Unit I: basics of project management



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Project Management UNIT - I Notes
3. Control scope – The scope of the project is comprised of what has to be delivered (the project deliverables) and what work has to be done to deliver the project deliverables. The project manager will continually address scope management throughout the life of the project by regular monitoring and controlling. This in turn saves effort and cost.

4. Manage costs – Delivering on time and within budget are two constraints of any project. The project manager controls not only monetary costs but also the people resources, both internal and external, and the equipment costs as well.

5. Manage time – time is arguably the biggest challenge of any project. The project manager must control the project schedule by examining milestones, key dates and the critical path throughout the project life cycle. These are the needs of project management.


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