What is a project, Project Management

Assignment Help:

Q. What is a project?

The term project appears to be a buzzword that means a lot of different things to different people. Anything for instance from a secretary's "project" to clean out an old filing cabinet to an engineer's "project" to create a multi-million dollar facility. Even these boundaries have one thing in common that is the application of work or effort to create a new situation or product, where "product" is used in its broadest sense. Therefore a project is able to be any undertaking with a definite starting point and one or more defined objectives the completion of which spell out the end of the project. It must be added that for one reason or another most projects are restricted by limits imposed on resources (equipment, effort and materials) time and money.


Related Discussions:- What is a project

Produce a strategy development report, Each group is to produce a strategy ...

Each group is to produce a strategy development report on the Red Ocean strategy they will submit in the Blue Ocean Strategy Simulation Game Red Round, first year. Each group will

Evaluating initial architecture, o Are the goals and philosophy of the arch...

o Are the goals and philosophy of the architecture explained? o Are assumptions and dependencies influencing the architecture identified? o Are architecturally significant re

Grand wines, Case study – Grand Wines You are an employee of Grand Wines Lt...

Case study – Grand Wines You are an employee of Grand Wines Ltd and project leader of a proposed project to equip each of the company’s 20 sales representatives with a wireless dat

Different stages in the negotiation process, In the face of rising costs, t...

In the face of rising costs, the senior management in PT Company has decided that significant cuts will be needed in the budgets of some of its departments. The promotional budget

Explain feasibility analysis and product development process, Q. Explain Fe...

Q. Explain Feasibility Analysis and Product development process? Once the product concepts have been  formed, the feasibility studies are conducted. This study involves the fol

Modification of supply - aggregate planning, Modification of Supply - Aggre...

Modification of Supply - Aggregate Planning Some of the methods by which we can modify the supply to match the demand are: a.Hiring and Lay off of Employees: As this poli

Llean management, Arvin Automotive, a company that makes muffler assemblies...

Arvin Automotive, a company that makes muffler assemblies for the Big Three, is committed to the use of Kanban to pull material through its manufacturing cells. Arvin has designed

Project management requires three important activities, Question (a) Pr...

Question (a) Project Management requires three important activities, namely planning, estimation and scheduling. Discuss the differences between them. (b) Scheduling of proj

Organization of material management, Organization of Material Management: ...

Organization of Material Management: To  facilitate  planning direction  control and co ordination of  various activities  related to material in an  enterprise  thee should

Case let, Do you think Acorn’s solution was good? Why or why not?

Do you think Acorn’s solution was good? Why or why not?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd