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Project management Process
According to PMBoK, project management is the application of knowledge, skills, tools and techniques to project activities in order to meet or exceed stakeholder needs and expectations from a project.
Let us now discuss the process of Project Management.
Project management is a professional discipline with specific tools and skills. It is important for people in an organisation to understand and implement a common project management principle.
A formal project management system has to be recognised and established by senior management. Project management requires special concepts, skills and tools this has to be clearly understood by the senior executives.
Q. What value does project management add? This is extremely difficult to answer in traditional accounting terms for the reason that the real value is in the quality of the end
The steps to create a run chart are: 1. Identify the process to be observed: Ensure that the process involves some kind of repeatable activity in which results remain consis
mention steps of project management
What limitations should be considered in the beginning of a project? limitations of project: The central question into the follow-up phase concerns while and where the pro
1. Some of the tasks in this project can be done in parallel. Prepare a diagram showing the required networks of tasks and define the ciritical path. What is the length of the proj
The banking sector provides a wide range of products and services to Retail and Business customers. Before making any product available to the customers, banks have to carry out ma
Task As the project manager you are required to present an initial project report to the project sponsor that shows how you propose to implement this project. As the project manag
Weightings of performance against the success criteria In any discussion on success, it is necessary that a distinction is made amid project success and the success of the proj
Characteristics of Process Planning Since a process is required to manufacture a product it is necessary to plan the process. Process planning comes after it has
Processing Method The process by which product is made has a direct impact on the process planning because variation of the process will vary the type of machine tool, eq
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