various tasks and assignments each having a start and an end. A project plan has a clear aim, a defined budget, expectation of performance and detailed plan of action. Project management is the planning, organizing, directing, and controlling of company resources in order to complete those set goals or objectives (Kerzner, 2009). This paper will discuss the basic phases of the project life cycle, their purpose, and the importance for organizations to use project management to accomplish tasks. What…
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