Business Planning

Hello , and welcome back to our series of articles in Project Management. Today we shall take a look at the different types of projects. Projects are the building blocks of progress, enabling organizations and individuals to achieve their goals. But did you know that not all projects are the same? They can vary significantly

Generally in project management, it is very important to accurately estimate the cost of a project. It is even more necessary for management decision and control. Before a project comes on stream, the cost implications must be known well in advance and properly estimated. This serves as a guide to proper project management and control.

Project planning is part of project management, which relates to the use of schedules such as Gantt charts to plan and subsequently report progress within the project environment.

In a pure project team organisation, a special work group or team is created for a special project with a project manager as the head of the team.