Chapter 1: Introduction

Project management
has been in existence since time immemorial, from the construction of the
ancient Egyptian pyramids to the industrial revolutions of 1760’s through
1840’s in Europe a

nd the United States. However, the term
project management was not used until the 1950’s when some companies begun to
create tools and techniques such as the Program Evaluation and Review Technique
(PERT) by the US defense contractor, RAND and Critical Path Analysis by the
chemical company, Du Pont for the planning of their production activities, and
the later establishment of project management professional institutions (IPMA
1965 and PMI 1969). So, projects have played major and important role
for organizations because projects provide competitive edge to organization.
Projects make organizations leader in their respective field (Rad and Levin,
2006).

Project has
therefore become integral part of modern organizations, both profit and
non-profit oriented. However, the success or failure of an organization in
achieving the project’s objectives is to a large extent depends on the
knowledge and skills of the project manager (the person assigned by the sponsor
to lead the team that is responsible for achieving the project objectives).

This thesis is
to explain the general application for project management methods to manage
Start-ups Company by analyzing this application in the course of action of a
real-life-project in the startups company. The thesis has been divided into two
main parts. In the first part, I will be reviewing some selected project
management literatures that will help in the analysis of the second part by way
of choosing the best possible tools and techniques which will help analyze a
chosen project as a case study.

In the second part, I will be
analyzed and assess a project ,business development of uses project management
methods and effectiveness of tis methods on performance of startups company and
how this method make this companies achieving targets by successfully way. In
this thesis, I will be analyzing the course of action, thus the project
management 16

 

Processes and project management knowledge areas
that were applied to execute the project by the project manager and her team.
Also we need to say that ironically,
there are increasingly failures in the execution of majority of these projects
due to a number of reasons, chiefly amongst them, lack of proper project
management methodology.

A recent study that explored the
concept of effectiveness and efficiency of project management 2 pointed out
that within the field of project management the concepts of efficiency and
effectiveness are commonly used but rarely defined. The distinction between
project efficiency and project effectiveness is not yet clearly identified but
in the field of quality management the concept of effectiveness and efficiency
is applied in a defined way such as, efficiency is to do things right and on
the other hand effectiveness is doing the right things.

 

 

 

 

 

1.1.  The objective of the thesis

 

 

The objective of this
thesis is analyze the course actions of project methods, business development
based on establishing business plan for Startup Company and assesses the
effectiveness of the methodology used to carry out the project. Where
appropriate, possible suggestions would be made as to how similar projects can
be improved in the future by a rightful selection of project management tools
and techniques.

 

 

 

 

 

1.2.  Methodology

 

The research is divided into
two main parts; in the first part is literature study about theoretical
learning about project management and effective methods. In this theoretical
part, the author discuss about the definition of a project and the nature of
project management. In the second part will be practical part will use the
methods of project management to establishing steel structure company as
start-ups, and how these methods affect the performance of the company and
achieve the strategic goals for start-ups. And this will give us a clearer
picture as to whether a proper project management methodology was used from the
project’ initiation, planning through its closing bearing in mind, and there is
no single way of managing projects.

 

 

 

 

 

 

 

 

Chapter 2: The literature part and theory.

2.1 project management overview.

Firstly let us question is there are different between
project management and general management in organizations?

 

 

x

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