Preview

Define Project

Good Essays
Open Document
Open Document
3755 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Define Project
[pic]

Topic 1: Define project

What is a project?

A project is the defined set of planned and managed activities carried out for a period of time — with a defined start and end date. A project is designed to yield a set of products or services as agreed with the project clients and stakeholders. It has a lifecycle which is the process by which the project is undertaken.

Five features that differentiate projects from ordinary work are that they:

• have defined beginning and end dates

• have a unique purpose with specific objectives that meet the client goals and requirements within specified quality and performance criteria

• use resources, such as money, time, people and equipment that have been allocated to the project

• usually follow a planned and structured approach to meet their objectives

• have a primary sponsor or stakeholder who provides direction and funding.

Projects can be simple and easily handled by one person or large and complex projects requiring many resources and the specialised skills of a dedicated project manager and team.

What is project management?

Project management is about striving to meet specific time, cost, quality and resource objectives. At the same time it must facilitate the entire process so as to meet the needs and expectations of all people affected by project activities.

Project management is about making change through the use of techniques, tools and resources that manage change throughout the life of the project.

Project management involves the project manager and team applying knowledge, skills, tools and techniques to project activities to achieve the requirements of the project. It is a continuous process utilising planning, organising, monitoring and controlling in all aspects of the project to achieve external and internal objectives. It also encompasses the closure and evaluation of the project. Managing a project

You May Also Find These Documents Helpful

  • Good Essays

    Pm567 Quiz 1

    • 1787 Words
    • 8 Pages

    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 the stakeholders whether it is as quick as possible or maybe inexpensive ad possible.…

    • 1787 Words
    • 8 Pages
    Good Essays
  • Best Essays

    CIPD - 5DPP

    • 3309 Words
    • 14 Pages

    Project management is defined by, ‘initiating processes - clarifying the business need; planning processes - detailing the project scope; executing processes - establishing and managing the project team; monitoring and controlling processes - tracking performance and taking actions; closing processes - ending all project activity’ (Portny 2012)…

    • 3309 Words
    • 14 Pages
    Best Essays
  • Powerful Essays

    ILM M3:02, M3:03, M3:04

    • 2339 Words
    • 10 Pages

    Project Management is the employment of knowledge, skills, tools and techniques to meet project needs, and it is accomplished by the application and integration of the project management processes of initiation, planning, executing, monitoring, controlling and closing.…

    • 2339 Words
    • 10 Pages
    Powerful Essays
  • Better Essays

    Project Management Plan

    • 4162 Words
    • 17 Pages

    Project Management provides the project with a responsibility hierarchy used to resolve issues that will affect the timely completion of the project. The Project Manager is ultimately responsible for the timely completion of the project but can only do so with the support of Senior Management.…

    • 4162 Words
    • 17 Pages
    Better Essays
  • Powerful Essays

    Organizations leaders are facing difficult challenges because of the rapid changes in government and technology, which has created pressure in organizations. The aforementioned changes have made way for a new type of management; project management, far different from the traditional structure for managing. This document will describe the definition of a project. The paper will also touch basis on the basic phases of the project life cycle and their purposes, and why it is important for organizations to use project management to accomplish tasks.…

    • 1109 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Project management creates a system whereby workflow is measured and accounted for, ensuring that resources are used judiciously in fulfilling the goals of the project. Managing projects from start to finish can help control project costs and help a project manager retain control over his budget, identifying problems or issues before they turn into roadblocks. Effective project managers make determinations about appropriate staffing and team formation in the early stages of project planning.…

    • 687 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Project Management

    • 1126 Words
    • 4 Pages

    Project management is one of the most important and critical tool or technique, which defines the entire course of development of any kind of project.…

    • 1126 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    Project management is the discipline of planning, organizing, securing and managing resources to bring about the successful completion of specific project goals and objectives.…

    • 330 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    A project is a series of jobs\tasks whose successful completion is required to meet the required output of a project. Prior to starting a project senior management must select one of three possible structuring projects. These three organizational structures are Pure Project, Functional Project, and Matrix Project, all have advantages and disadvantages that must be considered to ensure a project’s success.…

    • 1624 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    A project is a series of inter related activities aimed at achieving well-defined objectives. A project has a specific start and finish. Project management is a logical process that helps people define, plan, and implement projects; it allows them to better manage resources (i.e. people , time, materials, and money)[Donnelly, Richard G., and Deborah S. Kezsbom]…

    • 1436 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    Kerzner (Kerzner, 2009) defines project management as the planning, organising, directing and controlling of resources for a relatively short-term objective that has been established to complete specific goals and objectives.…

    • 2554 Words
    • 11 Pages
    Better Essays
  • Satisfactory Essays

    Volkswagen Mexico Case

    • 459 Words
    • 2 Pages

    All companies are faced with completing projects, whether it is to make a product, complete a service or an outcome such as a research project. Project Management helps to ensure that the projects are done effectively and efficiently. Project management is the “application of knowledge, skills, tools, and techniques to meet the project requirements.” (Project management body, 2008) There are 5 process groups associated including initiating, planning, executing, monitoring and controlling, and closing. Managing a project is complex, a Project manager needs to define and identify requirements, needs, concerns, and balance constraints such as recourses, schedules, budget and risks.…

    • 459 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Project management is the discipline of planning, organizing, securing and managing resources to bring about the successful completion of specific project goals and objectives. It is sometimes conflated with program management, however technically that is actually a higher level construction: a group of related and somehow interdependent engineering projects.…

    • 2680 Words
    • 11 Pages
    Powerful Essays
  • Better Essays

    Project management has come a long way from its humble beginnings; it has change drastically to something that is useful and important in today's business environment. From its quality, delivery and cost control are taking precedence in businesses, government organizations to nonprofit organizations. Project management allows managers an extra hand in planning, creating and executing strategic initiatives that will result in generating new…

    • 925 Words
    • 3 Pages
    Better Essays
  • Good Essays

    Project management is more complicated and extensive than people think. One definition of project management is “the process of guiding a project from its beginning through its performance to its closure.” There are three operations that project management entails: planning, controlling, and organizing. These operations are seen from beginning to end. In project management it is important to keep many challenges of project management in mind so you can control, plan, and organize your projects successfully. Project management requires detailed planning for its success, projects are unique and their budgeted accordingly, conflict prone, and projects require creative and fluid teams. Organizations will use project management to give members the responsibility and authority to achieve a goal of the organization. There are four types of project categories: derivative, platform, breakthrough, and R&D projects.…

    • 605 Words
    • 3 Pages
    Good Essays

Related Topics