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Question Discuss about theProject Management for Literature Review. Answer: Introduction The development of the projects is very much influenced by the use of the project management tools and techniques (Kerzner, 2013). The implication of the project management concepts would be helpful for integration of the improved facilities for the formation of the systematic deployment of the operations. It would also help in forming the operations of the organization. The improved processing of the operations would help in forming the effective and systematic development of the project. The following literature review is done for analysing the role of the development technology for integrating the effective and smart development of the operations for the integration of the operations and it would form the analysis of the principles of project management, cost driven project analysis, accounting principles analysis, and role of the stakeholders in the development of the project operations. The report would serve the purpose of a literature review of the topic of project management. Literature review of Project Management Definition of Project Management According to Burke (2013), project management is a broad subject and it can be considered for forming the improved analysis of the operations. The development of the improved operations would help in forming the operation for the development of the systematic and concise development of the operations. The project management is a collection of principles and techniques that can be used for analysis of the operations of the project and develop effective planning for carrying out the activities of the project (Sullivan, Wicks Koelling, 2014). The implication of the improved processes would help in forming the effective and smart processes of the organization for developing the projects. Principles of Project Management Project Management is a vast concept and it includes the development of some principles and procedures for the formation of the operational development in the project (Park, 2012). It employs the use of effective operations for forming the benefit of forming the interventional processing. The principles of the project management include the use of six principles of management and they are vision and mission, business objectives, standards of engagement, intervention and execution strategy, organizational alignment, and measurement and accountability. These principles have been explained below, Vision and Mission: The development of the projects vision and mission is the primary principle for the project as it requires forming the base of the development of the effective and smart processing of the organization (Larson Gray, 2013). The vision and mission of the project would be implied for protecting the operations of the organization to form the effective and smart processing. The project vision would involve the development of the improved processing an integration of the operations. The vision of the organization is developed for forming the long term vision of the projects. The mission of the projects would include the effective and smart functional development of the operations. Business Objectives: The business objectives are formed for involving the development of the sufficient development of the project in terms of the operations and functions. The objectives integration of the effective and smart processing for the project is formed by setting some specific operations and formation of the operations. The objectives of the project would help in classifying the systematic development of the project. Standards of Engagement: The business organizations have set some specific rules and operations for forming the effective and smart development of the operations and it would involve the development of project on those terms and objectives (Schwalbe, 2015). The standards of the project would be held responsible for carving the development of the effective and smart operations. Intervention and Execution Strategy: The intervention and execution strategies would be developed for integrating the specific and improved processes for the organization. These strategies would be developed for integrating the effect of the improved processing for the development of the operations. Organizational Alignment: The organizational alignment would be helpful for the integration of the operations and it would be helpful for the formation of the support to the operations of the organization (Mir Pinnington, 2014). The principle deals with the implication of the systematic and effective flow of the information services. Measurement and Accountability: The measurement and accountability principles deal with the concept of the development of the effective techniques for integrating the existing system for developing the smooth operations for the project. Communication in Project Management The communication in project management is very crucial and involves the development of the effective transferring of the information (Fleming Koppelman, 2016). The communication would be helpful for conveying the messages clearly to the respective person. The communication is implied for developing the smooth operations in integration of the functions. The communication in project operations can be done with the help of verbal and non verbal communication. These two types of communication is explained in the table below, Communication Type Description Example Verbal The verbal communication is done in terms of the normal speaking of the person. The verbal communication can be done for explaining the message clearly to the recipients. Project Meetings, Telephone Call, or Skype Video Chat Non Verbal The non verbal communication is done in written form or sign language for conveying the message to the required recipient. The message is transferred without speaking a single word. Project Reports, Documents, and emails. Risk Management in Project Management Walker (2015) has defined risk management as an implied process or technique for forming the effective and smart processing of the operations and it would be implied for forming the effective control of risk factors in the organization. The increment of the effective and smart risk management would help in forming the role of managing the risk and implying effective control strategies of the processes. The risk management would include, Identification of Risk: The risk identification would help in forming the integration of the operations and it would involve the development of the analysis for the risk. The project has to face a number of risks that can be operational, conceptual, technical, production, or resource related (Mir Pinnington, 2014). The risk and their impact would be evaluated in this step. Risk Analysis: The analysis of the risk would involve the development of the some factor analysis in integrating the specific analysis of the projects. The analysis of the risk factors would help in forming the critical analysis of the factors of risk and their impact to form the mitigation strategies. Development and Implementation of Control Strategies: The development of the control strategies would be largely responsible for reducing the impact of risk and form the effective control strategies (Boud, Cohen Sampson, 2014). The control strategies would be implemented for forming the effective and improved processes for the risk factors. It would help in developing the improved factors of risk assessment and reducing the impact of the risk to form the control strategies. Monitor Process: The monitoring of the control strategies would be responsible for carving out the effective and improved processing of the organization. The monitoring process would help in integrating the effective and improved processing of the organization. The monitoring of the project operations would involve the use of the effective and improved functions of the organization. Benefits and Limitations of Project Management According to Leach (2014), the benefits of the project management is implied for forming the effective and smart operations of the project. It includes the development of the effective operations for the management of the project and leading the team throughout the project operations. The project management helps in forming the well defined scope for the improvement of the operations. The human resource for the development of the improved processes would include the systematic integration of the operations. The excellent development of the operations would engulf the deployment of the system implementation. However, Verzuh (2015) have explained that project management has some limitation for development of the operations. The limitation includes the complicated action of the project management, uncanny planning requirements, and time consuming activities of the project. The changes in the project would form the major intake of the resource exhaustion and it would result in forming the issue of the operation. Conclusion It can be concluded from the assignment that the development of the system integration would allow the effective deployment of the operations. The integration of the project management concepts would be helpful for forming the influencing of the operations. The principles of the project management include the use of six principles of management and they are vision and mission, business objectives, standards of engagement, intervention and execution strategy, organizational alignment, and measurement and accountability. The communication in project management had been helpful for conveying the messages clearly to the respective person with the help of verbal and non verbal communication. The increment of the effective and smart risk management helped in forming the role of managing the risk and implying effective control strategies of the processes by following risk identification, analysis of the risk, development of the control strategies, and monitoring of the control strategies. References Boud, D., Cohen, R., Sampson, J. (Eds.). (2014).Peer learning in higher education: Learning from and with each other. Routledge. Burke, R. (2013). Project management: planning and control techniques.New Jersey, USA. Fleming, Q. W., Koppelman, J. M. (2016, December). Earned value project management. Project Management Institute. Kerzner, H. (2013).Project management: a systems approach to planning, scheduling, and controlling. John Wiley Sons. Larson, E. W., Gray, C. (2013).Project Management: The Managerial Process with MS Project. McGraw-Hill. Leach, L. P. (2014).Critical chain project management. Artech House. Mir, F. A., Pinnington, A. H. (2014). Exploring the value of project management: linking project management performance and project success.International journal of project management,32(2), 202-217. Park, S. C., (2012). Fundamentals of Engineering Economics, 3rd edn. USA: Pearson Higher Education Schwalbe, K. (2015).Information technology project management. Cengage Learning. Sullivan, W. G., Wicks, E. M., Koelling, C. P. (2014). Engineering economy. Prentice Hall. Verzuh, E. (2015).The fast forward MBA in project management. John Wiley Sons. Walker, A. (2015).Project management in construction. John Wiley Sons.