Project Management is a complete process of planning, monitoring, controlling, and leading all project related tasks and activities in such a way that enable the project team to complete a project. Project management has great importance in determining the fortune of a project. In short, project success and failure all depend upon the efficiency and effectiveness of project management. Project managers develop plans and strategies for all activities related to the project to complete the project in a successful way (Ducros & Fernet, 2010). Somehow, for this, the most important requirement is knowledge about the project management areas. There are 10 project management key knowledge areas including stakeholders, communication, scope, schedule, cost, quality, resources, risk, procurement, and project integration. In the present work, 5 most important project management knowledge areas are discussed in details regarding the new project of Taiba Group entitled as Menagene Pharmaceutical Industries Project (Businesswire.com, 2019). In this report, other information including critical analysis of future, past, and current scenarios are also presented followed by these key knowledge areas. Moreover, project management excellence and recommendations are also presented in detail. In addition, the whole discussion is concluded by presenting the conclusion.    

References of “Metagene Pharmaceutical Industries Project of Taiba Group”

Businesswire.com. (2019). Taiba pharma group Sets Up New Manufacturing Company “MENAGENE”. Retrieved from www.businesswire.com: https://www.businesswire.com/news/home/20180604005774/en/taiba-pharma-group-Sets-New-Manufacturing-Company

Ducros, M., & Fernet, G. (2010). Project Management Guide. Editions TECHNIP.