Abstract

This paper summarizes the arguments and counterarguments within the scientific discussion on the issue of a chronological step which leads to the phase or status change in the project management. The main purpose of the research is the wedding event in the start to the end of the activities and the event is represented by a node in the network. Systematization of the literary sources and approaches for solving the problem that an event is a specific instant of time which makes the start or end of an activity and event consumes neither time nor resources. It indicates that an activity is the actual performance of the task and requires time and resources for its completion. The relevance of this scientific problem decision is that project management is a tool of functional areas. Investigation of the topic a systematic procedure to implement a weeding event in the paper is carried out in the following logical sequence on project management: Methodological tools of the research methods were a couple of years of research. The object of research is the chosen company that carried out the processes of a wedding project at Toronto Metropolitan University, Canada, because namely they derived this event as a project. The paper presents the results of an empirical analysis on mathematical calculations which showed that were perfect in graphically. The research empirically confirms and theoretically proves that it is the work required to complete a couple of specific tasks: determine your event goals and objectives, visualize the event, draw up a budget, develop a timeline, put the plan into action, double-check the project plan, evaluate the event. The results of the research can be useful for a wedding event cycle consists of five stages: plan, organize measure, analyze and share.

Keywords: budget, schedule, risk, communication, purchase.

JEL Classification: G30.

Cite as: Farok, G. (2023). Project Management is a tool of functional areas and a systematic procedure to implement a weeding event: A case study. SocioEconomic Challenges, 7(1), 75-96. https://doi.org/10.21272/sec.7(1).75-96.2023

This work is licensed under a Creative Commons Attribution 4.0 International License

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