Author : Sarah Dunlea.
Published : Thu, Dec 27 2018 :5 AM.
Format : jpg/jpeg.
Put simply, it is the profession of planning, organizing, and managing many things, including people and projects. A project has a specific beginning and end. In other words, it is temporary. It also has specific scope and resources. A project is also unique in that it is not a routine business operation. The project has a unique set of operations that aim to accomplish one goal.
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 purpose of a project management are as follows: Define project goals and objectives; Set guidelines and rules to be followed; Coordinate and control the many, complex activities of projects; Foresee or predict as many risk and problems that are imminent; Develop an action plan, organize, and control activities that are crucial in the completion of a project; Outline steps and quality plans to achieve the project goals; Determining the budget and time required for each of the daily plans, as well as the project as a whole; Provide a successful project despite the risk and problems.
The main function of a project management is to achieve all the smart goals of the project within the given restrictions.
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.