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Project Management Papers
A project is a temporal undertaking with a definite beginning and end. A project runs under the constrain of time, scope and resources. It is a set of operations aimed at accomplishing a specific goal. A project team does not necessarily have to be made up of people from the same work place. Often, teams are made up of people drawn from different institutions, organizations and even different nations. All these individuals must work together to deliver the project on time and within the given budget.
Therefore, project management is the use of skills, knowledge, techniques, and tools in a project to achieve the project's requirements. There are five major phases in any project, which are;
- Monitoring and evaluation
Importance of Studying Project Management
Knowledge of project management draws from different areas such as risk management, human resource, stakeholder management, communication, quality, procurement, time, cost, integration and scope. Studying project management equips an individual with a lot of knowledge and skills in the fields mentioned above. It is also a career and academic study area that is not so flocked thus employment opportunities are high. It is also a well-paying career.
Challenges of Studying Project Management
However, there are several challenges faced by students taking up project management. Among these problems is that project management happens to be a very broad course incorporating different subjects among them financial management, quality management, law, among others. Some of these subjects involve lots of calculations and practicality. For this reason, many students avoid taking up project management course, and for those who take up the course, some of them really struggle with the demands of this course.
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