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Consider the following statements regarding project management: 1. It is the process of attaining project objectives in a stipulated time to -produce quantified and qualified deliverables  2. It is the art of bringing together the responsibilities, resources and people necessary to accomplish the business goals and objectives within the specified time limitations and within the financial grant Which of the above statements is / are correct?

Consider the following statements regarding project management: 1. It is the process of attaining project objectives in a stipulated time to -produce quantified and qualified deliverables  2. It is the art of bringing together the responsibilities, resources and people necessary to accomplish the business goals and objectives within the specified time limitations and within the financial grant Which of the above statements is / are correct? Correct Answer Both 1 and 2

Explanation:

  • Project management is the practice of initiating, planning, execute, controlling and closing the work of team to achieve specific goals and meet specific success criteria at the specific time.
  • The primary challenge of project management is to achieve all of the project goals within the given constraints.
  • Project management is the art of bringing together the responsibilities, resources and people necessary to accomplish the business goals and objectives within the specified time limitations and within the financial grant

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