Author : Samantha Adey.
Published : Fri, Jan 25 2019 :8 AM.
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.
A project management is divided into 5 phases, including: 1. Project conception and initiation; Phase 2. Project definition and planning; Phase 3. Project launch or execution; Phase 4. Project performance and control; Phase 5. Project close.
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.
The main function of a project management is to achieve all the smart goals of the project within the given restrictions.
Other project management aims to optimize the allocation of significant inputs and apply them to meet predefined value statement of objectives.