A project is a series of related tasks focused on
a major output. Companies
form ‘Project Organization’ to ensure that programs (projects)
receive the proper management and attention.
The management of projects includes 3 phases:
1. Planning: The planning phase includes defining the project, goal setting, and team
organization.
2. Scheduling: In the scheduling phase, the project managers determine and specify
people, money, and supplies to specific activities and connect activities to
each other.
3. Controlling: In the controlling phase, the project managers monitor and correct the deviations
from the planned performance of resources, costs, quality, and budgets.
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