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Project Management
Project Management
Project Management
so
so that
that Sepaõate but nteoconnec ted un1ts can be
maraged Simultaneously by diftesent team membcos
eoding to bettes poõductiuity and cosieg pooject marogemend
ovCoaf
-Follouwing ae teu Deasons to6 ceating a WBS in
pooiect
T tcoeates an accuTate and geadable pooject oqani20ton
l t coeates accuaate assiqnment of aes pongibillties to
the project team
Tt clealy laus down the pooject milestones and contaol
points
t helps the pooject Leam to estimate the cost,time &sisk
L deoly illustaates the poject scope so the stoke
holdes can hove a bettea undesstanoing d the same
eOus Taiple onstaalnt
in
J t is a
model othe Constraints inhenent
Oue in
Danaqinqa p0oiectlhese Cgnstaaints ane throeetol
Cost
Tt is ainancial Constaaint of a pooject also knoun
as the pooject budqet
Scope
tis the tasks equised to fulf the paaject's qoals
6ime
t is he schedule foa the mojeet to acath completion
he aiple Constoaint states that the success d the
pooiect is impacted by its cost, scope and time
Hs a manag e the pooiect, you can toade betweer
these thTee constaaints
Houweve, uhile changin one of the thoee onstaaints,
the other tuo miabht suffer to 30me extet which
shauld qive uou an idea o how impo00tant the Toiple
Constaain i5 hen man a9in9 POoject
- uou 0De mana qinq a pooject tlhen you ane uwoakins
with aple onstoaint too lheuetoue, it can
be cosily
adqued that, the Toiple (onstoaint becomes a vital
Conceptin Fooject lonaqement
-
4 Optimization ofthe
he success d the
allocatcd esOugces
TCSOurgcCes
utilization d al the psoj@ct alsa
depends
sesousces. his 1s a
an he
an heopt
opt imum
imu
ofPsaject manaqementhe e
najot dbjective dbjecu
utilization o the heidentiication
Tesouices qie to be done
ad prope
propex
to oals
achieve
5Completion o psoject as pea the client's
objectives
This maht mean
exclusive eco
ard