The Importance and Implementation of Project Management

The study of Project Management typically consists of learning the tasks and challenges fundamental to managing complex projects across multiple functions. This includes objective setting and project design; managing without influence to gain the support of stakeholders and access to resources not directly under their management control; planning, scheduling, budgeting and monitoring; and risk assessment and management.

As with Human Resources, Project Management is a functional area of business that is currently evolving to meet the changing demands of the modern business. Whereas in the past Project Management could be described as taking a task from start to finish, in the modern workplace there is much more emphasis on ensuring a task is completed as efficiently as possible with little or no downtime between projects.

‘Project management is the application of knowledge, skills, tools and techniques to project activities to meet the project requirements’ (Project Management Institute, 2009, p12). Once a project has been approved a project manager is assigned to the project, and ‘is expected to integrate all aspects of the project, ensure that the proper knowledge and resources are available when they are needed, and ensure that the results are produced in a timely, cost-effective manner’ (Meredith and Mantel, 2010, p5). In order to allow this to happen there are several key aspects of a project which need to be carefully thought out and controlled.

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.

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

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.

According to Doctor Talley slide on Project management and also in line with Jack Meredith & Samuel j. Mantel, project management was defined as “The application of knowledge, skills tools and techniques to project activities to meet the project

Project management: “the application of knowledge, skills, tools, and techniques to project activities in order to meet

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).

What is project management? Project management is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements. (PMBOK 2004)

Project management consists of primarily development and execution of an arrangement of interconnected activities to ultimately receive one common project goal. When dealing with any type of project, it the project managers responsibility to utilize a known project management process (Project Management Institute, 2004). Within the project management tasks, they can be categorized into five main procedures: initiation, planning,

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.

Project management is ovary found in many scenarios. It is a universal practice that comprises few basic concepts. In essence, every project in the world will require project management. Project management has different sides and variations. Nonetheless, the basic principles are the same for the different varieties. It is important to note that each variation has unique features. These features are used to address unique problems and conditions as specified by each domain. Two types of project management exist. The two are traditional project management and modern project management.

Project management is a series of steps taken in sequence to manage a project through all phases from conception to completion. The steps are documented in a strategic plan. The plan is used to ensure that all parties are working towards a common goal. Project management requires applying knowledge, skills, tools and techniques to specific activities in accordance with established standards and guidelines. There are five basic functions of project management: planning, organizing, staffing, directing, and controlling. Basic activities of project management include: identifying project requirements to define the outcomes; addressing various needs, concerns and expectations of others; setting up, maintaining and carrying out communications; managing others; creating project deliverables; and balancing competing project constraints.