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| An Introduction to Project Management pdf |
Management: Management is the technique of understanding the problems, needs and controlling the use of Resources, Cost, Time, Scope and Quality.
Project Management: Application of knowledge, skills, tools & techniques to project activities in order to meet stakeholder needs & expectations from a project.
Why do companies use PM?
- To handle projects effectively in an organization.
- To define the project and agree with the customer
- To plan and assess resource needs for the project
- To estimate project cost and make proposals
- To plan & schedule activities in a project.
- To allocate the right resource at the right time.
- To assess risk and failure points and make backup plans.
- To lead a project team effectively and communicate well
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Why do people learn PM?
- To explore the latest concepts and techniques of project management.
- To increase value/contribution to the organization.
- To prove yourself skillful in managing projects.
- To learn a new thought process that helps organized thinking and structured approach.
- To acquire a professional degree/ recognition and increase job prospects.
- Endless possibilities and benefits
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