Introduction to Project Management
Project management involves planning, executing, and closing projects-work undertaken to achieve
specific goals within a defined timeframe.
Key Principles:
- Scope: What needs to be done.
- Time: The schedule for completion.
- Cost: Budget and resources.
- Quality: Standards and requirements.
- Risk Management: Identifying and mitigating risks.
Project Lifecycle:
1. Initiation: Defining the project at a broad level.
2. Planning: Establishing the scope, objectives, and steps.
3. Execution: Performing the work.
4. Monitoring and Controlling: Tracking performance and progress.
5. Closure: Finalizing and delivering the project.
Basic Tools:
- Gantt Charts: Visual schedule of tasks over time.
- Work Breakdown Structure (WBS): Decomposition of the project into smaller parts.
- Critical Path Method (CPM): Determines the longest path of tasks for project completion.
Conclusion: Project management helps teams deliver successful projects efficiently and effectively
by applying structured processes and tools.