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...project management? definition of PM.

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Question by reshma
Submitted on 3/17/2004
Related FAQ: Project Management Programs - Frequently asked Questions (FAQ)
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what is project management?
definition of PM.



Answer by yethiajam
Submitted on 3/29/2004
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hi,
if a project is termed as a temporary endeavour undertaken to create a unique product or serivice with limited  resources.
then project management can be termed as a smart way of completing the project.
u might not necessarily need to be techinical specialist to achieve the task, but u need to be clear in you ideas, resources, task, scope, regulations, riska involved and time frame.

u can send comments at yethirajam@rediffmail.com

 

Answer by Prof Steve
Submitted on 2/21/2005
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reshma. According to my manual, Project management is a complex, non-routine, one-time effort limited by time, budget, resources, and performance specs designed to meet customer needs. I feel the major characteristics of a project are 1. an established objective. 2. A defined life span with a beginning and an end. 3.Usually the interactive involvement of several departments and professionals. You are not alone. 4.Typically, doing something that has never been done before. 5. Specific time, cost, and performance requirements.  The GANTT chart will help to visually define these issues.....Professor Steve

 

Answer by Thabs
Submitted on 2/27/2005
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It is a temporary process which has been clearly defined to have a start and an end time, it must have tasks and budget to achieve the desired goals

 

Answer by Mohsin Ali Zain
Submitted on 6/9/2005
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Project Management:
The application of knowledge, skills, tools and techniques to a broad range of activities to meet the requirements of the particular project, is known as Project Management.
Project management knowledge and practices are best described in terms of their component processes.

Project Management Process:
These processes can be placed into five process groups:
1.   Initiating
2.   Planning
3.   Executing
4.   Controlling
5.   Closing

There are nine basic knowledge areas:
1.   Project Integration Management
2.   Project Scope Management
3.   Project Time Management
4.   Project Cost Management
5.   Project Quality Management
6.   Project Human Resource Management
7.   Project Communications Management
8.   Project Risk Management
9.   Project Procurement Management

 

Answer by chandrasekar
Submitted on 2/28/2006
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Project management is the application of knowledge, skills, tools and techniques to a broad range of activities in order to meet the requirements of the particular project. A project is a temporary endeavor undertaken to achieve a particular aim. Project management knowledge and practices are best described in terms of their component processes. These processes can be placed into five Process Groups: Initiating, Planning, Executing, Controlling and Closing.

The leadership role which plans, budgets, co-ordinates, monitors and controls the operational contributions of property professionals, and others, in a project involving the development of land in accordance with a client's objectives in terms of quality, cost and time.

A controlled process of initiating, planning, executing, and closing down a project.

Both a process and set of tools and techniques concerned with defining the project's goal, planning all the work to reach the goal, leading the project and support teams, monitoring progress, and seeing to it that the project is completed in a satisfactory way.

The application of modern management techniques and systems to the execution of a project from start to finish, to achieve predetermined objectives of scope, quality, time and cost, to the equal satisfaction of those involved.

The application of modern management techniques and systems to the execution of a project from start to finish, to achieve predetermined objectives of scope, quality, time and cost, to the equal satisfaction of those involved.

The application of modern management techniques and systems to the execution of a project from start to finish, to achieve predetermined objectives of scope, quality, time and cost, to the equal satisfaction of those involved.

The methods and disciplines used to define goals, plan and monitor tasks and resources, identify and resolve issues, and control costs and budgets for a specific project.

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.

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.

 

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