Exponential expansion of human knowledge, increasing number of demands or global consumption, managing complex projects are societal forces that had contributed to the need for project management. Increase in the demand or the global consumption leads to the need of strong project management due to which it is leading to brainstorming for making the given project possible in a successful manner, this is ultimately leading to increase or expansion of knowledge supported by upcoming technologies which may be earlier have never been thought. Hence this greater education combined with technologies is helping to respond to this global pressure by developing new techniques and thereby improved project management. These societal forces also foster when there are loads of more services and products to be offered which gives the company to strive or adapt more towards new techniques, technologies and projects in given or specified time.
3. Describe the limitations of project management.
-limitation to stick with the project scope: Project Management, is unable to comply to the original scope of project as there might be various changes during every step of the project. This limitation sometimes may lead to over budget and sometimes long time then decided.
-limitation to fully go along the project objectives: sometimes Project Managers are incapable, to make sure that their projects are kept to go along company’s strategy.
-limitation to manage projects with unspecified budget and time: sometimes all projects finish on time and on schedule can have their quality compromised or deliver poor quality.
5. Name and briefly describe the three primary goals of a project.
The three primary goals of the project are as follows:
Performance-It is required performance which is necessary in every project to complete a given or assigned task
Time- Due date/deadline