Project management it is about setting clear goals, managing time, material, people and costs to deliver a result on time, within budget and to the highest possible standard.
It is an essential element to managing a growing business. It is composed of several different types of activities, namely;
Each of these activities must be effectively managed to ensure the success of an individual project as well as the overall business.
This unit focuses on the important topic of project management for start-up companies. It emphasises the importance of putting a systematic process in place from the outset. The unit illustrates and explains a generic project management process. The unit concludes with a discussion on risk assessment and management in an effort to help minimise a venture’s exposure to risk.
When you have successfully completed this unit you will be able to:
- Determine the importance of using effective project management techniques in new ventures and start-up companies.
- Explain the project management process.
- Discuss the concepts of risk assessment and risk management.
- Present simple tools to help minimise a venture’s exposure to risk.
How to set up a company in your country
National case studies on Entrepreneurship
Ent-teach- Entrepreneurship Teaching - project code 2011-1-NL1-LEO05-05202. This project has been funded with support from the European Commission through the Leonardo da Vinci - Lifelong Learning Programme. This publication reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein.