Project Management
Q1. Definition of project management Answer:
A project can be considered to any series of activities or task that have a specific objective to be completed within certain period of time , have definite starting and ending dates, have financial limitation, and have lack of some sorts of resources i.e. efficient personnel, equipment and technological support, as well as money.
Project management is the discipline of planning, organizing, and managing resources to bring about the successful completion of specific project goals and objectives
Project management, on the other hand, involves project planning and project monitoring that includes such items as follows:
Successful project management achieve the project’s objectives through completion of the project within specified time, within cost, utilizing the assigned resources effectively and efficiently at desired performance level.
Thus project management is the planning, organizing, directing, and controlling, of company’s resources for a relatively short term objectives that has been relatively establish to complete specific goals and objectives.
Project management is often summarized in a triangle. The three most important factors are time, cost and scope, commonly called the triple constraint. These form the vertices with quality as a central theme. [pic]
1. Projects must be delivered on time. 2. Projects must be within cost. 3. Projects must be within scope. 4. Projects must meet customer quality requirements.
So we can say that The primary challenge of project management is to achieve all of the project goals and objectives while honoring the preconceived project constraints. Typical constraints are scope, time, and budget. The secondary—and more ambitious—challenge is to optimize the allocation and integration of inputs necessary to meet pre-defined objectives.
Q2.
A project can be considered to any series of activities or task that have a specific objective to be completed within certain period of time , have definite starting and ending dates, have financial limitation, and have lack of some sorts of resources i.e. efficient personnel, equipment and technological support, as well as money.
Project management is the discipline of planning, organizing, and managing resources to bring about the successful completion of specific project goals and objectives
Project management, on the other hand, involves project planning and project monitoring that includes such items as follows:
Successful project management achieve the project’s objectives through completion of the project within specified time, within cost, utilizing the assigned resources effectively and efficiently at desired performance level.
Thus project management is the planning, organizing, directing, and controlling, of company’s resources for a relatively short term objectives that has been relatively establish to complete specific goals and objectives.
Project management is often summarized in a triangle. The three most important factors are time, cost and scope, commonly called the triple constraint. These form the vertices with quality as a central theme. [pic]
1. Projects must be delivered on time. 2. Projects must be within cost. 3. Projects must be within scope. 4. Projects must meet customer quality requirements.
So we can say that The primary challenge of project management is to achieve all of the project goals and objectives while honoring the preconceived project constraints. Typical constraints are scope, time, and budget. The secondary—and more ambitious—challenge is to optimize the allocation and integration of inputs necessary to meet pre-defined objectives.
Q2.