Partnership Notes: Definitions & Explanations PDF | Download eBooks
Study Partnership lecture notes PDF with project management definitions and explanation to study “What is Partnership?”. Study partnership explanation with project management terms to review project management course for online MBA programs.
Partnership Definition:
A partnership is a group of two or more individuals working together to achieve a common objective.
Project Management: A Systems Approach to Planning, Scheduling, and Controlling by Harold Kerzner?
Partnership Notes:
If a project is small, it is possible for an organization to work alone on it without collaborating with other organizations or functional areas within the organization. However, with the increase in size and complexity of the projects and the use of modern technology, it has evident that an organization must work together with other organizations or a project manager must ask for help from other functions of the organization. When two or more individuals, parties, functions or organizations work together to achieve a common goal or objective, it is called partnership. Partnership can be internal and external. Internal partnership refers to building strong relationship of project manager with the line manager to work for the common project objectives. External partnership refers to building relationships with people or organizations from the outside e.g. outsourcing.
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