PRINCE2™ is a Trade Mark of the Office of Government
Commerce.
Project Management is the discipline of planning, organizing,
and managing resources to bring about the successful completion of
specific project goals and objectives. A project is a finite
endeavor--having specific start and completion dates--undertaken to
create a unique product or service which brings about beneficial
change or added value. This finite characteristic of projects
stands in sharp contrast to processes, or operations, which are
permanent or semi-permanent functional work to repetitively produce
the same product or service. 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 philosophy, which is the subject of
this article.
The primary challenge of project management is to achieve all of
the project goals and objectives while adhering to classic project
constraints--usually scope, quality, time and budget. The
secondary--and more ambitious--challenge is to optimize the
allocation and integration of inputs necessary to meet pre-defined
objectives. A project is a carefully defined set of activities that
use resources (money, people, materials, energy, space, provisions,
communication, motivation, etc.) to achieve the project goals and
objectives.
- PMBOK (Project Management Body of Knowledge as defined by the
Project Management Institute - PMI):"Project management is the
application of knowledge, skills, tools and techniques to project
activities to meet project requirements."[3]
- PRINCE2 project management methodology: "The planning,
monitoring and control of all aspects of the project and the
motivation of all those involved in it to achieve the project
objectives on time and to the specified cost, quality and
performance."[4]
- PROJECT: A temporary endeavor with a finite completion
date undertaken to create a unique product or service. Projects
bring form or function to ideas or needs.
- DIN 69901 (Deutsches Institut für Normung - German Organization
for Standardization): "Project management is the complete set
of tasks, techniques, tools applied during project
execution"
Project Management Institute (PMI)
For further details call us on +353-1-814
8200 or email info@globalknowledge.ie