Posted: November 9th, 2015

Benefits of project management

Question to the class

A project is a unique activity that adds value, expends resources, has beginning and end dates, and has constraints and requirements that include scope, cost, schedule performance, resources, and value. Uniqueness, start and end times, resources, scope, constraints and requirements. Projects are unique activities. Non-projects are mundane activities. Projects have a beginning and an end. Non-projects have a beginning but people do those activities over and over again. Project life span is a progression through a series of differing stages of development of a project. A phase is a group of activities. The project lifespan is the total of the phases through which a project passes from the time.
Question: Can all benefits of project management be realized? How? Why? Why not? Does power and authority contribute to project success?