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Project Management
Project management is the application of skills, tools, techniques, and knowledge to business processes to meet a project's end goal. Organizations often determine project management methods in internal documentation at the start of the development process. Managers and leaders will consider factors, such as the time it takes to execute a project and the costs involved.
What Small and Midsize Businesses Need to Know About Project Management
An SMB typically manages projects so that everyone in that organization understands their roles and responsibilities. Project management also improves communication and eliminates confusion.
Related terms
- PDM (Product Data Management)
- Project Management
- Gain Sharing
- Small and Midsize Business (SMB)
- Business Process Automation (BPA)
- Human Capital Management (HCM)
- Best Practice
- Business Process Management (BPM)
- Business Impact Analysis (BIA)
- Track And Trace
- Digital Business Transformation
- Bimodal
- Span of Control
- Solution
- Business Process Re-engineering (BPR)
- Enterprise Solutions
- Growth Strategy
- Project Management Office (PMO)
- Business Process Outsourcing (BPO)
- Line Of Business
