Author : Imogen Kneebone.
Published : Thu, Dec 27 2018 :2 AM.
Format : jpg/jpeg.
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.
Other project management aims to optimize the allocation of significant inputs and apply them to meet predefined value statement of objectives.
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.
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.