1.1: Explain The Importance Of Project Management Principals

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Task -1 1.1 Explain the importance of project management principals, and explain how it would support to bring solution for the above scenario (1.1) (M2.1) Project Management What is meant by project management? Project management is simply the way in which different areas that are considered in a particular project concerned are bought together in order to achieve a common goal. There are different views that are given by different people about project management. All these ideas, differ from one person to another person which means that each of those will vary. Some of the views are described below. According to the author H.Kerzner, his view about project management is described as follows. “Project management is the planning, organizing,…show more content…
There are 9 Knowledge areas that can be basically found in Project Management. A brief description about each of them is being listed below. 1. Integration Management 2. Scope Management 3. Time Management 4. Cost Management 5. Quality Management 6. Human Resource Management 7. Communication Management 8. Risk Management 9. Procurement Management Integration Management This is considered to be one area in Project Management and the main purpose is to find out whether the necessary elements of the project that is being developed is used properly. The main things that are taken into consideration here is finding out the necessary needs and the wants of the stakeholders and coming up with a specific plan. Scope Management This mainly refers in achieving the specifics needs and the goals in relation to the particular activities that take place in the business. This is all that has to be included in the project that is being developed where on one hand the necessary work that the project has to complete is considered. This is simply figuring out what needs to be included if there are activities that are not

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