ENG ELC 220 Lecture Notes - Lecture 24: Project Management, Gantt Chart, Critical Path Method
22 Oct 2020
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Chapter 14 managing projects project: a temporary endeavor undertaken to create a unique product, service, or result. Unlike other business activities, a project has a clear starting point and ending point, after which the people and resources dedicated to the project are reassigned. 14. 1 the growing importance of project management project management: the application of knowledge, skills, tools and techniques to project activities to meet project requirements. Industry trends have pushed project management to the forefront. Concept phase concept phase: the first of five phases of a project. Here, project planners develop a broad definition of what the project is and what its scope will be. Once the project has been broadly described, planners identify key resources, budget requirements, and time considerations. (usually accurate to 30% compared to the actual final budget: estimates of personnel needed required completion dates. Project definition phase project definition phase: the second of five phases in a project.
