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Project Cost Management is extremely important because all companies have strict and fixed budgets that get allocated to various activities. You as a project manager always have to work based on the budgets set by your superiors and don't have the freedom to spend as much as you want. So, project cost management is extremely important. Unless you manage what you are spending, you can by no means keep your expenditure within the limits and budgets.
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∙ 12y ago
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What are the main processes in project quality management?
The main processes in Project Quality Management are: quality planning and assurance, quality control and quality improvement
What is the main way in which the develop project charter process and the develop project management plan process are linked?
The project charter is a key input to the develop project management plan
What are the main goals of time management?
the main goal is to help prevent or reduce stress
Who provide Risk Management?
Risk Management is usually provided by the Project Manager. Managing risks, the project team, and the stakeholders are one of the main responsibilities of the Project Manager.
What are the three types of components to the project management plan?
The project management plan process covers all activities that identify and direct the actions of many other processes in the planning process group. Developing the project management plan includes coordinating the development of the subsidiary plans and incorporating them into the complete project plan. The main purpose of the project management plan is to define how the project is to progress from its beginning to completion. In short, the project management plan provides the high-level game plan for how the project moves through its lifecycle. PMI defines many potential subsidiary plans that make up the overall project management plan. These subsidiary plans provide the specific details for managing each aspect of the project from initiation through closure. The subsidiary project management plans could include • Project scope management plan • Requirements management plan • Schedule management plan • Cost management plan • Quality management plan • Process improvement plan • Human resource plan • Communication management plan • Risk management plan • Procurement management plan
What are the main processes in project quality management?
The main processes in Project Quality Management are: quality planning and assurance, quality control and quality improvement
Players in a project management?
The main players in any project are:- The Project Manager- The project team- The stakeholders: including upper management, the client, and other parties interested in the project.
Benefits of project management?
The main benefit of Project Management is that it seeks to meet or exceed the stakeholders expectations of a certain project. Usually the result is indeed a better project.
What is the main way in which the development project charter process and the develop project management plan process are linked?
The project charter is a key input to the develop project management plan
What is the main way in which the develop project charter process and the develop project management plan process are linked?
The project charter is a key input to the develop project management plan
What is the main way in which develop project charter process and the develop project management plan process are linked?
The project charter is a key input to the develop project management plan
What are the main goals of time management?
the main goal is to help prevent or reduce stress
Who provide Risk Management?
Risk Management is usually provided by the Project Manager. Managing risks, the project team, and the stakeholders are one of the main responsibilities of the Project Manager.
What are the three types of components to the project management plan?
The project management plan process covers all activities that identify and direct the actions of many other processes in the planning process group. Developing the project management plan includes coordinating the development of the subsidiary plans and incorporating them into the complete project plan. The main purpose of the project management plan is to define how the project is to progress from its beginning to completion. In short, the project management plan provides the high-level game plan for how the project moves through its lifecycle. PMI defines many potential subsidiary plans that make up the overall project management plan. These subsidiary plans provide the specific details for managing each aspect of the project from initiation through closure. The subsidiary project management plans could include • Project scope management plan • Requirements management plan • Schedule management plan • Cost management plan • Quality management plan • Process improvement plan • Human resource plan • Communication management plan • Risk management plan • Procurement management plan
What are the three main objectives of project management?
Project management objectives are the successful development of the projects. The important factors are initiation, planning, execution, regulation. Budget planning and maintenance are also the important factors of project manager. Following are the objectives of project management. Implementation and development of project management. Planning and Design, Construction and Execution, The development and execution of all the above phases ensures the success of a project. Communication:- A good communication is major important. On one hand, information needs to be articulated in a clear, unambiguous and complete way, so everything is comprehended fully by everyone and on the other hand. Completion of project in given time:- Completion of project with high quality work and with given budget is also an important factor in project management.
Project on communication?
I assume you mean communication in Project Management, which is 90% of the Project Manager's work, and it is main reason behind the failure of projects if not done right.
What is the main objectives of any project?
Scope Performance Cost Time
