For every project,whether it is early start or late start, the time is money. This should be kept in the mind before starting the project. Project should not be started if you can not meet this requirement.
Industry focus on on-time services, not on the expenditure being done for those services. If you can do this then you are the winner else you will be listed in those failures who were claimed to become the best but due lack of project management approach they lost the battle.
Usually a question arise in mind of many people that why do we need project management and time management?
The answer is, to provide effective and on-time solution we need time management and project management.
Now the question arises why some project face failure if they were started with the approach of project management?
Project management has certain activities listed below:
Requirement collection
Requirement elucitation
Planning
Designing
Execution
If i write these in short words it will be:
Requirement phase
Planning
Execution
All the three activities are interconnected and if there is any difference between any interconnected activity, it will lead the project towards failure. Not a single practice adopted by any team to hold this situation if it is not viewed microscopically. If sales team give wrong data to technical team then it will create a huge difference for the development team because they better know the relation between technology and client's requirement.
Industry focus on on-time services, not on the expenditure being done for those services. If you can do this then you are the winner else you will be listed in those failures who were claimed to become the best but due lack of project management approach they lost the battle.
Usually a question arise in mind of many people that why do we need project management and time management?
The answer is, to provide effective and on-time solution we need time management and project management.
Now the question arises why some project face failure if they were started with the approach of project management?
Project management has certain activities listed below:
Requirement collection
Requirement elucitation
Planning
Designing
Execution
If i write these in short words it will be:
Requirement phase
Planning
Execution
All the three activities are interconnected and if there is any difference between any interconnected activity, it will lead the project towards failure. Not a single practice adopted by any team to hold this situation if it is not viewed microscopically. If sales team give wrong data to technical team then it will create a huge difference for the development team because they better know the relation between technology and client's requirement.
