Author : Bethany Bold.
Published : Mon, Dec 31 2018 :7 PM.
Format : jpg/jpeg.
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.
While a project manager is a professional who plans and organizes resources and personnel. They must make sure they complete the project on time and within budget. They must also ensure that the project meets the requirements of the business. Project managers exist in all industries and every type of organization. They may be contractors, managers, employees, or independent consultants.
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.
While a project plan is a document that may require Excel charts but is otherwise composed in Microsoft Word. For basic projects, however, you may get away with only a Microsoft Excel document.
Other project management aims to optimize the allocation of significant inputs and apply them to meet predefined value statement of objectives.