Project Management; (PDF inside) Constraints, Types & Processes

Project management process, types and methodologies

Project Management is the process of leading the work of a team to achieve goals and meet the success criteria of an organization at a specified time. The primary challenge of it is to achieve all the project goals within given constraints. The primary constraints are time, budget and scope. The secondary challenge is to optimize the allocation of vital inputs and apply them to meet pre-planned aims.

The Power of Effective Communication: Unlocking Success through Clear and Meaningful Connections (PDF Included)

importance of communication

Some of the primary objectives of communication are to convey information like instructions, policies, procedures, decisions etc., so the listener can read, hear and understand what is said and accept the message.

Communication enables a group of people to think and act together. Without communication, there will be no organization. Poor communication leads to poor coordination and similarly, cooperation depends on communication.

What is Standard Costing in accounting? Variance, Standard cost formula, advantages and disadvantages

standard costing

We can define the term ‘standard cost’ as the expected cost per unit of the products produced during a period, which is based on various elements of cost like direct material, direct labour, overheads, etc.

What is Communication? Characteristics, Communication Process, Factors, Types Of Communication, 7 Cs of Communication

Communication process

Communication is the act of transferring information from one person, group or place to another.

Each communication needs at least one sender, one recipient, and a message. Maybe it sounds simple but actually, communication is a very complex subject.