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Project Management

Notes “Approach used to manage work with the constraints of time, cost and performance targets.”

www.mccombs.utexas.edu/faculty/Linda.Bailey/glossary.htm
“This is managing the resources needed to ensure that a project is finished on time and within
budget and to the satisfaction of the end user. Project managers use tools such as PERT and Gantt
charts for scheduling all the tasks that need to be completed. They are conscious of managing
time, scope and resources for a project. To reduce time to complete a project the manager might
decide to employ more workers which would increase costs.”
michaelmnz.tripod.com/dictionary.htm
“The planning, control and coordination of all aspects of a project, and the motivation of all
those involved in it, in order to achieve the project objectives.”
www.ams.mod.uk/ams/content/docs/ils/ils_web/glossary.htm
“Project management is the discipline of defining and achieving targets while optimizing the
use of resources (time, money, people, space, etc). Thus, it could be classified into several models:
time, cost, scope, and intangibles.”

en.wikipedia.org/wiki/Project management

Task With the help of Internet, find out the history of project management.

1.2 Project Management

The successful project management is all about structure, control, sufficient attention to detail
and continuously driving action. The role of the project manager is to understand enough
project management to apply its structure and ensure that project is successfully completed
within the time and cost required. The things you must do as a project manager are:
1. Ensure there is a clear understanding why a project is being done, and what it will produce.

2. Plan the project – to understand how long it will take and how much it will cost.
3. Manage the project – to ensure that as the project progresses, it achieves the objectives you
have defined within the time and cost specified.

4. Complete the project properly – to make sure everything produced by the project is of the
quality expected and works as required.

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Caution A clear understanding of the project is necessary before a project is initiated and
implemented.
Project Management has emerged because the characteristics of our turn-of-the-century society
demand the development of the new methods of management. Of the many forces involved,
three are paramount:

1. The exponential expansion of the human knowledge;
2. The growing demand for a broad range of complex, sophistical, customized goods and
services; and

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