Management of Projects and Project Planning

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Nowadays, communication is treated as an intellectual discipline, and the departments of communication vary from organization to organization in accordance with the nature and scope of the relevant fields of operation. Due to the intervention of recent technologies, there is overall development taking place in the industrial world. However, in every enterprise proper project management is a key factor that determines the success or failure of the venture. Certain factors are highly based on the project work such as:It is very essential to take into consideration the SMART objectives, which are relevant to the proposed project. These can be identified as four characteristics: Specific, Measurable, Achievable, and Relevant. Among these, the most relevant concepts are Specific and Achievable. Because the objectives of the project should be specific and these should be achievable within the time limit it is crucial in determining whether a project can be concluded successfully. Other than this, for undertaking the project work, SWOT Analysis is also very essential. Project management is a carefully planned and organized effort to accomplish a specific (and usually) one-time effort, for example, construct a building or implement a new computer system. Project management includes developing a project plan, which includes defining project goals and objectives, specifying tasks or how goals will be achieved, what resources are needed, and associating budgets and timelines for completion. It also includes implementing the project plan, along with careful controls to stay on the critical path, that is, to ensure the plan is being managed according to plan. (Project Management. 2007).For undertaking the project work of the IT field, it is very important to take into account significance the importance of the network diagram. Not only this but also the timing of activities is also a matter of priority. The basic and fundamental managerial functions play a pivotal role in analyzing and evaluating the task of relevant projects in a systematic manner.