that coordinated to achieve a specific objectives in a given time limit. • A project can be known as a temporary attempt undertaken to create a unique product or service.
2 EXAMPLES OF PROJECTS
1) Designing a new Product or
Service. 2) Building a new Road 3) Designing & building a new Vehicle 4) Building a new House
3 What is Project Management
• Project management is the application of
knowledge, skills, tools and techniques to project activities to meet project requirements.
4 Why Project Management is Important ?
• To avoid the over runs of the budgets
constraints. • To avoid exceeding the estimated time duration of project. • To deliver product or service which satisfying the stated customer & project requirement.