Author : Sara Forsyth.
Published : Mon, Jan 14 2019 :11 AM.
Format : jpg/jpeg.
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.
The project management also helps and guides the project manager and the project team to make better decisions that are crucial in the development plan of a project. It also manages and controls the resources and the restrictions of every project that may have a huge impact statement on the project.
If you want to complete a project on time, you need to manage it well. You also need to make sure you are within budget. Not only must you work to meet deadlines but you also have to make sure that quality does not suffer.
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.
While a project plan is a document that may require Excel charts but is otherwise composed in Microsoft Word. For basic projects, however, you may get away with only a Microsoft Excel document.