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What Does Project
Management Incorporate?
Help manage your resources and deliver all your projects within defined
scope, quality, time and cost constraints.
Project management includes developing your plan, defining goals and
objectives, specifying tasks or how goals will be achieved, documenting
what resources are needed, and creating associated budgets and timelines
required for completion.
Introduction to Project Management
by Bharat Bista
Project management is the procedure of systematizing and managing resources in such a way
that these resources deliver and execute the task required to accomplish a project within
a defined range, time, and cost constraint. Furthermore, it is the management approach of
setting and attaining goals while optimizing the use of multiple resources such as time,
funds, manpower, equipment, energy, space etc. over the course of a project.
Project management is an art and a science, an artistic science with a goal driven methodology.
Literally almost all the individual and business activity involves carrying out a non-repetitive
task to achieve their definite goals.
So we all practice project management? Not necessarily!
A project is always provisional and a one-time attempt undertaken to achieve some specified result
or outcome with definite start and end points. Each project must have a procedural and scientific
approach. This art of management secures optimum results with nominal efforts resulting in maximum
prosperity and contentment both for employees and employers.
The characteristics of projects being interim or a one-time undertaking can differentiate it from
operations that are permanently enduring functional work to create the same outcome. However, there
is a big difference between carrying out very simple tasks involving few individual business goals
versus projects that involve complex blends of people, resources, budgets, workforces, and time
constraints.
Therefore, this result oriented management process with technical skills and philosophy, scientific
procedure and organizational methodology, results the requirement and development of project management today.
Any venture that is a collection of linked activities with a clearly defined start and finish point
carried out in an organized manner, to achieve some specified goals is a project; and to make it
successful it entails a management system.
To make a particular project successful it requires an effective solution that delivers to the
standards required and within the established time and cost constrains. Project management is
a series of activities embodied in a process of getting things done by working with members of
a project team in order to reach the project schedule, cost and technical performance objectives;
in addition combining the systems, techniques and workforce to control and monitor activities undertaken
within the project.
Project management coordinates the resources necessary to complete the project successfully. The main
objective of project management is a successful project execution. A project will be deemed successful
if it is completed at the specified level of quality, on time and within budget.
Prime characteristics of project management are as follows:
1. Objectives oriented.
2. Change oriented.
3. Functional coordination.
4. Planning and control.
5. Constrains of time, cost, and quality.
6. Unique art.
7. Knowledge of multiple sources.
8. Better utilization of sources and tools.
Technical competencies for successful project management:
1. Risk Management
2. Integration Management
3. Scope Management
4. Procurement Management
5. Time Management
6. Communications Management
7. Budget Management
8. Quality Management
9. Human Resource Management
Project management ensures responsibilities clearly defined and resources focused on
specified objectives. The project management process also provided a structure for
communication within and across organizational boundaries. All the projects share similar
features and follow similar processes. This has led to the development of project management
tools and techniques that can be applied to all projects, no matter how diverse; however this
managing process may face a variety of challenges as well.
Successful project management always is result oriented and should envelope its goals as follows;
1. Project must be completed.
2. Project must be competed within the budget.
3. Project must be completed within allocated time.
4. Project must perform to satisfaction.
Possibly because project management is so much associated with information
technology (IT) these days, many relate "project management" only with technical
skills; however in spite of the technological advancement, it is yet a universal
fact that the human creative workforce lie at the heart of any organization and
its systems, to overlook this artistic side of project management can lead to
project mismanagement, resulting to project failure.
The fusion of art and science by developing a proficiency in the art and expertise in the science,
a project management plan can boost the success velocity for their projects, and will be better
able to accomplish projects on time and on budget, without sacrificing quality.
Project Management Blog
Journyx Project Management Blog
Project management and other news from your pals at Journyx
• What?s the Big Idea?
by Newsboy
4 Jan 2009 at 11:00pm
I was watching a program on National Geographic the other day about Egypt under Cleopatra. The program discussed how Alexandria was a major think tank, a place where people were employed simply to use their brains. The library was so extensive and learning so valued that when Egyptians searched ships coming into their [...]
• Make Yourself Impossible to Fire
by Newsboy
1 Jan 2009 at 11:00pm
The best to survive a recession is to depend on the public sector. You have to work really hard to get fired from the public sector. The biggest mass murderer in British history was Doctor Harold Shipman. He may have killed between 150 and 250 patients. He only got struck off by the General Medical [...]
• This Project Needs a Leader ? Now!
by Newsboy
30 Dec 2008 at 11:00pm
What Matters Most?
Technical competency is not the most important skill for a project manager. Neither is building a good schedule, nor monitoring issues and tracking down open action items. First and foremost, project managers must be effective leaders.
I can?t overstate the importance of leadership skills for a project manager. In [...]
• Give Me a Break
by Newsboy
28 Dec 2008 at 11:00pm
Okay, so we’ve talked about giving to your colleagues, your customers, and to other companies through the products or services you provide. Can anyone think of something we might have left out this holiday season?
How about giving yourself a gift for all the hard work you did all year?
It’s called PTO, and we all [...]
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project management - Google News
project management - Google News
• Striking New Project Management Tools Released - MSNBC
6 Jan 2009 at 3:58am
Striking New Project Management Tools Released
MSNBC - 10 hours ago
LA HABRA, CALIFORNIA - Today, Method123 Ltd released new Project Management tools for improving project success. Aptly named the Method123 Project ...
Change for success ComputerWeekly.com
all 8 news articles
• Top 10 project management trends for 2009 - Reliable Plant Magazine
6 Jan 2009 at 1:26pm
Top 10 project management trends for 2009
Reliable Plant Magazine, OK - 1 hour ago
ESI International revealed the 2009 Top 10 project management trends that will impact both private and public sector organizations this year. ...
ESI lists top 10 business analysis trends for 2009 Reliable Plant Magazine
all 2 news articles
• Metrics that Matter in Agile Projects - TMCnet
6 Jan 2009 at 8:52am
Metrics that Matter in Agile Projects
TMCnet - 6 hours ago
Agile project management is on a large part about managing people. Studies show that overall team morale is directly related to the level of individual ...
What Agile Methods Mean to Your Process, People, and Products ITworld.com
Agile Development - Is it Right For You? IT-Director.com
all 3 news articles
• Danube's ScrumWorks Pro Named Finalist for 19th Annual Jolt ... - PR Newswire...
6 Jan 2009 at 8:39am
Danube's ScrumWorks Pro Named Finalist for 19th Annual Jolt ...
PR Newswire (press release), NY - 6 hours ago
"Our 100 percent commitment to the Scrum process has resulted in a very practical and easy-to-use project management tool that helps development teams of ...
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