Project management

 

     What is the project?  A project is a unique endeavor, and usually includes a set of unique deliverables. A temporary pursuit that has a defined beginning and end.

     What is Project management?  The application of knowledge, skills, tools, and techniques to meet the project requirements and achieve the desired outcomes.

     *Project Management is valuable to businesses because it helps ensure that a project delivers the expected outcomes.

==>Time and Budget

      Who is a Project manager?  A person who shepherds projects from start to finish and serves as guides for their team, using their impacable organizational and interpersonal skills every step of the way.

       What does PM do in the organization?

1. Planning And Organizing

2. Managing Tasks

3. Budgeting 

4. Controlling Costs And Other Factors

*Project plan is key to project management

Planning and organizing: Planning and organizing skills help you manage time, tools, and resources to reach a goal

Managing tasks: Task management is the activity of breaking down big projects into manageable smaller tasks and monitoring them throughout their lifecycle.

Budgeting: Budgeting is a process of looking at a business’ estimated incomes (the money that comes into the business from selling products and services) and expenditures (the money that goes out from paying expenses and bills) over a specific period in the future.

Controlling Costs And Other Factors: Cost control is the practice of identifying and reducing business expenses to increase profits, and it starts with the budgeting process.

We will talk more and deeper about project management soon..