Project Management new tool solution
Project management is the discipline of using established principles, procedures and policies to guide a project from conception through completion. Project managers achieve this by using a set of methodologies, processes and tools to guide their teams and manage resources. Today, most project management professionals use project management software to plan, execute and control projects. Project management applies these best practices to ensure that a project is completed in a way that meets all articulated outcomes, from spending limits to end-goal objectives.
A key factor that distinguishes project management from just 'management' is that it has this final deliverable and a finite timespan, unlike management which is an ongoing process. Because of this a project professional needs a wide range of skills; often technical skills, and certainly people management skills and good business awareness. The effort often begins with a project charter, a short formal document that provides project managers with written authority to begin work and outlines the goals, objectives, resource requirements, stakeholders and potential challenges. The project plan scopes out these elements in detail and informs the management of all aspects of the project, including roadblocks or surprises that might arise.
BCS building own project management tools for international markets. Our tool integrating with different projects and become more useful for business areas. We do manage the best 10 list project management knowledge area as described by PMBOK. The new tool help teams work better together. It is easy to understand and get responsibilities of new tool. These project management knowledge areas need to be managed from the beginning to the end of your projects. All projects go through the same phases, which are known as the project management life cycle. Project management commonly involves overseeing people from multiple parts of a company, sometimes from multiple organizations, who must work together for part or all of the project's duration to reach the common goal.
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