Project management is a discipline of certain activities to manage a temporary endeavour (project) to achieve specific goals.
These certain activities are initiating, planning, executing, controlling and meet the deliverables.
Project management is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements. A project is temporary in a specified timeframe, and therefore defined scope and resources.
The primary challenge is to meet all of the project goals within the given constraints. This information is usually described in a project plan. This project plan contains a scope, a time line, quality and budget. The challenge for the project team members and project leader is to optimize the allocation of necessary inputs and integrate them to meet pre-defined objectives.
Project-based work has many advantages for an organization such as deploying specialized staff and temporary hiring of personnel. Both the functional and operational management of employees are experienced as disadvantageous as is the continuous adaptation to the environment.
What are the most known and used project management tools and methods? What are their success stories and practical tips when you apply these? These posts are all about great tools and methods that can help you to achieve your goal or understand certain aspects that come with project management.
Burndown chart is a simple graph that allow the progress of projects to be monitored. Burndown charts consist of different parts that are very useful for both the project manager and the project members.
This article explains Critical Chain Project Management (CCPM), developed by Eliyahu Goldratt in a practical way. After reading it, you will understand the basics of this powerful project management tool….