Author : Sarah Dunlea.
Published : Tue, Jan 15 2019 :10 PM.
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.
The main function of a project management is to achieve all the smart goals of the project within the given restrictions.
Other project management aims to optimize the allocation of significant inputs and apply them to meet predefined value statement of objectives.
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.