Author : Sara Forsyth.
Published : Mon, Jan 28 2019 :8 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.
The main function of a project management is to achieve all the smart goals of the project within the given restrictions.
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.
Other project management aims to optimize the allocation of significant inputs and apply them to meet predefined value statement of objectives.
Think of the last project you had to manage. What documents did you have to create at launch? There would be a project charter and a communication plan, of course. You’d have a broad project plan, a work breakdown structure, and a Gantt chart. You would also have a risk register and a plan to tackle all upcoming issues.