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A project manager is a professional in the field of project management. Project managers have the responsibility of the planning, procurement and execution of a project, in any undertaking that has a defined scope, defined start and a defined finish; regardless of industry. Project managers are first point of contact for any issues or ...
This evolution of the definition has been a subject of ongoing controversy, [13] and the term continues to apply to both the narrower and a broader scope. Traditional systems engineering was seen as a branch of engineering in the classical sense, that is, as applied only to physical systems, such as spacecraft and aircraft.
Before the project begins, stakeholders verify the problem and goals are accurately described in the problem statement. Once approved, the project reviews it. This also helps define project scope. [5] The problem statement is referenced throughout the project to establish focus within the project team and verify they stay on track.
The Project Management Body of Knowledge defines the work-breakdown structure as a "hierarchical decomposition of the total scope of work to be carried out by the project team to accomplish the project objectives and create the required deliverables."
A statement of work (SOW) is a document routinely employed in the field of project management.It is the narrative description of a project's work requirement. [1]: 426 It defines project-specific activities, deliverables and timelines for a vendor providing services to the client.
Front-End Engineering (FEE), or Front-End Engineering Design (FEED), is an engineering design approach used to control project expenses and thoroughly plan a project before a fix bid quote is submitted. [1] It may also be referred to as Pre-project planning (PPP), front-end loading (FEL), feasibility analysis, or early project planning.
Integrated project delivery (IPD) is a construction project delivery method that seeks the efficiency and involvement of all participants (people, systems, business structures and practices) through all phases of design, fabrication, and construction. [1]
Indeed, project-based entrepreneurs face two critical challenges that invariably characterize the creation of a new venture: locating the right opportunity to launch the project venture and assembling the most appropriate team to exploit that opportunity.
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