Question

define project management

Answer 1

Project Management- Project management refers to use of techniques,skill, knowledge, experience, methods and processes to achieve project objectives according to the project to meet its requirements.

Process of project management-

The process of project management has 5 steps-

1.initiating and conception- this is the very step of project planning the idea of this step is to define the project at a broad level,this starts with researching wether the project is feasible or not.

2.PlanningThis is one of the most important step in project planning, the success of a project depends on this step.This step begins with setting goals and objectives Which should be smart and clear.

3.Execution- in this step the deliverables are developed.There are various task during execution like -

Assigning resources. Developing Teams. Procurement of management (If needed). Status meetings. Setring up tracking system etc.

4. Performance Monitoring- this step is about checking the performance of the project and making sure that everything is working according to the set standards and if not then rectifying it .

5.Closure- This is the last step in project planning and it represents that the project is completed and all the workers and contractors hired are terminated at this time.