Project Management: Principles and Process

Defining Project:

• A project is a temporary and one-time endeavor undertaken to create a unique product or service that brings about beneficial change or added value 
• A project is a temporary piece of work with a finite starting and ending date undertaken to create a unique product or service
• A project is a carefully defined set of activities that use resources to meet the pre-defined objectives 
• Projects bring form or function to ideas or needs.

Defining Project Management:

• Project management is the application of knowledge, skills, tools, and techniques to a broad range of activities in order to meet the requirements of the particular project. 
• Project management is concerned with the overall planning and coordination of a project from inception to completion aimed at meeting the client's requirements and ensuring completion on time, within cost and to the required quality standards. 
• These three (3) project management variables as often referred to as the eternal triangle of project management.

What is project management principles?

Project management is a composite activity with multiple dimensions. Depending on the type and class of the project, this management activity can be very complex. In a nutshell, project management is the discipline of planning, organizing, securing, managing, leading, and controlling resources to achieve specific goals.

Download Also:

• Principles of Management
• Introduction to Project Planning
• Introduction to projects scheduling
• Planning and Schedule Free Templates
• Project Management Templates for Free

The Six Principles of Project Management Principle 

• Vision and Mission.  
• Business Objectives. 
• Standards of Engagement. 
• Intervention and Execution Strategy. 
• Organisational Alignment. 
• Measurement and Accountability.

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