Project Management Specific outcomes: Products or results
Definite start and end dates: Projects don’t go on forever - setting schedules and keeping them
Established budgets: Required amounts of people, funds,
equipment , facilities and information
Project management is the process of guiding a project from its beginningthrough its performance to its closure. Project management includes threebasic operations: Planning: Specifying the desired results, determining the schedules, and
estimating the resources
Organizing: Defining people’s roles and responsibilities
Controlling: Reconfirming people’s expected performances, monitoring
actions and results, addressing problems, and sharing information with
interested people
Successfully performing these activities requires: Information: Accurate, timely, and complete data for the planning, performance
monitoring, and final assessment
Communication: Clear, open, and timely sharing of information with
appropriate individuals and groups
Commitment: Team members’ personal promises to produce the agreedupon
results on time and within budget