Project Management 101

Thursday, March 16, 2006

What is Project Management?

Simply put, it is the application of knowledge, skills and tools and techniques to accomplish the project objectives. There is always 1 or more product when a project completes or is terminated, often called deliverables.

Throughout history, we know of many great projects like the building of the great pyramids, the Taj Mahal, the Titanic, St Peter's Basilica in Rome and many more ancient and modern buildings, bridges, and machines.

It was only in recent times, perhaps in mid-50s, that project management was recognised as a tool and profession.

There are processes involved in project management which needs to be managed by a Project Manager, and is assisted and executed by the project team.

The Project Management Institute (PMI) defines these processes as Initiating, Planning, Executing, Monitoring and Control, and Closing.

These processes are broadly defined as Process Groups. Each of these process groups have defined processes, which fall under a defined Knowledge Area.

According to PMI, the 9 knowledge areas are:
Integration Management
Scope Management
Time Management
Cost Management
Quality Management
Human Resource Management
Communication Management
Risk Management
Procurement Management

In subsequent articles, I will talk about the knowlegde areas and Process Groups in detail.


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