INTRODUCTION TO PROJECT MANAGEMENT

INTRODUCTION TO PROJECT MANAGEMENT

Project management is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements. Project management is accomplished through the appropriate application and integration of the 47 logically grouped project management processes, which are categorized into fie Process Groups. These five Process Groups are:

•  Initiating, • Planning, • Executing, • Monitoring and Controlling, and • Closing.

Managing a project typically includes, but is not limited to: • Identifying requirements;

•  Addressing the various needs, concerns, and expectations of the stakeholders in planning and executing the project; • Setting up, maintaining, and carrying out communications among stakeholders that are active, effective, and collaborative in nature; • Managing stakeholders towards meeting project requirements and creating project deliverables;

•  Balancing the competing project constraints, which include, but are not limited to:

•  Scope, • Quality, • Schedule, • Budget, • Resources, and • Risks.

What is Management? 

Management is the process of getting things done, effectively and efficiently, with and through other people. Management of an organization is the process of establishing objectives and goals of the organization periodically, designing the work system and the organization structure, and maintaining an environment in which individuals, working together in groups, accomplish their aims and objectives and goals of the organization effectively and efficiently Efficiency refers to getting the most output from the least amount of inputs. Because managers deal with scarce inputs—including resources such as people, money, and equipment—they’re concerned with the efficient use of those resources. It’s often referred to as “doing things right”—that is, not wasting resources. It’s not enough, however, just to be efficient. Management is also concerned with being effective, completing activities so that organizational goals are attained.

Effectiveness is often described as “doing the right things”—that is, doing those work activities that will help the organization reach its goals.

PROJECT

A project is unique in the sense that it is not a routine operation, but a specific set of activities designed to accomplish a singular goal. A project is undertaken to achieve planned objectives, which could be defined in terms of outputs, outcomes or benefits. A project is usually considered to be a success if it achieves the objectives according to their acceptance criteria, within an agreed timescale and budget.

Concepts of Project Management

PROJECT MANAGEMENT CONCEPT: Project Management is set of principles, methods and techniques for effective planning of objective-oriented work, to establish a basis for effective scheduling, controlling and planning in management of various steps of the projects.

Project management emerged because of the growing demand for complex, complicated, customized goods and services and expansion of human knowledge. It depends on combination of production/distribution and finally allows a number of disciplines to contribute to the development of goods and services.