Question

What is the different between Project Management and POLC? (Planning, Organizing, Leading, Controlling) 150-200 Words Please

Answer 1

Project management is specified as a practice of initiating, planning, executing, governing, and closing the work of a team to meet specific goals. The key challenge of project management is to meet all of the projected goals that too within already specified constrained. The primary constraints of project management are time, scope, quality, and budget while secondary constraints are quite ambitious in nature such as challenges to optimize the allocation of needed inputs. POLC is defined as a principle of management that helps a manager in solving business problems with sound decisions. The POLC framework offers useful supervision into what a model job of a manager should look like or should be. The primary difference between project management and POLC framework is that the project management is something that has a temporary role while POLC is continuously used by the management in solving business problems. Project management has five stages. However, POLC has four stages.