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Project Management

 

Project Management is the application of knowledge, skills, tools and techniques to a broad range of activities to meet the requirements of the particular project. Project Management knowledge and practices are best described in terms of their component processes. These processes can be placed into five process groups (initiating, planning, executing, controlling and closing) and nine knowledge areas (project integration management, project scope management, project time management, project cost management, project quality management, project human resource management, project communications management, project risk management and project procurement management).

 

Project Management is concerned with the overall planning and co-ordination of a project from inception to completion aimed at meeting the client's requirements and ensuring completion on time, within cost and to required quality standards. Project Management is typically carried out either by a private consultant or an employee of the project client. Project Management, according to the Project Management Institute's Project Management Book of Knowledge, is the application of knowledge, skills, tools and techniques to project activities in order to meet or exceed stakeholder needs and expectations.

 

Project Management, is the application of knowledge, skills, tools, and techniques to describe, organize, oversee and control the various project processes. Project Management is a relatively new branch of management, being only a few decades old. It may be distinguished from line management, which is essentially the management on ongoing activities, where tomorrow's activities will be much like today's. Examples of line management include the accounts dept. in any large company, most of manufacturing industry (traditionally, at least), or delivering the mail.

 

In contrast a project is a singular task, and Project Management is simply the management of that task. Examples of a singular task include: constructing a bridge, putting a man on the moon, building a submarine, organizing a wedding, developing a piece of CBL courseware, etc.

 

The past decade has seen substantial growth in interest in Project Management techniques, primarily as a result of increased uncertainty within the business environment. Major upheavals such as the recent changes in Eastern Europe, the growth in information technology, economic relationships with the rest of Europe, etc. have made the business of business much more uncertain. Many industries can no long expect tomorrow to be like today, and they are turning to Project Management techniques as a way to cope with such changes.

 

Incidentally, the experiences of many companies trying to make this change bear out the central plank of my argument here: that putting the bricks of Project Management in place is relatively simple. It is the cultural changes required that bring difficulties.

 

The science of Project Management has developed considerably in the past 20 years. Today Project Management is a professional discipline, with a body of knowledge and a specific set of skills and competencies and a professional certification body, the Project Management Institute (PMI®).

 

Project Management Techniques Teach You to:

  • Link project goals and objectives to stakeholder needs
  • Focus on customer needs
  • Build high-performance project teams
  • Work across functional boundaries 
  • Develop work breakdown structures
  • Estimate project costs and schedules using simple, proven techniques
  • Meet time constraints
  • Calculate risks
  • Establish a dependable project control and monitoring system

 

Project Management is a formalized and structured method of managing change. It focuses on achieving specifically defined outputs so that planned benefits/outcomes are achieved. And effective Project Management is essential for the success of a business project.


When you, as a project manager, accept responsibility for a project, you accept the schedule, timeline, deadlines, resources, and expectations set out at the start. Now you can make sure you're asking the right questions for each project by utilizing the tools, checklists, and information from projectmanagementsurvival.

Now you can manage your risk project according to best practice standards. You'll have the details and plans in place to handle whatever arises during a project's duration—setting appropriate expectations for timelines, milestones, and deliverables. And, ensure success for each and every project with resources on:

  • Ensuring you have the necessary equipment and resources available
  • Properly documenting all project activities
  • Identifying staff skills by roles needed
  • Putting quality controls in place
  • Identifying and estimating indirect costs
  • Documenting and prioritizing requirements
  • And much more

Start and end each project on a positive note—order your Templates and Tool Kits for Project Managers today!

Explore the templates and toolkits HERE

 
   
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