define project management

Expert Solution

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.

Rahul Sunny answered 1 year ago

define group risks in project management with an example

ASSIGNMENT: The purpose of a quality management plan is to define overall project quality guidelines that...

ASSIGNMENT: The purpose of a quality management plan is to define overall project quality guidelines that will be applied to the project. Using your selected RFP or Desktop Lab Project - in a written assignment, develop a quality management plan for your project. This plan should contain information about: How you will control changes to the project? How you will ensure that the information technology you selected meets requirements? How you will ensure that the technology works properly? How you...

Define and thoroughly discuss the Learning Curve Theory and how it applies to project management. Explain...

Define and thoroughly discuss the Learning Curve Theory and how it applies to project management. Explain how you would apply the principles of the Learning Curve Theory to a real project in which you are familiar (as a project manager, team member, or one that you have read about in current events).

DEFINE CONFLICT MANAGEMENT

define strategy and strategic management

Give an example of a project management standard and an example of a project management metric....

Give an example of a project management standard and an example of a project management metric. Describe how each advances the organization’s project management effectiveness.

Differentiate between R&D project management and conventional project management.

For Project Management... in a project, you setup a whole procedure for risk management. If the...

For Project Management... in a project, you setup a whole procedure for risk management. If the risk does occur in the project what do you do? Please be detailed (you setup your risk control obviously, please add more insight).

a)The profession of project management is growing at a very rapid pace. Project management is now...

a)The profession of project management is growing at a very rapid pace. Project management is now being recognized as a valuable “career path” in many organizations, as well as a way to gain valuable experience within the organization. In your accession, why do think companies use project management? b) Material waste is a topical issue, as there have been many recent publications drawing attention to excessive waste and loss of materials on site. In the past, estimators have been content...

Define financial management. Discuss in detail the scope of financial management.

Question