...University of Phoenix Course: MGT/437 Project management is defined by BusinessDictionary.com as, “Approach to management of work within the constraints of time, cost, and performance requirements.” Project management requires careful planning and studying all of the factors involved with in the project. Project Managers must first establish the needs of the stakeholders and provide a project plan which includes the cost and time frame the project will be completed. In addition, projects requirements should be clear and concise to ensure the Project Manager stays within the limits of the project. For example, in Week Two simulation the Huduma Foundation needed to transport eight elephants across African to a safe habitat. Huduma Foundation is a non-government organization dedicated in the rescue and relocation of wild animals in Africa. In this paper we will see how this simulation changed my perspective on project management? We will also discuss the advantages and limitations of project management are identified in the simulation. Also how we will anticipate bottlenecks when planning for a project? Also when and if the need to crunch the project will ever arise, which factor would you compromise on, risk or time? The very first step when it comes to project planning is to create a work breakdown to cover all the basics of the project. This will make it easier for everyone to work in their specific area of expertise. In order for this project to be successful it is the...
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