![]() ![]() By far the most popular and commonly used project timeline tool is Gantt chart. I’d go further and say, by project plan, many stakeholders mean – Gantt Chart. Interesting, even today when someone mentions project management, it is perceived as if he is talking about project planning and specifically about project schedule or project timeline. The underlying principles of project management have remained the same: it is still about defining project objectives, clearly defined roles and responsibilities (project charter), clearly defined deliverables (project scope), planning a project timeline, identifying and assigning resources (resource plan), optimising costs (budgeting & cost management), managing issues, risks and change requests. ![]() Project management has moved up in the value chain with project management office (PMO), strategic project management, active customer engagement, etc. Project management these days is expected to become part of the strategic initiatives for a sustainable business. A seasoned project managers would apply their skills to optimise resource allocation, better stakeholder management and reduce the project cost. A project manager would be rated good if s/he was able to complete project on time, within budget and of a desired quality. Initially project management was merely considered as a process to manage time, resources and cost. The answer to above question has evolved over the period of time. ![]()
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