Project Performance domains

Project Management Quiz

Project Management

Project management is the application of knowledge, skills, tools, and techniques to project activities to meet specific project requirements. It involves guiding the project work to achieve the intended outcomes effectively

Project management is the process of planning, organizing, and controlling resources to achieve specific goals within a set timeframe and budget. It involves defining the project’s scope, setting objectives, assigning tasks, managing risks, and ensuring that the project is completed successfully. The key elements of project management include initiating the project, planning the work, executing the plan, monitoring progress, and closing the project. It helps in coordinating resources, managing budgets, and ensuring that the project meets the required quality standards

Why Project Management is important

  • It ensures that everyone involved stay informed aligned with the project goals
  • It helps in utilizing resources and time leading to increased output
  • It keeps team motivated by providing clear objectives
  • It adapts to change and new requirements without major challenges
  • It encourages reflecting on past project to improve future performance
  • It ensures human resources and materials are used effectively
  • It improved customer satisfaction by delivering quality results
  • It prepares team to manage uncertainty effectively
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