Author : Maya Beuzeville.
Published : Mon, Jan 7 2019 :4 AM.
Format : jpg/jpeg.
A real success is not in the completion of the project, but being able to provide a business benefit to the customer from the delivery of the project. After all, a particular project is made to provide benefits and value to the customer.
Time and budget are the biggest constraints of every project. Now, the goal of the project management is to finish and accomplish the project with a stipulated time and budget.
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.
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.
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