Author : Evie Hotchin.
Published : Sun, Jan 6 2019 :3 PM.
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 main function of a project management is to achieve all the smart goals of the project within the given restrictions.
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.
Other project management aims to optimize the allocation of significant inputs and apply them to meet predefined value statement of objectives.
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.