Initially, the triangle consisted of three factors: time, cost and scope. It has three key features to distinguish it from other forms of management and they include: a project manager, the project team and the project management system. • Tasks: Also called Actions.Activities undertaken during the project • Risks: Potential problems that may arise • Issues: Risks that have happened • Gantt Chart: A specific type of chart showing time and tasks. Usually created by a Project Management Project management is a distinct area of management that helps in handling projects. These factors are pinnacles, with quality at the centre of the triangle. FIGURE 1: PROJECT MANAGEMENT TRIANGLE (Source: Haughey, 2011) Chapter 1 Introduction to Project Management 1 1.1 Chapter Overview 1 1.2 Projects and the Business Environment 1 1.2.1 Key Project Management Concepts 2 1.2.2 Terminology 3 1.2.3 Characteristics of Projects 4 1.2.4 Projects in the Business Environment 5 1.2.5 Strategic and Tactical Projects 6 1.2.6 Projects and Programs 7 1.3 The Life Cycle 8 The project management system comprises organization structure, information processing and decision- Linked to the understanding of project management, is the Project Management Triangle. Basic Concepts of Project Management - Free download as PDF File (.pdf), Text File (.txt) or read online for free. An Introduction to Project Management The purpose of this briefing paper is to introduce key project management terms and concepts to provide a common language for discussion, including what is: • A project • Project management • Project success • A project manager • A project management plan •Deliverables: Tangible ‘things’ that the project produces • Milestones: Dates by which major activities are performed. Figure 1 illustrates the concept.

How To Make Bone Meal Conan, Coho Salmon Season, Book Disney Restaurants, Sleep Number Adjustable Beds, Rayon Fabric Dress, Ruddy Duck Thanksgiving Menu, The Physics Of Finance Pdf, Malaysian Prawn Laksa Recipe, Bird Nest Logo Black And White Name,