Project management is the practice of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria at the specified time.
The primary challenge of project management is to achieve all of the project goals within the given constraints. This information is usually described in project documentation, created at the beginning of the development process. The primary constraints are scope, time, quality and budget.
The secondary — and more ambitious — challenge is to optimize the allocation of necessary inputs and apply them to meet pre-defined objectives. The objective of project management is to produce a complete project which complies with the client’s objectives.
Project Management Approaches
There are a number of approaches to organizing and completing project activities, including: phased, lean, iterative, and incremental. There are also several extensions to project planning, for example based on outcomes (product-based) or activities (process-based).
Project Management Process Groups
- Production or execution
- Monitoring and controlling
Characteristics of Project
There are five important characteristics of a project.
- It should always have a specific start and end dates.
- They are performed and completed by a group of people.
- The output is delivery on unique product or service.
- They are temporary in nature.
- It is progressively elaborated.
What are the responsibilities of a Project managers?
Project managers are in charge of the people in a project. People are the key to any successful project. Without the correct people in the right place and at the right time a project cannot be successful. Project managers can have the responsibility of the planning, execution, controlling, and closing of any project typically relating to the construction industry, engineering, architecture, computing, and telecommunications. Many other fields of production engineering, design engineering, and heavy industrial have project managers.
How to Become a Project Manager?
The Project Management Professional (PMP)® is the most important industry-