Project Study Mastery

Project Study and Project Management: Key Points

• Project Study is a careful and critical investigation of a proposal or plan to achieve desired goals.
• Objectives of a Project Study include finishing it quickly, completing the project at minimum cost, and avoiding unnecessary delays.
• Characteristics of Project Study include being non-traditional, innovative, and complex efforts.
• A project involves creating specific results and has a life cycle.
• Project management requires multi-disciplinary skills and aims to control the project's schedule, budget, and quality.
• Functions of a Project Manager include planning, organizing, staffing, directing, and controlling.
• The Project Study process involves project identification, formulation, preparation, feasibility analysis, design, appraisal, selection, negotiation, and approval.
• The ultimate goal of Project Management is to achieve proper control of the project and ensure its completion within schedule and budget.
• The desired quality of the resulting product or service is another objective of Project Management.
• The Project Manager plays a crucial role in executing the project and ensuring its success.
• The Project Manager's functions include planning, organizing, staffing, directing, and controlling the project.
• Project Study and Project Management are essential for successful project execution and achieving desired outcomes.