Project Management
Project management is the discipline of organizing and managing resources in such a way that these resources deliver all the work required to complete a project within defined scope, time, and cost constraints.
A project is a temporary and one time endeavor undertaken to create a unique product or service.
This property of being a temporary and one time undertaking contrasts with processes, or operations, which are permanent or semi-permanent ongoing functional work to create the same product or service over-and-over again.
The successful project management is all about structure, control, sufficient attention to detail and continuously driving action. The role of the project manager is to understand enough project management to apply its structure and ensure that project is successfully completed within the time and cost required. The things you must do as a project manager are:
1. Ensure there is a clear understanding why a project is being done, and what it will produce.
2. Plan the project – to understand how long it will take and how much it will cost.
3. Manage the project – to ensure that as the project progresses, it achieves the objectives you have defined within the time and cost specified.
4. Complete the project properly – to make sure everything produced by the project is of the quality expected and works as required.
Definition of Project Management:
“Project management is the application of knowledge, skills, tools and techniques to a broad range of activities in order to meet the requirements of the particular project. A project is a temporary endeavor undertaken to achieve a particular aim. Project management knowledge and practices are best described in terms of their component processes. These processes can be placed into five Process Groups: Initiating, Planning, Executing, Controlling and Closing.”
Project manager & his Responsibilities:
A project manager is often a client representative and has to determine and implement the exact needs of the client based on knowledge of the firm he/she is representing.
The ability to adapt to the various internal procedures of the contracting party, and to form close links with the nominated representatives, is essential in ensuring that the key issues of cost, time, quality and above all client satisfaction, can be realized
Any type of product or service – buildings, vehicles, electronics, computer software, financial services, etc. – may have its implementation overseen by a project manager and its operations by a product manager.
He project manager needs to be an HRD expert who can motivate the workforce by training and promoting leadership among them, and boost their morale by incentives and promotions.
He has to be conversant with the principles of organization, and be a good judge of people who hasthe ability to place the right man in the right job at the right time.
Learn About
1. Phases in Project Management
2. Classifications of Project Management
3. Project Delay
4. Feasibility Study
5. PM Life Cycle
6. PM Methodologies
7. Functions, Objectives. Characteristics & Importance
