What is Project Management?
A project is temporary in that it has a defined beginning and end in time, and therefore defined scope and resources.
And a project is unique in that it is not a routine operation, but a specific set of operations designed to accomplish a singular goal. So a project team often includes people who don’t usually work together – sometimes from different organizations and across multiple geographies.
The development of software for an improved business process, the construction of a building or bridge, the relief effort after a natural disaster, the expansion of sales into a new geographic market — all are projects.
And all must be expertly managed to deliver the on-time, on-budget results, learning and integration that organizations need.
Project management, then, is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.
****Project management processes fall into five groups:
1-Initiating
2-Planning
3-Executing
4-Monitoring and Controlling
5-Closing
****Project management knowledge draws on ten areas:
1-Integration
2-Scope
3-Time
4-Cost
5-Quality
6-Procurement
7-Human resources
8-Communications
9-Risk management
10Stakeholder management
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