Author : Bethany Bold.
Published : Thu, Jan 10 2019 :10 PM.
Format : jpg/jpeg.
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.
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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While a project manager is a professional who plans and organizes resources and personnel. They must make sure they complete the project on time and within budget. They must also ensure that the project meets the requirements of the business. Project managers exist in all industries and every type of organization. They may be contractors, managers, employees, or independent consultants.
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.