Project management
Is discipline of planning,
organizing, motivating and controlling resources to achieve specific goals.
A project is a limited period endeavor with a
defined start and end, undertaken to met unique goals & objectives.
The temporary nature of projects stands in
contrast with business as habitually, which are repetitive, permanent or semi endurance functional activities to produce products or services. The management of these 2 systems is frequently quit different and such requires the development of different technical
skills and management strategies.
The primary
challenge of project management is
to achieve all of the project goals and objectives. The primary constrains of
the projects are scope, time, quality and budget. The secondary challenge project management is to optimize the
allocation of necessary inputs and integrate them to meet pre-defined
objectives.
There are approaches to managing project activities including lean, iterative,
incremental, and phase approaches.
- The traditional approach
- PRINCE2
- Prism (project integration sustainable method)
- Critical chain management
- Event chain methodology
- Process based management
- Agile project management
- Lean project management
- Extreme project management
- Benefitsrealisation management
Project management software has a capacity to help plan, organize
and manage resource pool and develop resource approximation. Depend on sophistication of the software, resource containing estimation and planning,
cost control and budget management,
collaboration software, communication, conclusion making, quality management and administration or
documentation system.
Today there are number of PC-based project
management software packages exist, and they are almost every type of business.
Software may range from high end Microsoft project to a simple spreadsheet in
Microsoft excel.
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