Project Management have many components which play a very important role:
1. Cost Management : COST is important parameter or project constraints
2. Schedule Management : If project delayed it affects all the cost center of the project management like wages for worker, equipment cost, etc.
3. Quality: If project quality affected which falls on the company reputation and rework which increase the material and man hour wastage.
4. Manpower: Pillar for the all projects are manpower. The quality and expertese of the manpower related to success of the project.
5. Communication: Most of the project affected due to the communication
1. Cost Management : COST is important parameter or project constraints
2. Schedule Management : If project delayed it affects all the cost center of the project management like wages for worker, equipment cost, etc.
3. Quality: If project quality affected which falls on the company reputation and rework which increase the material and man hour wastage.
4. Manpower: Pillar for the all projects are manpower. The quality and expertese of the manpower related to success of the project.
5. Communication: Most of the project affected due to the communication