Project Management

Research Activity

1. Explain the project management
It is about the knowing of the goals, how to achieve them, and what are the resources that we need. The goals is to ensure that everyone are involved in a project and are aware of the purpose of the project.

2. Identify the key stages of project management

Initiation - implementing ideas and identifying the needs of the project, and it is where the research begin

Planning - setting up goals, outline the objectives of the project. 

Execution - the deliverable of the project is then develop and completed

Monitoring and evaluation - making sure that the project is meeting up with the project management plan

Closure - includes the important tasks to be check

3. Identify the advantages and the importance of implementing project management
Advantages:

1. Improve the chances to achieve the desired result
2. Set the schedule and budget accurately from the start
3. Improve productivity and quality of work

Importance: 

• Defines a plan and organizes chaos

Project can be a chaos and by organizing and planning the project will then can solve this chaos. Planning from the beginning to the end of the project can make sure the outcome will meet the goals of the project. 

• Establishes a schedule and plan

A schedule is one of the key to a successful project, because without a schedule the project will not be done on time. 

• Enforces and encourages teamwork

A project can bring people together in order to share ideas and also to provide inspiration. Collaboration can be the effective key in planning and management a project. 

References:

Paymo. (2019). What Is Project Management? Definition and Importance · Paymo Academy. [online] Available at: https://www.paymoapp.com/academy/what-is-project-management/ [Accessed 10 Apr. 2019].

Piston And Fusion. (2017). 5 KEY PHASES OF PROJECT MANAGEMENT. [online] Available at: http://www.pistonandfusion.org/blog/5-key-phases-of-project-management/ [Accessed 10 Apr. 2019].

nibusinessinfo.co.uk. (2012). Advantages of project management. [online] Available at: https://www.nibusinessinfo.co.uk/content/advantages-project-management [Accessed 12 Apr. 2019].

2020 Project Management. (2019). 10 Reasons why Project Management matters. [online] Available at: https://2020projectmanagement.com/resources/general-interest-and-miscellaneous/10-reasons-why-project-management-matters [Accessed 12 Apr. 2019].