Author : Eva Le Messurier.
Published : Wed, Jan 16 2019 :2 AM.
Format : jpg/jpeg.
Project management is the application of skills, experience, knowledge, methods, and processes to achieve the objectives of a project. It is the body of knowledge regarding projects, i.e., planning, controlling, and reviewing. Project management also involves making sure you complete the project.
Project management, therefore, is the application of techniques, tools, skills, and knowledge to make sure all project requirements are met. Until the middle of the last century, project management was an informal activity.
Think of the last project you had to manage. What documents did you have to create at launch? There would be a project charter and a communication plan, of course. You’d have a broad project plan, a work breakdown structure, and a Gantt chart. You would also have a risk register and a plan to tackle all upcoming issues.
Other project management aims to optimize the allocation of significant inputs and apply them to meet predefined value statement of objectives.
A project management is divided into 5 phases, including: 1. Project conception and initiation; Phase 2. Project definition and planning; Phase 3. Project launch or execution; Phase 4. Project performance and control; Phase 5. Project close.