1. INTRODUCTION: Project management is the application of knowledge, skills, processes, and experience to achieve the project objectives. A project is a unique attempt, undertaken to achieve planned targets, which could be defined in terms of outputs or benefits. A project is usually viewed to be a success if it achieves the objectives according to their acceptance measures, within an agreed timescale and budget.
Some significant components of project management are:
• Defining why a project is necessary
• Knowing project requirements, specifying quality of the products, estimating resources and planning timescales
• Preparing a budget and managing it
• Securing agreement and funding
• Developing, implementing and Monitoring a management plan for the project
• Encouraging and motivating the project team
• Managing the risks and changes on the project
• Communicating well with stakeholders and the project organization
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VI. Human Resource Management
This area involves HR planning like roles and responsibilities, project organization, and staff management planning. It also involves assigning staff; access and analyze performance of project team members, and overall management of the project team. In this particular project, the project manager is the “Boss” of the project and Human Resource Management is essentially the knowledge area of running the project in relations to the resources assigned to the project. VII. Communications Management
This area focuses on keeping the project’s stakeholders properly informed throughout the entire project. Communication is a mixture of written and verbal, formal and informal but it should be always proactive and in-depth. The project manager must distribute accurate project information in a timely manner to the correct
Project management is the performance based process focus on one o more deliverable. It is the process of identifying a problem or need coming up with possible solution, deciding on the best one and completing the project in a manner that is acceptable to
Project Management is the art of arranging, sorting out, spurring, and controlling resources to attain specific objectives. A project is a brief endeavor intended to deliver a unique product, service, attempted to meet extraordinary objectives and goals, commonly to achieve helpful change or included quality.
Project management is defined by BusinessDictionary.com as, “Approach to management of work within the constraints of time, cost, and performance requirements.” Project management requires careful planning and studying all of the factors involved with in the project. Project Managers must first establish the needs of the stakeholders and provide a project plan which includes the cost and time frame the project will be completed. In addition, projects requirements should be clear and concise to ensure the Project Manager stays within
In his book, Project Management for Dummies (John Wiley & Sons, Inc., 2013) Stanley E. Portny helps others recognize the basics of successful project management. He provides the necessary information to plan and manage projects as well as providing important guidelines to develop and use the information. Project management includes dealing with a variety of people and tips are given to help identify and involve key players. This book navigates the critical tools needed to support project planning, scheduling, budgeting, organizing and controlling.
What is project management? Project management is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements. (PMBOK 2004)
When any organization undertakes a large-scale project, the first and most important component to ensure that the process runs smoothly and effectively is effective project management. Project management not only sets the tone for the overall project, but creates the plan and facilitates effective implementation. From the first meeting to plan the project to the last report written about the experience, project management is integral to project success.
Project management is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.
Although it may be temporary, a project is an exclusive endeavor initiated with a defined start and finish point and a set number of tasks that need to be completed to reach a possible set or unset finishing date. In project management, we carry out a group of tasks with a defined set of skills, capabilities, and philosophy acquired over a set period, while developing a finished product for the projects sponsors and stakeholders. There are a set of fundamental processes involved with project management:
When discussing project management you must understand the concept of what a project is. A project is something that is not currently in the organization, whether it is something new or something that will improve an existing thing. An example would be a new software package that will eliminate the hand inventory process or a software that will help improve the already existing software package of keeping inventory. Now, project management is the person who has the necessary skills to complete that project. Projects can be determined a success or failure on how well the project manager did their job. Let’s discuss a few projects and what was done successful and what could have been done a little better.
Project management can then be defined as the use of certain skills and applications to effectively and efficiently achieve a project goal and improve an entity’s ability to perform in competing markets. (PMI, 2014).
Project management is a technique of shaping all activities connected to a project and its parts. The purpose of a project may range from new product development to a service launch. (About Us, 2017).
The application of information, expertise, tools, and procedures to project activities to meet the project requirements is known as project management (PMBOK 2008). Alternatively, project management is the process in which projects are well-defined, planned, supervised, organized and conveyed such that the agreed features and requirements are fulfilled (APM BOK 2006).
A project is something which makes a change in people’s lives. It is to develop, benefit and implement change. There are many aspects and planning that goes into a project and many things that affect the success of a project, most importantly being the project management and administration. Project management and project administration have several things in common as well a few differences. Some of these differences are constant and some are not.
The key segment of all projects is the Human Resource on the undertaking. Human Resource Management serves the backbone of any project. It is all about allocating the right persons in the right place at the right time and also managing the resources all through the project. The Human Resource Plan is an instrument which helps in the administration of all activities. At any rate it characterizes things, for example, parts and obligations, authoritative outlines, how assets will be gained, time when every asset will be required and any specific preparing prerequisites.
Project management is a series of steps taken in sequence to manage a project through all phases from conception to completion. The steps are documented in a strategic plan. The plan is used to ensure that all parties are working towards a common goal. Project management requires applying knowledge, skills, tools and techniques to specific activities in accordance with established standards and guidelines. There are five basic functions of project management: planning, organizing, staffing, directing, and controlling. Basic activities of project management include: identifying project requirements to define the outcomes; addressing various needs, concerns and expectations of others; setting up, maintaining and carrying out communications; managing others; creating project deliverables; and balancing competing project constraints.