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Project Management, Then, Is The Application of Knowledge, Skills, Tools, and

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0% found this document useful (0 votes)
33 views

Project Management, Then, Is The Application of Knowledge, Skills, Tools, and

Uploaded by

Mbdin Institute
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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A project is 

temporary in that it has a defined beginning and end in time, and


therefore defined scope and resources.
And a project is unique in that it is not a routine operation, but a specific set of
operations designed to accomplish a singular goal. So a project team often
includes people who don’t usually work together – sometimes from different
organizations and across multiple geographies.
The development of software for an improved business process, the
construction of a building or bridge, the relief effort after a natural disaster, the
expansion of sales into a new geographic market — all are projects.
And all must be expertly managed to deliver the on-time, on-budget results,
learning and integration that organizations need.
Project management, then, is the application of knowledge, skills, tools, and
techniques to project activities to meet the project requirements.
It has always been practiced informally, but began to emerge as a distinct
profession in the mid-20th century. PMI’s A Guide to the Project Management
Body of Knowledge (PMBOK® Guide) identifies its recurring elements:
Project management processes fall into five groups:

1. Initiating
2. Planning
3. Executing
4. Monitoring and Controlling
5. Closing

Project management knowledge draws on ten areas:

1. Integration
2. Scope
3. Time
4. Cost
5. Quality
6. Procurement
7. Human resources
8. Communications
9. Risk management
10. Stakeholder management

All management is concerned with these, of course. But project management


brings a unique focus shaped by the goals, resources and schedule of each
project. The value of that focus is proved by the rapid, worldwide growth of
project management:

 as a recognized and strategic organizational competence


 as a subject for training and education
 as a career path

Quick Links

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