Project management is defined as a planned effort to achieve a particular project. It includes managing, organizing and planning that leads to accomplishment in achieving the project. Project management includes the planning of a project, identifying goals and tasks that have to be achieved (Hillson, 2009. p.70). A well planned and executed project results in the success of the company. Project management is also very valuable in accordance to time as well-organized assessment of time can be done by controlling and managing it. Project management is a broad discipline and it has immense roles and responsibilities in every field of life and in our every day basis also (Project Management Institute, 2009. p.104). Whatsoever we do it has some relationship with the project management whether it is professional or academic. Project management also gives the lesson of team building as projects which are being assigned in a team are completed through this manner.
The Managing Director has announced that the offices will be relocated to the area around Banbury, Oxfordshire in order to reduce costs. The current business objectives and the specific objectives associated with the move. These include:
Continuing to grow business income by 10% annually
Enhancing profitability partially by reducing the physical costs associated with accommodation
Retaining the business earning capacity
Improving the quality of support the office provides to the consultants and clients
Improving the IT systems for the business
Minimising the human resource costs associated with the move particularly associated with redundancy, recruitment and training
Information technology and the Internet are the most used mediums in today's life. Today, more and more companies use the potential of information technology globally. Similarly, we can see here also that project management is considered as the most powerful medium. Many people use it as a technology project management. Due to this, opportunities for the individuals have increased and as a result of this we can get more experience. This has brought a new area of ??project management methodology on web control.
S.M.A.R.T Objective
It is significant for every project that it can have objectives that can be SMART. For instance,
Specific: The team building project is the specific project with the team development and allocation of task. The target is particularly defined, in writing, accurate, in writing, and specific clearly. The specific task makes it apparent to attain the desired objective and goals.
Measureable: The project must be measureable such as, who is going to be responsible for specified task? What purpose is going to be served by the consultant as required by the client?
Achievable: While measuring the factor of achievability of the project it is essential to find out the finance, time and cost necessary for the project. These factors clarify about the project in term of ...