Author : Maya Beuzeville.
Published : Thu, Dec 27 2018 :11 AM.
Format : jpg/jpeg.
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.
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.
It is inevitable that all projects will run into some problem statements and major odds that are beyond the controls of a project manager that result in a huge step back of a project. However, that is the most import thing to consider as this problems and step backs will be used to make better projects in the future.
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.