Project management includes organizing and planning of companies’ resources to work on certain tasks, events and duties towards achieving the goals of the project completion. It might be a continuous project with ongoing activities while resources management includes finance, personnel, intellectual property and technology (LaBarre, 2020). Constraints, enablers, life cycle and knowledge areas are some characteristics that can be involved in project management (Watt, 2014). Using the article: The Hidden Costs and Dangers of the Shortcut, it is right that relying on standards of a work would reduce creativity. Standards have common and ethical values that facilitate work activities. It is necessary to make a balance between values and work measures to treat stakeholders fairly. From the article, stockholders’ aspects were not included, if the project manager deal with things from own aspect, at least a scenario worst outcome have to be predicted and discussed through a strong communicative way to see how possibilities can be.
You've reached the end of your free preview.
Want to read both pages?