Project Management : A Relatively Young Field Of Professional Discipline

The paper is divided into three sections, the first of which will establish a timeline of events. This project background will serve as a case study for the analysis in the following section that will be structured such that each of the previously mentioned facets will be independently analyzed and contrasted with project management principles. Finally the paper will conclude with a summary of the analysis and recommendations based on

In the current business environment, the demand for project managers is ever growing. In short, project management is a provisional project constrained by time, cost and scope (A guide to the project management body of knowledge, 2013). Between the immense organization, optimization, and communication assets skilled project management brings to a project, it is easy to see why project management is a booming field of study. Furthermore, project management can be both financially and personally rewarding when long term milestones and goals come to fruition.

In this paper, I, a student of University of Phoenix will explain and discuss project management. I will address three main points. I will first answer what is a project. Secondly, I will discuss what are the basic phases of the project lifecycle and their purpose. Finally, I will explain why it 's important for organizations to use project management to accomplish tasks.

In this paper the word ‘project” is defined, discussed and elaborated on. The phases of a project lifecycle and its purpose are to be discussed, and how it is important for organizations to use project management to accomplish tasks will in conclusion be discussed thoroughly. The indisputable word ‘Project” may be defined in numerous unusual ways, some can all have the same meaning and others can mislead a reader. The definition that accurately explains what a project is, comes from the Houghton Mifflin Company (2009) website stating; “something that is contemplated, devised, or planned; plan; scheme.” A definition that can mislead a reader is this definition from the same website just two paragraphs

The element of management that specifically associated with the management of the projects is known as Project Management. Inevitably, the stance of project management can be extremely productive and effective for the organizations in particular (Bolles D & Hubbard, 2007). Most of the organizations are now looking forward to consider New

To start with, project management could be defined as the process that companies need to carry off in order to maximise the shareholders ' value. On the other hand, in current life individuals sign projects all the time, of course not on a professional level, in a sense that they define objectives and work on the processes to benefit in their lives. Pritchard & Ashwood’s (2007) emphasize the individual’s ability to choose from alternative actions in order to satisfy their needs. It is important, however, to mention that effective projects have an effective design as well as an effective team.

The purpose of this paper is to recommend that Project Management is a concept that focuses on the dynamic characteristics of a multi-facetted organization. In such a changing situation, effective communication is a characteristic that should be stressed and becomes the most important tool for the project manager and team members.

Project management in the mordern time started in the 1950s and this was motivated by businesses that came to the realisatiion of the benefits of organising work around projects, and the importance of communication and cordination of work across various department and professions.

The idea of project management is a broad, and vital part of the professional workplace. Often, project management is neglected by most, and its function within society including business, families, and schools is important to the progress of success in all areas of life. The origin of project management is to create a group of individuals, small or large depending on the size of the company, and use their combined efforts to complete an objective. Every business, company, and organization has a different technique when it comes to appointing a project manager, or managing a project as a group. However, these institutions often use a basic set of principles that have been shown to be helpful in completing a project.

In adding up to the definition by Project Management Institute which was submitted at the beginning of this proposal, a substantial numbers of experts have defined project management. Kerzner (2009) stated that project management is the application of knowledge, expertise and skills, and the best technical way with limited resources in the company to achieve specific targets in order to achieve optimum results in terms of performance, time, quality and safety. Based on this perspective, it is found that project management is a set of practical understanding and skills which project managers need in accomplishing their project in organizations for satisfying result, Nicholas and Steyn (2012). However, the application of project management

Companies these days are turning to project management to consistently deliver business results and to stay ahead of the pack in today’s competitive and chaotic global economy. Project Management is in fact elaborated as project, program and portfolio management. More companies these days clearly sees the payoff from investing time, money and resources to build organizational project management expertise which ultimately benefits the company with greater efficiencies, improved customer and stakeholder satisfaction and greater competitive advantage.

A new edition of the most popular book of project management case studies, expanded to include more

Project management involves starting, planning, acting, control and the closure of a team’s work so as to achieve specific set objectives. A project is defined as a temporary endeavour which is formulated to give birth to a unique product, service or a result which had fore-shadowed beginning and end. It is usually taken to meet specific goals and objectives which bring out added advantage (Dunne and Dunne, 2011).

Project management is a establish approach in which we manage and controlling the new ideas. After that on later stage we will give shape to these ideas within the specific time and budget. Project management is not a small task or job. It is a whole process of managing the thing into right ways. Project Management uses lots of tools to measure and check the completed task. On the base of that tools Project Management decide whether it is feasible to continue or replace the resources or tools accordingly. Definition of project Management mention bellow that what project management it is:

three main industries that practise project management is conducted. This paper focusses on the application of