Table of Contents
MGMT727: Project Management
Management is the process of using organizational resources to achieve the organization’s goals through planning, planning, leadership, and control. MGMT727 Handouts pdf
MGMT727 Handouts pdf
Course Category: Management MGMT727 Handouts pdf
This course will increase your ability to start and manage projects effectively. This will also help you to better understand the importance of good project management. After conducting this study you will gain: • A basic knowledge of the nature and significance of projects internationally and locally; • Effective knowledge of the fields and areas of knowledge involved in project management; • Practical knowledge and ability to apply project management strategies required for project identification, planning, management and implementation; • Awareness of best practices in project management. • How to apply project management concepts by working in a team. MGMT727 Handouts pdf
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MGMT727: Project Management
What Is Management?
Management is the art of getting things done by working with people in organized groups. Management is the process of designing and maintaining an environment in which individuals, working together in groups, successfully accomplish the chosen objectives of any project. The art of creating an environment in which people can act as individuals but work together to achieve group goals.
Management as a Process:
In this regard, management is the process of using organizational resources to achieve the organization’s goals through planning, planning, leadership, and control. Therefore, a set of activities aimed at organizational resources with the aim of achieving the organization’s goals in an effective and efficient manner.
Functions of Management:
The management process consists of four basic management functions. These are:
Planning is the process of setting goals for any project and determining what needs to be done to achieve it. It is the main administrative function. Managers at all levels plan. Planning activities determine the purpose of the organization and based on this help it to develop appropriate strategies to achieve them. These strategies guide the organization and work to find similarities between the external environment and the internal forces. Strategies aimed at achieving continuous competitive advantage over competitors
Planning is a process of assigning tasks, allocating resources, and organizing integrated tasks to implement programs. It involves establishing the intended structure of roles for people to fill in organizations.
Leading is the process of motivating and directing the efforts of staff in achieving the project and organizational goals. It involves influencing people to contribute to organizational and group goals. Leadership is primarily concerned with the aspect of human relations. In projects, the most important problems arise from people about their desires, attitudes, and behaviors (as individuals and groups). Thus, successful project managers also need to be effective leaders.
Attributes of a Project:
Projects focus on one goal compared to the plan. They have customers who are affected by the end results. They must be completed within the allotted time (completion date), within the budget (limited resources including, people, funds, and equipment), and must be accompanied by specifications (to a certain level of performance and quality).