Project Management - Video

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 beginning
through its performance to its closure. Project management includes three
basic 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