Introduction
In the modern age of corporation, businesses tend to expand their operational reach through a penetration in newer markets. The penetration requires effective teamwork and deployment of limited resources in order to achieve the long-term objectives. The corporate objectives are achieved through an execution of multiple and temporary activities called projects. These projects are different in nature, size, and resource allocation. An effective and timely completion of these plan-oriented activities requires a systematic framework, prominently known as “Project Management”. The Project Management is based on nine key elements that define purpose, approaches, requirements, and execution of the discipline. This ...