Understanding Project Management Essentials

To allocate project resources

To track project timelines and progress

To manage project risks

To define project scope

People

Equipment

Time

Materials

To eliminate all risks

To identify, assess, and prioritise risks

To increase project costs

To delay project timelines

Project budget

Project scope document

Project risk register

Project Gantt chart

To track project timelines

To allocate financial resources

To manage project risks

To define project scope

Having no agenda

Inviting as many people as possible

Setting clear objectives and outcomes

Allowing meetings to run indefinitely

Resource allocation

Resource procurement

Resource scheduling

Resource evaluation

SWOT analysis

Gantt chart

Budget forecasting

Scope definition

Dollars

Euros

Pounds Sterling

Yen

It helps in identifying project risks

It provides a visual timeline of the project

It defines the project scope

It allocates financial resources