You will prepare and submit a term paper on The Art of Project Management. Your paper should be a minimum of 2000 words in length.

You will prepare and submit a term paper on The Art of Project Management. Your paper should be a minimum of 2000 words in length. The management of people in the management of workers. Management of people guides us about the roles and duties that a worker can perform in a project for making a project successful. It also guides management about what type of staff should reserve for a specific project (Kerzner, 2003). In this paper, I will present generic skills of project planning those can be applied successfully to any project irrespective of the size, aims or context of a project.

The project planning is an important and basic step towards project achievement. It provides a roadmap to management for performing the tasks. It also helps with making decisions swiftly. Planning gives us details on what alternative choices we can prefer during the project continuation. A complete plan undoubtedly states the actions that need to be done, why these actions are required, who will perform these actions, when it will be achieved, what resources are required to achieve the objectives, and what actions very essential in order for the project to be acknowledged complete and successful (Chamoun, 2006).

Different industries face diverse challenges during the management of projects. For instance, software development organizations have to tackle with elevated technology indecision, though construction organizations are typically additional troubled with engineering or finance troubles. Furthermore, comparable processes may have diverse boundaries in a number of industry categories. These dissimilarities terminate with as much as 30 percent in project cost and schedule among industries. If we give attention to the planning phases of the project then we can save a lot of time and money because it provides us a roadmap by which we can have a better implementation (Ibbs et al, 2000).

Globalization of markets and innovative business practices are prompting firms to think again about their competitive policies.