Running head : RUNNING HEAD FOR PUBLICATION GOES HERETitle of Your Goes HereYour predict Goes HereInstitutional Affiliation Goes Here jutting counselling in reading systemsIntroductionProject ManagementProject charge is the application of knowledge , skills , tools and techniques to stray activities to meet externalise requirements , as quarterd by Schwalbe (2005 pg 9 . As tasks step-up in complexity scope and size , with people in invariablyy industry and every country managing wanders of alone sorts , bug out perplexity has become to a greater extent important and significant than ever . According to a report in 2001 by the Project Management Institute , the US spends 2 .3 trillion on projects every year , whereas the world as a social unit spends nearly 10 trillion of its 40 .7 trillion unprocessed product on projects of all kind . Furthermore , more than 16 million people regard project management as their professionThe most important consideration of project management is to complete the project - on time , in spite of appearance work out , and according to specifications Frame (2003 , pg 6 ) identifies these as the triple constraints of project management that constitute the focal point of the project superior s attention and energy .
Therefore , project management , inside this context , can be viewed as carrying out a project as in effect(p)ly as possible in respect to the constraints of time , money and specificationsProject Management ProcessIn project management , there are 9 defined knowledge areas that describe the key competencies that project managers should be proficient in These 9 knowledge areas also define the project management processes as belowProject Integration Management - the coordinating of all the other project management knowledge areasProject Scope Management - Defining and managing all the work required to complete the project successfullyProject Time Management - Estimating how long it will take to complete the work , growing a realistic work schedule that is acceptable within specifications , and facilitating the completion of the project on timeProject Cost Management - Preparing and managing the cipher for the projectProject Quality Management - Ensuring that the project will satisfy the say or implied postulate for which it was undertakenProject Human Resource Management - Managing the effective use of people involved with the projectProject Risk Management - Includes identifying , analyzing and responding to risks connect to the projectProject Procurement Management - Involves acquiring or procuring goods and services for a project from outside the performing organizationInformation Systems ProjectsInformation Systems projects can be wide diverse and different they might range from installing ready-made software solutions , or developing mod software on an enterprise level to meet certain business call for . This diversity in information systems is further exacerbated by the situation that every possible industry and business function is support in some way by information engineering science . Hence , a wide variety of skill sets are required for Information System projects , to handle the specific needs of different industries , as well as to utilize the new and different technology that are usually involved in Information System ProjectsProject RisksThe Project Management Institute defines project risk as a possible future caseful that...If you want to get a full essay, order it on our website: Orderessay
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