What is project management?
What is Project Management?
Project management is the managing of resources to ensure project outcomes
are achieved and completed within a time frame.
The performance of a project is measured against three goals which form
a project triangle, these are:
At the outset of a project you must determine the principal influence
which will guide the project when hard decisions are required.
Ask yourself 'What will success look like from our 'customers' point
of view?'
Project managing can be defined as the application of knowledge and skills
to project activities in order to achieve the project objectives within
cost, time and quality constraints.
A crucial factor in the Offshore Oil & Gas projects due to the
seasonal nature of the North Sea environment, where there is a weather
window of opportunity for the installation of facilities.
Cost
The critical factor for projects that have fixed budgets.
An over-riding factor for the Nuclear Industry.
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