Welcome to our ‘Project Management’ category, where we explore the dynamic realm of effective project planning, execution, and completion. Whether you’re an experienced project manager or a newcomer eager to learn, this space is your go-to resource for insights, tips, and the latest trends in project management.
Project monitoring and evaluation performs several functions, such as tracking, observing, and evaluating a project’s progress and performance according to the predefined objectives, timelines, and budgetary limitations set by the management.
Cost of Project estimation is one of the most important steps in project management. A cost estimate establishes the baseline of the project cost at various stages of project development.
There are several roles and responsibilities of project manager as he is responsible for the successful initiation, planning, design, execution, monitoring, controlling, and closure of a project.
Project scheduling is defined as the process of determining when project activities will take place depending on defined durations and precedent activities. Schedule constraints specify when an activity should start or end, based on predecessors, duration, external predecessor relationships, target dates, resource availability, or other time constraints.
Leasing is a contract in which the owner of an asset (the lessor) grants exclusive rights to another person (the lessee) to use the asset for an agreed-upon period, in exchange for the payment of rent, referred to as lease rental.
The project management life cycle is a collection of generally sequential project phases. The determination of the number of project phases is based on the control requirements of the project organization.