what is the Project management concept? and can it be applyed for your private company ,manufacture?

Answer 1

Accorging to Project Management Institute, project management is comprised of five Project Management Process Groups (Initiating, Planning, Executing, Monitoring/Controlling, and Closing) as well as nine Knowledge Areas (Integration Management, Scope Management, Time Management, Cost Management, Quality Management, Human Resources Management, Communications Management, Risk Management and Procurement Management).

Project management is not a good approach to managing a manufacturing company, unless you manufacture big-ticket items (say, ocean-going vessels). Most manufacturing industries are not project-oriented, but process-oriented (activities repeat cyclically, with little dependence on other activities). There were, however, attempts to implement project management to manage particular project-like functions within otherwise process-oriented companies (for example, introduction of a new product can be thought of as a project).

Answer 2

Yes it can be applied to small manufacturing

Project management is the discipline of organizing and managing resources in such a way that these resources deliver all the work required to complete a project within defined scope, time, and cost constraints. A project is a temporary and one-time endeavor undertaken to create a unique product or service. This property of being a temporary and a one-time undertaking contrasts with processes, or operations, which are permanent or semi-permanent ongoing functional work to create the same product or service over-and-over again. The management of these two systems is often very different and requires varying technical skills and philosophy, hence requiring the development of project management.

The first challenge of project management is ensuring that a project is delivered within the defined constraints. The second, more ambitious, challenge is the optimized allocation and integration of the inputs needed to meet those pre-defined objectives. The project, therefore, is a carefully selected set of activities chosen to use resources (time, money, people, materials, energy, space, provisions, communication, quality, risk, etc.) to meet the pre-defined objectives.

Answer 3

They hit ideas off of people. Try to make their company better.