Project Management Overview
A process or practice that involves completing a task to achieve an objective using quality skills with a limited set of resources and a finite timeline.
Project management Lifecycle
These are smaller portions of a project that represent distinct goals or milestones in the larger project lifecycle. Within the project lifecycle, there are 5 project phases mentioned below:
- Initiating.
- Planning.
- Executing.
- Monitoring/controlling.
- Closing
Key Benefits
Implementing project management practices in any organization provides a wide range of benefits that enhance the efficiency, effectiveness, and success of projects. Here are some benefits:
- Productivity Enhancement
- Risk Management
- Time Improvement
- Timely Delivery
- Improved Quality
- Customer Satisfaction
Project Management Tools
There are numerous project management tools, having unique features tailored to various types of projects and team needs. These are some of the most popular and widely-used project management tools:
- Trello
- Asana
- Basecamp
- Clickup
- Jira
- Monday
- Wrike
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