Heliopolis Modern Language School

The American division

The academic year 2023/2024

Student name: Ibrahim Mahmoud Elkerdesy

Instructor: Mr. Emam, M. Ed.
Assignment: Project Management
WHAT IS PROJECT management?
Project management is about getting things done or on time
and within budget, or is one of the principal means by which we
change our world

WHY ARE PROJECTS IMPORTANT?

There are several reasons why projects and project
management can be crucial in helping an organization achieve
its strategic goals
1- Shortened product life cycles. The days when a company
could offer a new product and depend upon
2- Narrow product launch windows. Another time-related
issue concerns the nature of opportunity. Organizations
are aware of the dangers of missing the optimum point at
which to launch a new product and must take a proactive
view toward the timing of product introductions.
3- Increasingly complex and technical products. The world
today is complex. Products are complicated, technically
sophisticated, and difficult to produce efficiently
4- Emergence of global markets. The past decade has seen
the emergence of enormous new markets for almost every
type of product and service.
5- An economic period marked by low inflation. One of the
key indicators of economic health is the fact that inflation
has been kept under control.
Difference between a project and a process?
Project Process
we must recognize at the Process refers to ongoing, day-
outset that to-day activities in which an
projects are distinct from other organization engages while
organizational processes. As a producing goods or services
rule.
Temporary On_ going
Unique Repetitive
Closed after attaining The objective is to sustain
objectives business

PROJECT LIFE CYCLES?

Imagine receiving a term paper assignment in a college class, A
project life cycle refers to the stages in a project’s development.
Life cycles are important because they demonstrate the logic
that governs a project.