A project is temporary as it has a defined beginning and end in time, and therefore defined scope and resources. and a project is unique as it is not a routine operation, but a specific set of operations designed to accomplish a singular goal. So a project team often includes people who don't usually work together - sometimes from different organizations and across multiple geographies.

The development of software for an improved business process, the construction of a building or bridge, the relief effort after a natural disaster, the expansion of sales into a new geographic market - all are projects. And all must be expertly managed to deliver the on-time, on-budget results, learning and integration that organizations need.

Project management, is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.

Project management processes fall into five groups:

  1. Initiating .

  2. Planning.

  3. Executing

  4. Monitoring and Controlling

  5. Closing


Project management knowledge draws on ten areas:

  1. Integration

  2. Scope

  3. Time

  4. Cost

  5. Quality

  6. Procurement

  7. Human resources

  8. Communications

  9. Risk management

  10. Stakeholder management

All management is concerned with these, of course. But project management brings a unique focus shaped by the goals, resources and schedule of each project. The value of that focus is proved by the rapid, worldwide growth of project management:


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