Project management

24 Minute MBA

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Course Modules

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Module 1	24minMBA
Unit 1	24 Minute MBA Pretest
Unit 2	Setting up Business Strategy
Unit 3	Developing Innovation
Unit 4	Leadership Skills
Unit 5	Organizational Behavior
Unit 6	Marketing Campaigns
Unit 7	Essential Sales Skills
Unit 8	Emotional Intelligence
Unit 9	Legal Documentations
Unit 10	Financial Reporting Today
Unit 11	Project management
Unit 12	Information Technology
Unit 13	Business Expansion
Unit 14	24 minute MBA Posttest

Unit Video

Unit Summary

The 3 Considerations in Implementing Successful Projects include:

An agreement on the acceptable quality
A budget for the costs
An accepted time period for implementation

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Additional Resources

In this video, you will learn about how to implement successful projects. Projects are launched all the time across organisations whether they are internal or external. It’s important to ensure successful project implementations so as to avoid a loss of a lot of time, money and in some cases reputations.

Successful Project Management takes into account the following considerations:

An agreement on the acceptable quality level of the output of the project. As an example, if the project is to send a person to the moon, the quality requirements would be dramatically high.
An budget for the costs that would be incurred to deliver the project.
An accepted time period during which the project should be completed.

The three aspects are all related to each other and as such are set out at the beginning of the project and are tracked all through the implementation of the project. If there is a need to improve any one of the three elements, that would have an impact on the other two elements. Everyone in the organisation should learn these three basic aspects to projects and defining them at the beginning would help save a lot of costs, time and effort.