Author : Amber Spence.
Published : Fri, Jan 4 2019 :6 AM.
Format : jpg/jpeg.
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.
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.
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.
Other project management aims to optimize the allocation of significant inputs and apply them to meet predefined value statement of objectives.
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.