Basically, cost optimization and allocation of resource directly deals with availability of tools and materials. Due to proper planning and scheduling, it gives us a knowledge of proper time and the process of cost mostly remains the same. As we can say it’s a most difficult task for a project manager to practice it, which includes fixed measuring progress, executions as per plan and corrective actions should be taken whenever required. The constraints that are observed in every project is time overrun and cost overrun. The aim of this project is to complete the project within a given time and a budget, and also to achieve the other objectives. Time deals with speed, quality of work and availability of tools and materials whereas cost deals with optimization and availability of resource. In every construction project, there are two most important factors to be considered in the planning of project i.e. Keywords: Project, Management, Feasibility, Planning, Scheduling Title: Software Project Management – A Successive Process That Bring a New System Author: JOYDEEP KUNDU International Journal of Computer Science and Information Technology Research ISSN 2348-1196 (print), ISSN 2348-120X (online) Research Publish Journals And the planning is pointless unless the execution of plan is monitored. Individual projects are likely to differ considerably but following some classic project life cycle models. It takes an important role in the project planning activity. Schedule is a vital project management attribute in a market driven economy where time to market is critical to success. Plans must be regularly revised as new information becomes available. It is a continuous activity from initial concept through to system delivery. It is probably the most time-consuming project management Activity. Planning provides a road map for the software development process. The results determine whether the solution should be implemented or not. A feasibility study is the analysis of a problem to determine if it can be solved effectively. Preliminary investigation examines project feasibility. We say “as needed” because one has limited time, money, and resources (human and machinery) with which to accomplish a goal. Abstract: Project management is the art of matching a project’s goals, tasks, and resources to accomplish a goal as needed.
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