CHAPTER 12
Project Management
12.1 INTRODUCTION
A project consists of a set of activities that are interrelated in a logical sequence and they need to be executed in a certain order for timely completion of the project. Most realistic projects undertaken by organizations such as Infosys, Honda Motors, or the Indian Defense Department etc. are large and complex. Delhi Development Authority (DDA) building residential houses, for example, must complete thousands of activities costing millions of rupees. Indian Space Research Organization (ISRO) must inspect almost countless components before it launches a satellite. Almost every industry worries about how to manage similar large-scale, complicated projects effectively. It is a difficult problem, ...
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