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Project Management Definitions

Project Management

Project management is the application of processes, methods,


knowledge, skills and experience to achieve the project objectives.
General. A project is a unique, transient endeavour, undertaken to
achieve planned objectives, which could be defined in terms of
outputs, outcomes or benefits.

Project Management is the planning and organization of an


organization's resources in order to move a specific task, event or
duty toward completion. Project management typically involves a
one-time project rather than an ongoing activity, and resources
managed include both human and financial capital.

Project Management is the process of organizing the way


that changes are implemented efficiently within an organization.

Project Management is the science (and art) of organizing the


components of a project, whether the project is development of a
new product, the launch of a new service, a marketing campaign, or
a wedding. A project isnt something thats part of normal business
operations. Its typically created once, its temporary, and its
specific. As one expert notes, It has a beginning and an end. A
project consumes resources (whether people, cash, materials, or
time), and it has funding limits.

Project management is the discipline of planning, organising and


managing resources to bring about the successful completion of
specific project goals and objectives. The Project Management
Institute (PMI) defines project management as, the application of
knowledge, skills, tools, and techniques to project activities in order
to meet or exceed stakeholder needs and expectations.

Project Control

Project controls are the data gathering, management and analytical


processes used to predict, understand and constructively influence the
time and cost outcomes of a project or program; through the
communication of information in formats that assist effective management
and decision making.
Project controls are the data gathering, management and analytical
processes used to predict, understand and constructively influence the
time and cost outcomes of a project or program; through the
communication of information in formats that assist effective management
and decision making.

Project Management Definitions

Project Planning

Project planning is part of project management, which relates to the use of


schedules such as Gantt charts to plan and subsequently report progress
within the project environment. Initially, the project scope is defined and
the appropriate methods for completing the project are determined.
Project planning is a discipline for stating how to complete a project within
a certain timeframe, usually with defined stages, and with designated
resources.

Project Based Management

A project-based management style allows employees to share


project ideas, collect information and troubleshoot winning projects
to completion. Small businesses use the project management style
because it gives employees a chance to participate with only
supervisory involvement. Projects such as upgrading production
systems may be ongoing, while special projects such as customizing
the latest widget may be seasonal. In any case, good management
is the key to successfully handling project throughout all phases.

Project based management can be described as the management


process whereby a structured project management approach is used
by an organization to achieve the desired results. Projects come in
many guises and the described results can be related to both
software (people) and hardware. Examples hereof are socialeconomic, strategic and organizational changes, new and/or
adapted information systems and physical facilities (e.g. buildings).

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