In: Operations Management
Answer=The main reasons for managing the projects are as below-
Unclear goals and objectives= This is the main reasons as the project team cannot manage the different activities unless they have clear and well-defined goals and objectives
Budget= The project management is also constrained due to limited project budget that puts a lot of pressure on both the project manager and team members
Communication= Lack of communication also creates issues in project management as stakeholders and clients do not communicate their expectations well.
Answer = The project can be defined as the combination of various activities and tasks that are needed to be completed in order to fulfill the given task.
The project has the following traits=
It has a certain objective
Each project has a certain budget, team and time frame to complete
Project is unique and is temporary in nature
Answer = Every project has some level of uncertainty as each project is subjected to changing environmental forces that can influence it directly or indirectly.
For instance= The project budget can be increased if there is an inflationary situation. The project duration can be increased due to any natural cause
Answer= having the college course for the project management is important as it will enable the person to understand the different elements of the project. Different methods and techniques to manage the project can be learned.