Author : Eva Le Messurier.
Published : Fri, Jan 11 2019 :1 PM.
Format : jpg/jpeg.
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.
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 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.
The purpose of a project management are as follows: Define project goals and objectives; Set guidelines and rules to be followed; Coordinate and control the many, complex activities of projects; Foresee or predict as many risk and problems that are imminent; Develop an action plan, organize, and control activities that are crucial in the completion of a project; Outline steps and quality plans to achieve the project goals; Determining the budget and time required for each of the daily plans, as well as the project as a whole; Provide a successful project despite the risk and problems.
Other project management aims to optimize the allocation of significant inputs and apply them to meet predefined value statement of objectives.