1.1 Explain The Importance Of Project Management Principals

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Task 1
1.1 Explain the importance of project management principals, and explain how it would support to bring solution for the above scenario (1.1) (M2.1)
What is a Project?
There are several definitions of projects in the literature, one of the best has been given below by Tuman.
“A project is an organization of people dedicated to a specific purpose. Projects generally involve large, expensive, unique, or high risk undertaking which have to be completed by a certain due data, for a certain amount of money, with some expected level of performance. At a minimum, all projects need to have well defined objectives and sufficient resources to carry out all the required tasks.” Tuman (1983),
What is Project Management?
It’s the process of achieving project objectives examples (schedule,
…show more content…
Its manager will be allowed to link progress directly to each phase and recognize the completion of each phase.

1.2 Explain the project success / failure viabilities when carrying out the project development process. Develop a success and failure criteria to the above project. (1.2) (M1.3)
What is meant by success / failure viabilities?
There are certain facts which depends on the success as well as the failure of the project. These may occur mainly by the actions of the project manager, the team members and the other stakeholders who are involved in the development. And it will produce a quality and best project on them.
The main advantages of conducting a success/failure viabilities on projects.
• Facts on success of the project can be identified.
• Facts on failure of the project can be identified.
• Communication skills.
• The areas which has to be done can be identified easily.

Project failure viabilities
There are many substances why a project fails. There are many reason why project can be

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