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PROJECT
MANAGEMENT
Project Management is the discipline of planning, organizing, securing
and managing resources to bring about the successful completion of specific
project goals and objectives. A project is a temporary endeavor, having
a defined beginning and end (usually constrained by date, but can be by
funding or deliverables) undertaken to meet unique goals and objectives,
usually to bring about beneficial change or added value.
The temporary nature of projects stands in contrast to business as usual
(or operations) which are repetitive, permanent or semi-permanent functional
work to produce products or services. In practice, the management of these
two systems is often found to be quite different, and as such requires
the development of distinct technical skills and the adoption of separate
management.
The
primary challenge of project management is to achieve all of the project
goals and objectives while honoring the preconceived project constraints.
Typical constraints are scope, time and budget. The secondary - and more
ambitious - challenge is to optimize allocation and integration of inputs
necessary to meet pre-defined objectives.
Project Mangement is about doing Projects Right (Project
Management is about developing a plan and adjusting coarse as constraints
are identified and to achieve the pre-determined outcome as planned).
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