Project Management 101: Essential Terms Every Team Member Should Know
In today’s fast-paced work environment, effective project management is the key to success. Whether you are a project manager, a team lead, or a new team member, understanding key project management terms ensures smooth communication and better collaboration. In this blog, we’ll break down essential project management terminology and explain their significance with real-world examples and case studies. As a project manager, I suggest you refer to this blog for a deeper understanding of all project management terms: Project Management Terms Guide . 1. Project A project is a temporary endeavor undertaken to create a unique product, service, or result. It has a defined scope, timeline, and resources. Unlike ongoing business operations, a project has a clear start and end date. Example: Developing a new mobile application is a project because it has a set goal, deadline, and specific deliverables. 2. Project Scope Project scope defines the work required to complete a proj...
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