A project ig a temporery endeavor undertaken to crece a prodvey Service ov result whith has a defimte start and end 7 Any projec is nod jest a W487 +o make oF do Somethiny b+ as an o¢portve), to achieve Some degned TESuIt by implementing a systematic managemend agproxh(en prodveing & product) Th 1s an attempt fo implement desired charge +0 on environmen? im @& Controlled and planned way - eetertics The Construction of @ building or bridge, the teliet eLfort after bonkruptcy dhe development of Suftware for an impottant business process aii Ahest"examples of Projects Project tranagemert provides the hecessary fool Ond tequired Steps to accomplish the task. For pryect management to be Successful i ~ hove a Cleat obecdive have a defined site Span, involve the DeE*sery deparrmenis ov peaple who can help achieve the goal, end Frew athe time cost and performance required Provect nt & certain Prodvct is mee for a in Pro y : Y SErvice of Resut ae Product ahet 15 A product i$ Sormething produces, is guantfable, and con be ever an erd vem in itself ov a “component item it Can also be defined ag anything that con be otfered to a market to ale a problem,oy to Satisfy a want or need. em Soflwate, Building, Monvtactuting Process, Some projects involve modifying Something thet already exists ens A prolect team may mafify on enisting building T4 is wmportand to note that a producd an only be developed within Phe Contents of o prgect and multiple Prsjects Can ocir Within a products life cycle AprodvcA can never be considercg Complete since the user ig alwa evolving mth different Meds thevefore imotder bo kemp sadist, ” ys Consumer tne prodvel Sha-IS bE YP to date and alto the bynr provide a better produced thon their compedtitors Provide St sl Scanned with CamScanner' Tnorder for + or usiness £. i yi bene he business to Pwovide a better pemde prod oy the ben * needs do Enaw abovt the product of there Competitors even ore Wy 40 4 release, seb sinesses use inside sovrces to get there information in ode, 4 e¥ 40 provide G better product. 59,4 product 15 anything dha can be offered 40 % morleet +o SOnSCY yon Users Wont de need. ex: A Telecommmuni cation company ewtlaunched Fiber to the home, Providing Fiber optic connection with an Enhanced bandwidth , highly increased quality , no brealeup Fiber Opts Cable interned i$ Somuch beter then plain old Coble iwternes. So this Telecommunication company can nse above sll their Competitoye becavse of this Fiber connection with many advantasa tech a4 speed, Renabilty, mothrotling ef ¢ Service wer iee “ utomer A serve 15 intangible, Services inelvde shoms & ch as custome: Service, claims serene, utility Senile, avdids Progcomps and amployee asistonre Inore that provide an actvity or the performance Service businesse® are erpase. This task 1 directed to helo of a task with a Commercial @ a business or on individval om subjects such as consultiny, accan ting trons portetion, Cle oning, hospitality, draveliny or Maintenance ote These businesses are now delivered nat vst physically bet also through virtval platforms Vike web-based “systems ov mobile ape’. ex: A company which is a digital media agency with a few yeors im business. 14's busness model 13 to Prove conien+ des-design and digital may keting campaign advice to i's cheng throug h orine meetings. the comeony doesed | Eni sy rhysicalty in terms office space,insteod i's employees all work from home end tins agency provides or online platform where Cltemk can establish a coptsct with a business reptesentatne within secon, Abvegh hve chet,video conferente oy e- marl. “ This porheler Company made hye protitt fram the vay they've Performed their $erVills ep wetsrry Scanned with CamScannerResults Resolts The essence of Ary project Which 45 ongoing 15 Usvally finengial However tn terms Of information provided from the project management team, re suns “Se whet maliegs and whet need to happen for the ptoyect to ork. Ress basically verter te any partscvlar ovtpvds Or Nd Point Thad Coma Crettnmenbentine OS a vert of completion of the activities that nave been performed at port of the Project, enr A pothecler Com pany Lormulates an Information Seeurity Policy becovse of the threats faced by that Pobesd