Author : Maya Beuzeville.
Published : Fri, Jan 18 2019 :7 PM.
Format : jpg/jpeg.
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.
Project management is the application of skills, experience, knowledge, methods, and processes to achieve the objectives of a project. It is the body of knowledge regarding projects, i.e., planning, controlling, and reviewing. Project management also involves making sure you complete the project.
A project management is a method of initiating, plan, executing, and the application of knowledge, skills, tools and techniques to achieve specific goals and meet specific success criteria.
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.
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.