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

How are carrying costs varied with quantity order, How are carrying costs v...

How are carrying costs varied with quantity order? Carrying Costs, that vary along with quantity ordered, contained as a. There Interest on capital investment b. There Co

Goals of an fms, Goals of an FMS The goal of an FMS is to produce a m...

Goals of an FMS The goal of an FMS is to produce a moderate verity of products in moderate. Flexible quantities clearly an F M S is more flexible than conventional high volum

What is organizational culture and its characteristics , Organization's cul...

Organization's culture is the shared perception that organizational members have about its characteristics.As stated earlier, an organization's competitive advantage depends largel

Corporate strategy of a multi-business organisation, Strategy is developed ...

Strategy is developed at different levels in large organisations. The process starts with the corporate strategy which is then translated into the strategy for the business divisio

PERT Network Analysis, Solve the following CPM/PERT Network Analysis proble...

Solve the following CPM/PERT Network Analysis problem: Given the following network and activity time estimates, determine (ES, LS, EF, LF) earliest and latest activity times, slac

Describe the key characteristics of a good project, Question 1: a. How...

Question 1: a. How would you define a project? What are the different types of project that exist? (Please illustrate using a model with examples). b. Enumerate and descri

Illustrate the division of work in economics, Illustrate the division of wo...

Illustrate the division of work in Economics? Division of Work (or Labour): It s a famous principle of Economics, invented through the traditional economist as defined by

Internal factors of syringe management , Internal Factors Strengths ...

Internal Factors Strengths Strengths of the Syringe management plan are to increase people's manner to use the syringe. Secondly it would reduce the injury of needle ar

Processes as production systems, Processes as Production Systems A ...

Processes as Production Systems A production system refers to how an organization   organizes material flow using different process technologies. There are five major types

Contract process cycle , Contract process cycle  Contract process goes ...

Contract process cycle  Contract process goes through the following stages to complete the contract documentation cycle:    Pre tender documentation stage.    Approval

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