Author : Bethany Bold.
Published : Fri, Jan 18 2019 :10 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.
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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.
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.
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.