An important aspect of successful business development is to follow a process of how you will assess a business idea or concept (project), decide whether to move forward with the project and build a business if it is decided to move forward. We at blue pick your idea and help u develop the business with the right knowledge skills and expertise.

Project management is the discipline of planning, organizing, securing and managing resources to bring about the successful completion of specific project goals and objectives.

Project management at blue includes a number of elements:

1. Initiation: The initiation processes determine the nature and scope of the project.]If this stage is not performed well, it is
    unlikely that the project will be successful in meeting the business’ needs.

2. Planning and design: After the initiation stage, the project is planned to an appropriate level of detail. The main purpose
    is to plan time, cost and resources adequately to estimate the work needed and to effectively manage risk during project
    execution. As with the Initiation process group, a failure to adequately plan greatly reduces the project's chances of
    successfully accomplishing its goals.

3. Executing: Executing consists of the processes used to complete the work defined in the project management plan to
   accomplish the project's requirements. Execution process involves coordinating people and resources, as well as
    integrating and performing the activities of the project in accordance with the project management plan.

4. Monitoring and controlling: Monitoring and controlling consists of those processes performed to observe project
   execution so that potential problems can be identified in a timely manner and corrective action can be taken, when
   necessary, to control the execution of the project. The key benefit is that project performance is observed and measured
   regularly to identify variances from the project management plan.

   Monitoring and Controlling includes:
● Measuring the ongoing project activities ('where we are');
● Monitoring the project variables (cost, effort, scope, etc.) against the project management plan and the project
    performance baseline (where we should be);
● Identify corrective actions to address issues and risks properly (How can we get on track again);

The monitoring and control process also provides feedback between project phases, in order to implement corrective or preventive actions to bring the project into compliance with the project management plan.

5. Closing: Closing includes the formal acceptance of the project and the ending thereof.

At blue Capital & Financial Services pvt ltd , Project control is that element of a project that keeps it on-track, on-time and within budget .[Project control begins early in the project with planning and ends late in the project with post-implementation review, having a thorough involvement of each step in the process. Each project is assessed for the appropriate level of control needed: too much control is too time consuming, too little control is very risky.