Stakeholder management is very important when it comes to success of any project in any given organization, this includes giving the right people the right responsibilities in the project, as one involves more people in the development of a project as the more people will affect the project development, and those people will come to rule out how the project will shape up and finally they will.
Project management is also an importance, however it typically overshadows one thing which will be viewed as even as crucial — project collaboration. Collaboration has invariably been a very important a part of business, though it’s turning into additional and additional pertinent because the world continues to become absolutely interconnected via technology and also the net.
Risk management is hugely important to every project to identify all the potential risks. An uncertain event or set of circumstances if it occurs, will influence the achievement of the project objectives, which could be detrimental to the project success.
Linear Programming is the analysis of problems in which a linear function of a number of variables is to be optimized when these variables are subject to a number of restraints in the form of inequalities. Linear programming helps the management to know either the maximum profit strategy or the best production programmes open to it.
Project scope management is a main function in project management process. Moreover, it is a critical function because any changes or modifications in scope will cause extra cost on the total.
Project management, then, is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements. It has always been practiced informally, but began to emerge as a distinct profession in the mid-20th century.
Project management is a way for organizations to make sure their projects are on track and can be accomplished within the specifications, time, and budget. Without project management, the project may not even get off the ground, and if the project does start it may not finish at all.
Software Project Management Plan (SPMP) for Nirvana National Bank ATM Software Project Baseline version 1.0. Acrobat PDF format, which allows collection of output from multiple sources into a common format, presented in the way the source application intended.