Project management chapter 1 pdf

Project management books for MBA

Project is a temporary endeavor undertaken to create a unique product or service or result. (AMERICAN National Standard ANSI/PMI99-001-200.

1. Project is a unique process, consist of a set of coordinated and controlled activities with

What is Stage 1 of project management?

Phase 1: Project initiation
The project initiation phase is the first stage of turning an abstract idea into a meaningful goal.
In this stage, you need to develop a business case and define the project on a broad level.
In order to do that, you have to determine the need for the project and create a project charter..