Based on your readings and personal experience, prepare a summary of your understanding of the role of project management in today’s business environment. (750 words)
Project management is the systematic and methodical planning of a project from start to finish, to ensure correct and realistic allocation of resources, time and costs; transparent and comprehensive communication between all stakeholders, and adherence to deadlines, so that projects are completed on time, within budget, and with all of the business objectives being met.
In today’s challenging economic environment, senior management needs to understand the fundamental supportive and strategic role that project management plays in business.
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