Project management is the planning (where the organization wants to be in the future and how to get there), organizing (follows planning and reflects how the org. tries to accomplish the plan, also allocation of resources), leading (the use of influence to motivate employees to achieve the org. goals), controlling (monitoring employees activities determining if the org. is targeted forward its goals and making corrections as necessary), and feedback of company resources for a relatively short-term objective that has been established to complete specific goals and objectives essential to every business regardless of the type and the purpose of performing. The project management is designed to manage or control company resources on a given activity, within time, within cost, and within quality.
The resources:
- People: Project employees, vendor staff, subcontract labor.
- Equipment: Cranes, trucks, backhoes, other heavy equipment or Development, test, and staging servers, CD burners or Recording studio, tape decks, mixers, microphones and speakers.
- Material: Concrete, pipe, rebar, insulation or CD blanks, computers, jewel cases, instruction manuals.
CASE STUDY
Taxes Departments at Nablus-Mall, its execution period is too short (60 days). Owner: Need to receive the project because the site was rented to the offices of taxes departments. Contractor: Seeks to execute it with minimal time in order to avoid liquidated damages. The estimated cost for this project is 800,000 NIS.