Project Management Planning and Execution

Project Management is a vast and growing field of science which deals with the question of how to manage your projects more effectively.

Project management is defined as the process and activity of planning, organizing, motivating, and controlling resources, procedures and protocols to achieve specific goals in scientific or daily problems. Project management is a process of solving problems, or taking advantage of new business opportunities.

What is a Project?

A project is an activity with a beginning, a specific goal to accomplish, a budget of time & resources, and an end. The goal can be constructing a new apartment building, expanding your business into new product categories, or expanding your distribution network. All projects have constraints of man power, time and money.

The project life cycle
The project life cycle

 

A Project Manager has to be good at getting things done. She should have the technical and interpersonal skills required to complete the project. Her job includes identifying the work that needs to be done, building a schedule, launching the project and monitoring performance to make sure it stays on time and within budget. Strong leadership skills are a necessary trait in a successful project manager.

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