Author : Evie Hotchin.
Published : Sun, Dec 30 2018 :11 PM.
Format : jpg/jpeg.
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.
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.
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.
A real success is not in the completion of the project, but being able to provide a business benefit to the customer from the delivery of the project. After all, a particular project is made to provide benefits and value to the customer.