Basic Principles Of Project Management
Project management is a composite activity with multiple dimensions. Depending on the type and class of project, this management activity can be very complex. To begin with, we should be clear on what we mean by project management - not in terms of the traditional definitions but in terms of the scope of this management activity.
In a nutshell, project management is the discipline of planning, organizing, securing, managing, leading, and controlling resources to achieve specific goals. A project is a temporary endeavor with a defined beginning and end (usually time-constrained, and often constrained by funding or deliverables), undertaken to meet unique goals and objectives, typically to bring about beneficial change or add value.
The primary challenge of project management is to achieve all of the project goals and objectives while honoring the pre-defined constraints. The primary constraints are scope, time, quality and budget. The secondary and more ambitious challenge is to optimize the allocation of necessary inputs and integrate them to meet pre-defined objectives.