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Conclusion Project Management

Project management is a critical tool that helps execute business plans and achieve strategic goals by detailing tasks, assigning responsibilities, and setting timelines. It uses tools like task diaries and charts to manage projects and communicate status. While projects can fail for many reasons, effective project management helps minimize risks and maximize success by determining if risks can be accepted or if projects should be delayed. Celebrating project completion with the whole team also helps unify them and reminds them of the purpose of their work.

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JYOTHI K
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2K views3 pages

Conclusion Project Management

Project management is a critical tool that helps execute business plans and achieve strategic goals by detailing tasks, assigning responsibilities, and setting timelines. It uses tools like task diaries and charts to manage projects and communicate status. While projects can fail for many reasons, effective project management helps minimize risks and maximize success by determining if risks can be accepted or if projects should be delayed. Celebrating project completion with the whole team also helps unify them and reminds them of the purpose of their work.

Uploaded by

JYOTHI K
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Conclusion and summarization

of project management
• Project management is the primary tool for executing the business plan, installing the businesses
processes, and achieving the strategic ambitions of the entrepreneur.
• Project management helps to detail what tasks will be accomplished, who will be involved in
completing the tasks, and when tasks should start and finish.
• Typically, projects progress in steps however, other approaches for rapid, interactive project
management are also widely used.
• Several tools can be used to manage the project and communicate timing and status, including
task diaries, charts.
• Projects fail for many reasons. It is management’s responsibility to determine whether the risks in
the project can be accepted and the project can be launched, or whether the project be delayed.
• Critical tool in the never-ending process of growth and renewal of the business. It allows the
entrepreneur to minimize and mitigate inherent risks and increase the potential for success of the
launch and the ongoing operations.
• In project I try to get my customers to budget for an end-of-project party for all those involved in
the initiative.
• It brings everyone together, helps unify the whole team and reminds them that there is a point to
the project.
• The budget can be linked to success so that a poor project means nibbles and coke, a great project
means a meal at an expensive restaurant for the whole team.

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