MGT 437 Week 1 Individual Assignment – Project Management Paper

Project Management Paper

A project can be a wide variety of activities. According to Kerzner, 2006, a project can be considered to be any series of activities and tasks that have a specific objective to be completed within certain specifications, has defined start and end dates, has funding limits (if applicable), consume human and nonhuman resources (i.e., money, people, equipment), and are multifunctional (i.e., cut across several functional lines) (p. 2). Remodeling a home, restructuring an organization, opening an additional business location, purchasing new equipment, etc are all considered projects. Each of these projects will have an objective, defined start and ending dates, funding limits, consume resources, and are multifunctional.