What is project management?

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Project Management - as defined by the international standard ISO 21500, adopted by the Governments of the United States, the EU and the Russian government in September 2012 - the use of methods, tools, techniques and expertise to the project. The very concept of "project" in ISO 21500 is defined as a unique set of processes consisting of coordinated and managed tasks with start and finish dates, undertaken to achieve the goal. Achieving the goals of the project requires the results according to some requirements, including restrictions on the results, such as time, money and resources.

Project management - in accordance with the definition of the national standard ANSI PMBoK - sphere of activity in which are defined and clear objectives of the project are achieved by balancing between the amount of work, resources (such as money, labor, materials, energy, space, etc.), time, quality and risk management. A key factor in the success of project management is to have a clear pre-determined plan to minimize the risks and deviations from the plan effective change management (as opposed to the process, functional management, service level management).

Project management - in accordance with P2M - a combination of science and art, which are used in professional areas of the project, the project to create a product that would satisfy the project's mission, by providing a reliable team of the project, effectively combining technology and management methods, creates the most value and demonstrates effective results.

The products of the project may be products of the enterprise (the results of scientific and market research, design and technological documentation for a new product designed for the customer) and the solution of various internal production tasks (improving product quality and efficiency of work organization, optimization of financial flows, etc. ).

Project Management is part of the company's management system.

Project Management Templates Can Help You Become A Sucessful Project Manager!!

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