and efficiently guide all aspects of the project from start to its finish.