Project Management Definition: the application of knowledge, skills, tools and techniques in project activities to meet project requirements.
The term project management is sometimes used to describe an organisational or managerial approach to managing projects and some operations.
The wikipedia definition states that “Project management is the discipline of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria.” Source: Wikipedia
What is a project?
An objective made up of defined processes and tasks that will run in a set period of time within a budget and resources.
- Unique in nature
- Defined timescale
- Approved budget
- Limited resources
- Element of risk
- Achieve beneficial change
Characteristics of the process of a project:
- Defined boundaries
- In line with business goals