Question: Question: Do you agree with the post above? why? Project: The is the best way to improve business and non-business objectives and their achieves. Project

Question: Do you agree with the post above? why?

Project: The is the best way to improve business and non-business objectives and their achieves. Project helps us make desired changes in a set up manner and with decrease probability of failure. According to the Harvard business review, projects differ from another kind of work and process. Meanwhile in the widest sense a project is explained as a special, finite activity that produces and observable and measurable result under certain preset requirements.

If can make good project plan and draft, it can be help us so a lot. It is unique, progressive or endeavor made to produce some kind of a tangible or intangible result.

A Project is a temporary, unique and progressive attempt or endeavor made to produce some kind of a tangible or intangible result (a unique product, service, benefit, competitive advantage, etc.). It usually includes a series of interrelated tasks that are planned for execution over a fixed period of time and within certain requirements and limitations such as cost, quality, performance, others 1

  1. Some example of project:
  • Translating guidelines
  • Sewing recycle products by single mothers
  • Online data analyzing
  • Personal and career coaching, training
  • Launching ecommerce store
  • Home inspector
  • Traver planner
  • Consultant for non-government organization etc
  1. Attributes of Projects: According to the Clements and Gido, a project is an attempt to complete a special objective through a rare set of correspondent task and the effective utilization of resources. Following attributes of projects:

- Projects should be having start, process and ending dates: It has to be had own plan that for standard procedure for launching and manufacturing a new product. If the projects have complete date, every step will be going more satisfy.

- Budget: Its heart of the project. The budget template contains a detailed estimate of all costs that are likely to be incurred before the project is complete. If the project has a large number of costs associated with them, such as labor costs, operating costs and material procurement costs. It is so dynamic document.

-Projects pursue to make instant benefits: Any business as usual looks to steady phased changes over a longer period and is usually repeated on a day to day processing.

- It has to number of steps to complete whereas business as usual, products go through product life cycle: build, use, end of life disposal.

4. Project constraints: are anything that define or dictates that activities of the project group. If we can use this thing on our project, it can be covering a lot of areas. Following three things are Project managements main and big Triangle.

Cost- that represents the budget side of a certain project, or the project financial documents

Scope-which means the projects main scale and goal

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!