ar Company as it wos mentioned ) ecto hove ; ” 4he ear liey ehiengle under Prodvct , mony componyes Spies imordey tg get the inside information betore +ne release of 8 porttectey Prodvct or ervice There Love ‘Noyder +o protect the information many Com pores PH together an Infomation Security policy , 446 a dratled docemer*, oy Tall the draft is prepared then ati er many distvesioms the version willbe released Thogh there as he physical O4+O+ there 1s an outcome Fherotere this is oles 4 reset. This Porticcloy Company CaM vse this Oetcome F,, the implement edion of dhe policy, Scanned with CamScanner> Project Management 15 the art of planning, controlling ond exerting ce puject in away that EMSS Suewse svcleseel delvery of the B desired ovr come . Store A\So involves importiont featuies like: sTdeottyiny Requiement * Addressing the Various heeds, Concerms and expectatronms of the Staleholdew im planning and exections of the prgecd. * Communicahons ameng the stake holders. + Managin °F State hotles fouards meeting project tegurements and Creating Provecd deliverables 9 Pre 4 Therefore imorder 4o suhsty the above mentored statement, the idea) PE Project monager or managers Ghovld be appointed eg: in @ revel area Tf a road 14 +o be Consitveted , T+ should be constrreted ln @ manner where It 4S not going throgh the jengle distertoing tre animals, go with consicleraton be this) the COMS +HUction Samnot be terminated becaute the people will be Affected The project manager with hi team should be able able te Come vp with @ Solvtion +o eliminate both ake risks by using ob another path which does not go throwgh the jungle and accessible to the animals, Pro,ect manager faces fixed stort and end date, its erveial to deitver on time, budget ond quality. Bony responsible for dehvery Status vedates, Problems resolution, budget resoiice estimation , oem allocaHom em Rist management ond also mou ° ‘engortantly managing the Scope Scanned with CamScanner 29: A patheular Erojecd manger 15 managing éhe berlin g CongtveHon, q natal disagte: such os Flood has occured they the provect manager shovid take the necessary steps to od'yust ard Carryout the prevect forward. The Pigect manoser breaks doun strategic plans Into tack -orventeg imtlatives managed wy the project management beam. Reorest Cootiwnts faced by P. ect Mana get Fixed cost- ewhen a customer asks for a Sived price quote before agreeing bo projech commencement brv+t 1s flexible on uhat 1s detvered and how long i+ Fours s Work in absolute customer priortty. eo, Tf Customer wonts to complet the preject on a special /specitse doy Hem Which 1s before the expected project completion day Ahern Comttevehewmintente ine Project manage’ needs to adjust the werkeing schedvle and also +he other stufs with reyords +. 1. Fixed Time- eWrere a customer as! in Scope and Cost 2 Enforce spent d uF Wreaking 12 month preject 3 mom Serinis, wequiting required outcome 3 month Spends, us for detvery by a cerdan date bt is Slenile wration delivering +he Fined Cost ond scope - ewhere customer asts for @ Fixed price Prote for 9 fiwed set of deliverable In this srvetion, the fino) date for delivery is flex ble Eived Time and scope ~ ewhere the Cestomer asks for @ fixed sed of delnerabler | a bined time. The cost te dhe Customer is flenibte. 7 Fixed Tiwe, cost and Scope- +Customer gives no Fflembility mm the PIQeed, Scanned with CamScannerAs mertoned eaylier the project manager Shovid be a geod | mg with Peogle are Seyimgortant, | TL there robin Communication relatronship 1s good they may be Abbe consitent\y wee Cork with any misunderstanding s If the Pesple in the Project imetuding the Project Manager veo very. difFfiev It te handle ahe sitvation. Communicatef becase communicati Communication 1s bog omons the eg> Tra project ie something the Constection ghe WHS the polett man Project man ager aut Ave problem, rong witha jberrs brovgh+ in deportiment+ head should communicate ager dhen understanding the srvatwn the should Communicate with the suppliers to sory Aheretere Communication is very important The pavtevloy preject Menagor on the se bert to which prject Qeod Comm unicetoy can hove a modeyate ener ledge relates butte must be a Scanned with CamScanner