What is Project Management?

  • Date: October 23, 2017
  • Author: Kari Nishek- IS Manager/Sales Manager/Project Manager

We live in a world where there are projects that need to be completed everywhere.  At work, at home, at school, within our organizations and clubs, really everywhere we look we are talking about a project  that needs to be completed.  So have you ever been frustrated on how long a project is taking?  Or been displeased with how much additional a project ends up costing?  Or unhappy with the final result?  If you answered yes to any of these questions than I would like to suggest applying Project Management to your next project. 

 

You might be asking the following questions. 

 

What is Project Management?  

  • Project Management is the application of processes, methods, knowledge, skills and experience to achieve the project objectives. 

 

Why should I use Project Management? 

  •  Project Management is used to produce a quality end product that will provide benefit.  It is the initiation, planning and control of tasks required to deliver this end product.

 

How can projects be completed the most effective and efficient way possible?  

  • The answer is simple, by applying the below core components of Project Management. 
    •  Define the reason why a project is necessary
    • Capture project requirements – deliverables, resources, timelines
    • Prepare a business case to justify the investment
    • Secure agreement and funding
    • Develop and implement a management plan for the project
    • Lead and motivate the project team
    • Manage the risks, issues and changes on the project
    • Monitor project progress against the project plan
    • Manage the project budget
    • Maintain communication with stakeholders and project team
    • Manage the project
    • Document lessons learned for future projects
    • Close the project

 

This has been a simplified explanation of Project Management and how you can apply it to your next project.  Give it a try!  You will find that more of your projects are completed on time, within budget, and with the desired outcome!

 

 

Kari Nishek, PMP