Project management
Project management is the application of processes, methods, knowledge and experience to achieve project objectives.
The process follows:
- Initiating the project
- Defining the scope
- Provide success criteria
- Time
- Cost
- Quality
- Major constraints and dependencies
- Project Initiation Document / Specification
- Protects client and project manager
- Helps estimating
- Assess initial risks
- Provide success criteria
- Defining the scope
- Planning
- Tasks
- Cost / time estimation
- Risk assessment
- Executing, monitoring and controlling
- Life cycles
- Stakeholders management
- Group work
The benefit of a standard methodology:
- consistent terminology
- common understanding associated with roles
- consistent documentation across projects
- structure for development of new project managers
- greater mobility of staff between projects
A project is a “unique, transient endeavour, undertaken to achieve planned objectives, which could be defined in terms of outputs, outcomes or benefits. A project is usually deemed to be a success if it achieves its objectives.”