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Project management is responsible for planning, executing, and closing projects effectively and efficiently. It involves defining project goals, establishing timelines, allocating resources, and managing budgets while ensuring that all stakeholders are aligned and informed. Additionally, project management encompasses risk assessment and mitigation strategies to address potential challenges throughout the project lifecycle. Ultimately, it aims to deliver projects on time, within scope, and to the desired quality standards.

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1mo ago

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Related Questions

Who would be responsible for creating a project management plan?

The Project Manager is responsible for creating the Project Management Plan for the project.


A Person or group responsible for administering project?

Project administration is done by Project Management


What kind of software is responsible for back office operations such as billing and inventory?

project management


Are project managers responsible for budget requirements?

Yes & No. The Project Manager is responsible for running the project within budget but the overall project budget is allocated by the Senior Management or in some cases the Customer. The project manager works on the budget given to him and then manages the project in a way that he is within budget


What career is project portfolio management?

Some type of career for project portfolio management are: business, economics, accounting, marketing, softwares,bankings etc. They are responsible for managing and evaluating investments.


What is the total number of PMP?

Project Cost Management Project Quality Management Project Human Resource Management Project Communications Management Project Risk Management Project Procurement Management Project Stakeholder Management


What is Residential Project Management?

Roofing project managers are responsible for controlling every stage of roofing installations or repairs to residential and commercial properties.


Can you define management?

To be in charge of something such as a shop, department, or project and be responsible for its smooth running and for any personnel employed


What is the name for a person or group responsible for administrating a project?

The person or group responsible for administering a project is typically called a "project manager" or "project management team." Their role involves planning, executing, and overseeing the project to ensure it meets its goals, stays on budget, and is completed on time. They coordinate resources, manage team members, and communicate with stakeholders throughout the project lifecycle.


What is a project manager?

International Project Management Association is an entity formed in 1965 in Vienna


What is a project management work stream?

Project Management Work Stream involves people who are involved in the management of Projects. They are called Project Managers and their responsibilities include:Planning for a ProjectMonitoring & Controlling the Project ExecutionClosing the Project


Do you have Bank management as a project?

how to implement project in banking management?

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