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Importance of Project Management
Importance of Project Management
Project : A project is composed of jobs, activities, functions or tasks that are related
one another in some manner, and all of these should be completed in order to complete
the project.
(or)
Project can also be defined as a set of interrelated tasks to be executed in a fixed period and
within certain cost and many other limitations.
Any project has to be completed within a specified time and cost, and other limitations
meeting all the requirements. In Construction field a project may be defined as the planning,
design and construction of a structure meeting all the desired requirements within the
specified limits.
Management is the process of reaching organizational goals by working with and through
people and other organizational resources.
Planning
Controlling Organising
Directing Staffing
According to the functions approach managers perform certain activities to efficiently and
effectively coordinate the work of others. They can be classified as,