Research Project Management Plans for software projects and provide a write-up on the following: What is the PMP? What groups create the PMP? What did your research show as the value or benefit of PMPs? What are challenges if there is not a PMP? What are some common sections in the PMP? List your references.

Explanation:

PMP:This is the planning and closing projects. It can also be defined as the act of building comprehensive work plan, and managing to the budget.

Groups that create PMP

1.Initiating: The first step of any project involves casting a vision for what will be accomplished throughout the duration of that project.

2.Planning:Within the PMPBOK®guide ,24different processes are defined as being part of the larger process of planning.

3.Executing: often times people are anxious to begin the work of a project and this will lead them to skip over some of the planning phase to get to the execution phase.

4.Monitoring and Controlling :Throughout all of this, the project manager will be responsible for maintaining organization effective communication and reaching benchmark goal.

Benefits of PMP

1.Add value to resume

2.Provide industry recognition

3.Contribute to higher income

4.Provide networking opportunities

5.Validates your dedication to the job

Challenges of PMP

1.Client constantly changing scope

2.Low project prior to the client

3.Dissatified with the project outcome

4.Inability to define a successful project

5.Project ended in failure

Common section in PMP

1.Integration

2.Scope

3.Time

4.Cost

5.Human resources

Reference

Project management by Merrie barron and Andrew barron

Project management from simple to complex by Russel Darnell.

El principio de escasez es una teoría económica que explica la relación de precios entre la oferta y la demanda dinámicas. De acuerdo con el principio de escasez, el precio de un bien, que tiene baja oferta y alta demanda, sube para satisfacer la demanda esperada.

Explanation: