Author : Bethany Bold.
Published : Sat, Jan 19 2019 :12 AM.
Format : jpg/jpeg.
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.
Other project management aims to optimize the allocation of significant inputs and apply them to meet predefined value statement of objectives.
A project management is a method of initiating, plan, executing, and the application of knowledge, skills, tools and techniques to achieve specific goals and meet specific success criteria.
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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.