ABSTRACT
A project means doing something new, possibly even something risky or adventurous. Most projects have targets, which mean they have to be built right, within a cost budget, and finished by a certain date. For larger projects built by some of the bigger contracting companies, budgets will exist not only for jobs, but also for each of the head office departments involved and for other elements of the project and its organization. A project that is finished late usually also overruns its budgets. So, controlling progress against the plan goes a long way towards controlling the costs of a project. Many writers have listed quality' as one of the three primary objectives of project management. A project to build a stadium for the Olympic Games must be ready in time for the games. So time is the paramount objective.
