What Is The Importance Of Time In Project Management

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A project is defined as a set of tasks and activities that are planned to achieve a defined goal that needs to be accomplished within a certain period of time (Dykstra, 2011:32). The overall project requires a specific individual with skills who managers the entire project for the specified outcomes to be achieved. Therefore, the person becomes the project manager. The management activities vary according to the complexity as well as the duration of the project. However, all project managers are responsible for ensuring that there is progress on the work and all work is done satisfactorily. The term project management is defined as the art of directing and coordinating human and material resources throughout the life of a project by using …show more content…

Another important aspect of time in a project is that it is useful in determining the work content of an activity. As a result, the amount of time available can be used to determine the amount of work that can be done. Therefore, the clear understanding of time is important for an individual undertaking project management. Moreover, the effective management of time requires a good preparation of the project through undertaking a working plan. Project managers should be aware that delivering projects on time according to the required standard of quality within the budget of the project is not always attained. This indicates that time management of a project towards its success can be challenging. Therefore, the project manager should ensure that the project is well planned on time prior to execution of activities. However, the planning of the project requires a clear understanding of that particular project. In addition, it is important that the plans made by the project manager are communicated to all participants. This will ensure that everyone involved is aware of what is required of them. The project participants will also have a clear understanding of what is required. Thus, each individual can work ensuring that the planned processes are well achieved at a convenient time. This will also enhance the ability of the project manager to enforce a timetable towards participants. In this …show more content…

In addition, risk is a measure of the consequences of the occurrence of the unexpected, rather than the odds that it will happen (De Marco, 2011: 175). All projects comprise of a substantial amount of risks. Therefore, the project management is ought to manage uncertainty as well as variation. The risks associated with construction projects are various. Examples may include climates and commercial prices. Risks in construction projects are crucial because they affect the quality, time and cost of the project. . Risks are the most common reason for projects to finish late and cost more than they should. For this reason, the effectiveness of risk management can never be over-emphasized. Thus, risks must be identified when planning for the project. This entails figuring out the unexpected events with possible

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