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

Factors affecting process planning - processing method, Processing Method ...

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

Project management cycle, It is essential that you study the list below to ...

It is essential that you study the list below to ensure that you understand the terminology used in assignment and examination questions. The successful outcome of your assessment

Explains the product life cycle, Question: You have been appointed as c...

Question: You have been appointed as consultant to advise a small company of your choice about its product portfolio. Write a report which: a) explains the product life cycl

Communication-coordination beneficial in project management, How are commun...

How are communication and coordination beneficial in project management software? Communication and coordination: Project software can give automatic report templates al

Risk matrix terminology , Risk Matrix Terminology  It is a term where t...

Risk Matrix Terminology  It is a term where table used in risk analysis in which rows show the risks and columns show their likelihood (probability) of occurrence and their imp

Key performance indicators of success of business or project, K e y perfo...

K e y performance indicators The key to success of a business is dependant on superior management information. Consequently while monitoring profitability and cash flows, a b

Inventory and stores control, 1. Inventory  and Stores Control : Inventor...

1. Inventory  and Stores Control : Inventory  control is  a systematic procedure  for  ensuring  the  availability  of items necessary to meet the  production  requirements  at o

Steps to create run chart, The steps to create a run chart are: 1.   Id...

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

Brand, contents for introduce a new brand.

contents for introduce a new brand.

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