A project is defined set of rules or functions that meet the Assignment

A stand is defined deal of rules or functions that meet the pre-defined set of objectives - Assignment ExampleManagement refers to control the everyplace alone activities or to manage the system with remark to technical skills and philosophy. Management also refers to manage the whole team and get them together and take course from them in timely and friendly manner.Project management means set of rules that are created to manage resources (e.g. people, money) and over all organization. in that respect are different activities that need to manage the childbed so that one usher out achieve the goal in time with the feasible money and cost requirement.PMBOK (Project Management Body of fellowship as defined by the Project Management Institute - PMI)Project management is the application of knowledge, skills, tools and techniques to project activities to meet project requirements.PRINCE2 project management methodology The planning, monitoring and control of all aspects of the pr oject and the indigence of all those involved in it to achieve the project objectives on time and to the specified cost, quality and performance.There is a project for developing the computerize system for a National cuss. The bank has many branches all over the country and wants that one branch mickle communicate to other branch through the created computerized system.fundamentally whenever a project is going to be created it is necessary to cover its all features like used requirements, his trust outcomes, they way he wants to see the project, his thinking rough project, his cost about creating the system and quality about the project. Then there should be a breakdown process which means to break the large project into gun modules. These sub modules are individual to each other and perform a specific task. This is called cultivate break down (WBS). It also helpful for doing the task, Moreover it help to check the error and bugs into the program. There can be future enhanceme nts or updates also done very well. If the Bank (National Bank) project is divided into sub modules then there will beFigure Work break down (WBS) for national BankAfter these entire modules division there are some basic effects that project team needs to create the algorithm about developing the project. Algorithm means step by step procedure to solve any problem. This means how to project can be develop.After creation of algorithm, there moldiness be a pictorial representation of all