More specifically, what is project? It’s a temporary endeavor (effort) undertaken to create a unique product, service or result.
A project is temporary means that ; it has a defined beginning and end in time, and therefore defined scope and resources.
A project is unique means that ; it is not a routine operation, but a specific set of operations designed to accomplish a singular goal.
A project team often includes people who don’t usually work together-sometimes from different organizations and across multiple geographies.
Examples of projects:
-Development of software for an improved business.
- Construction of a building, or a bridge.
- Expansion of sales into a new geographic market.
-Development of software for an improved business.
- Construction of a building, or a bridge.
- Expansion of sales into a new geographic market.
Project Management is then the application of knowledge, skills, tools and techniques to project activities to meet the project requirements.
Project management is accomplished through the appropriate application and integration of the 47 logically grouped project management processes, which are categorized into five Process Groups.
These five Process Groups are:
- Initiating
- Planning
- Executing
- Controlling and Monitoring
- Closing
- Initiating
- Planning
- Executing
- Controlling and Monitoring
- Closing
Due to the potential for change, the development of the project management plan is an iterative activity and is progressively elaborated throughout the project’s life cycle.