General Project Management
General Project Management
Introduction
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. It involves the
application of knowledge, skills, tools, and techniques to project activities to meet the
project requirements.
Project Lifecycle
The project lifecycle consists of several stages, each essential for the success of the project:
1. Initiation: Defining the project scope, objectives, and stakeholders.
2. Planning: Developing a roadmap to achieve the project's objectives, including schedules,
budgets, and resource allocation.
3. Execution: Implementing the project plan by coordinating resources and managing team
activities.
4. Monitoring and Controlling: Tracking project progress to ensure it stays on track and
within budget.
5. Closure: Finalizing all activities, delivering the completed project, and obtaining
stakeholder approval.