Project management is the discipline of using established principles, procedures and policies to successfully manage a project from conception to completion.
Usually abbreviated as PM (Project Management), project management requires the application of those principles and procedures, as well as tools and technologies to ensure that a project can be completed in a way that meets all articulated outcomes, from spending limits to the goals of the final goal.
The project management plan is expected to effectively and efficiently guide all aspects of a project from start to finish, with the ideal objective of delivering the outcome on time and within budget. Their plan, often starts with a project charter (project charter) and is expected to identify potential challenges in advance.
Risk management is vital to anticipate and manage any obstacles or surprises that arise to keep the project on schedule. Project management commonly involves monitoring teams from multiple functional areas within an organization, as well as monitoring teams and workers from multiple organizations who are expected to work together for part or the entire duration of the project to achieve the common goal. Project managers must therefore be able to communicate effectively across many disciplines and inspire unity of action among many workers in order to deliver a project successfully.
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