Question

Three primery goals of project management process

Answer 1

A project undergoes the stages during its life cycles and they are noted below:

Project Definition - This refers to defining the objectives and the factors to be considered to make the project successful.

Project Initiation - This refers to the resources as well as the planning before the project starts.

Project Planning - Outlines the plan as to how the project should be executed. This is where project management triangle is essential. It looks at the time, cost and scope of the project.

Project Execution - Undertaking work to deliver the outcome of the project.

Project Monitoring & Control - Taking necessary measures, so that the operation of the project runs smoothly.

Project Closure - Acceptance of the deliverables and discontinuing resources that were required to run the project.