Defining The Project And Why Managing It Is So Vital?

What do all these titles have in common? More than 200 million dollars of revenue from rental of the film “Titanic” is breaking all previous records of ticket sales. Landing station on Mars: the first photos. Games Nintendo 64, and Sony Playstation “fighting” for the Christmas market. Concert “will help farmers” collect millions for farm families. «Channel» marks out the five millionth customer.

All these events are the result of project management. Project can be defined as a comprehensive, non-recurring, one-stage event, limited in time, budget, resources and clear guidance to implement, developed under the requirements of the customer. Like most of the arrangements, the main objective of the project is customer satisfaction. In addition to this fundamental similarity, the characteristics of the project is in helping distinguish it from other activities of the organization. First, the projects have a specific purpose, whether it is building a 12-storey residential complex by January 1 or the release of version 2.0 of a special software package as possible in a shorter period of time. Such a single definite purpose often missing in everyday life of an organization where employees every day perform the same operation. Secondly, since there is a clearly defined objective, the projects have a clearly defined completion point, which does not seem to ever serve in traditional occupations. In many cases, employees are moving from one project to another, and not remain to perform the same job. After the construction of desalination plants along the Gulf Coast, the engineer can get a job to build a refinery in Malaysia. Third, unlike most of the organizational work, which is divided on the principle of functional specialization, characteristic to the project to combine and bring together a wide variety of specialists, for example, instead of working in separate offices under the direction of specific managers, project participants, regardless of whether they are engineers, specialists in finance or marketing, or specialists for quality control, working on the implementation of the project under the guidance of project manager.

Fourth, the draft is never the same and always includes some unique elements. And the question is not whether to hold such unique elements, including what will be the degree of uniqueness. Obviously, the realization of what until now has never been done, such as running man on the moon, requires the solution of new problems and the emergence of entirely new technologies. On the other hand, even the basic construction projects, which is used to perform the well-known and proven methods and techniques requires a greater or lesser degree of fitting to suit, which also makes them projects unique. And finally, the projects are associated with time constraints, costs and special requirements for execution of works. Projects are judged by what was done, how much it cost and how much time was spent on it.

Current world is based on business. For some people it is the way of making money, for others – it’s a job to make living, and for some of them – this is a style of their life. In any case business is an activity which has to be managed. Professional project managers are those experts who help business owners to conduct their activities. Project managers who are trying to become real experts, no doubt might be interested in PMP Training. Of course, passing PMP exam is not that easy task but if you are serious about that you can take advantage of PMP Simulation. All this, together with Internet technologies being the great source of information, will assist you to prepare and successfully pass the PMP Certification.

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  2. Titanic Controls, Inc. is a wholesale distributor of industrial and HVAC controls as well as other components. Founded in 1982, we have over 30 years of experience helping our customers find needed parts.

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