Project Management : A Unique Product, Service, Or Result?

With the exceptional growth in technology, the present day projects are often large and complex involving a significant risk. So, a Project Management Methodology enables the delivery organization to handle these projects comprehensively, systematically and in an integrated manner, which results in strategic, tactical and operational benefits.

A project manager must be a skillful planner and can inspire his or her team to produce as needed. Per LaBrosse (2007), project management can be used throughout the organization to boost personal and collaborative productivity by building a standardized system that embeds best practices into the way projects are managed” (p.26).

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.

Project management is short term; it has a beginning, an end, and has identified steps to take throughout the process. The steps of project management are as follows: proposal, initial investigation, detailed investigation, development and testing, trial, operation and closure, as well as, the evaluation. There are measurable benefits to using project management within an organization for certain key objectives or processes that need

Project Management can be used in everything you do in life; both personal and work related.

Project management is the performance based process focus on one o more deliverable. It is the process of identifying a problem or need coming up with possible solution, deciding on the best one and completing the project in a manner that is acceptable to

Project Management is the art of arranging, sorting out, spurring, and controlling resources to attain specific objectives. A project is a brief endeavor intended to deliver a unique product, service, attempted to meet extraordinary objectives and goals, commonly to achieve helpful change or included quality.

Any successful project management, regardless of the organizational structure, is only as good as the individuals and leaders who are managing the key functions. Project management is not a single-person operation; it requires a group of individuals dedicated to the achievement of a specific goal.

Project management is defined by BusinessDictionary.com as, “Approach to management of work within the constraints of time, cost, and performance requirements.” Project management requires careful planning and studying all of the factors involved with in the project. Project Managers must first establish the needs of the stakeholders and provide a project plan which includes the cost and time frame the project will be completed. In addition, projects requirements should be clear and concise to ensure the Project Manager stays within

Project management is the discipline of planning, organizing, and managing resources to bring about the successful completion of specific project goals and objectives. It is often closely related to program management (Wikipedia).

Using project management offers a business a way for dealing with considerably lowered phase times. With businesses operating internationally projects that can have an effect on the company as a whole are not easy to manage without a proper line of attack. For this, project management would help cross functional teams to be more successful.

So, let 's start with a general definition of "project management". Very simply, project management (PM) is just another way to get things done! However, as businesses and technologies have matured, so has the 'science ' of PM, in lock-step with the nature and scope of business today - global, distributed, matrixed and virtual. It may be easy to get a single task done between a supervisor and their employee when they both sit in the same building, across the hall from each other. The supervisor asks, the employee delivers. However, the nature of work has changed. It has become global - project team members may be comprised of people on multiple continents and time zones. Work has become distributed - a single, complex task can be

Project management is not only useful in the working environment, but it could also become great skills that can be used for all life projects that we do through out our life.

Effective and efficient project management is crucial in every organization, despite the type of the business and the size of the organization. It is very important for a project manager to closely manage and monitor the project right from its inception to successful delivery of project with the help of team collaboration.

Project management is the discipline of initiating, planning, executing, controlling, and closing the work done by a team to complete specific goals and meet specific success criteria. By definition, a project is a temporary work service with a defined start and end which will produce a unique product or service to bring valuable changes. Most of the time, projects are provided with limited resources in the form of time and/or funding. The nature of projects is opposed to the operations of a business which are repetitive activities to produce products or services. They support the businesses growth and need different types of management. The main challenge when managing a project is to reach a satisfying level of completion