Wednesday 14 November 2012

Project Management : What it is Actually?

The intention of this article to get an understanding about project management and to provide a brief idea of the methods that establishes most conventionally operated projects. Most of the organizations do not hire full time project manager and it is normal to gather a team to address a particular requirement. Many people are not skilled formally in project methods, participating in a project team can be a good learning opportunity and can improve a career profile of a person.

What is the meaning of a Project?
A project is a one-time and temporary exercise that differs in duration. It is carried out to address a particular requirement in a firm or an organization, which may be to design a product or service or to modify a business procedure. This is how a firm normally works to produce their products or services permanently. For instance the work of a firm or an organization may be to make trucks, so the work is believed to be functional as the organization makes the similar products everytime and people carry out their roles on a temporary basis.

Project management, what it is?
A project is normally started by an anticipated need in an organization. Project management will have a beginning and an end, limitations of budgets, resources and time and includes a purpose built team. These teams include various team members, for instance, customers, IT representatives, business analyst, sponsor, trainers, project leader and other members.

The discipline of managing all the various resources and factors of the project in such a way that resources will deliver the entire outcome that is needed to accomplish the project within described scope, time and cost restrictions is project management. All these things are agreed upon during the stage of project initiation and by the time the project starts all members will have a good understanding and acknowledgement of the process, methods and expected results. An ideal project manager uses an established process that can be used as the project’s blue print, and this is accomplished by hiring a methodology of project management.

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Source : http://jamesit.blogspot.com/2012/11/project-management-what-it-is-actually.html

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