Project management & SCM meaning

Question

Accepted Answer

Project management involves planning, organizing, and managing resources to achieve specific goals. SCM involves managing the flow of goods and services from the point of origin to the point of consumption.

Project management involves defining project goals, creating a project plan, allocating resources, and tracking progress.
SCM involves managing the movement of goods and services from suppliers to customers, including procurement, production, transportation, and distribution.
Both project management and SCM require effective communication, collaboration, and risk management to ensure successful outcomes.
Examples of project management tools include Gantt charts, project management software, and agile methodologies.
Examples of SCM tools include inventory management software, supply chain analytics, and logistics management systems.

Project management &amp; SCM meaning

Popular interview questions of Assistant General Manager HR and Administration

Project management & SCM meaning