Project management is a defined process which includes, scoping, defining and confirming the project objectives, identification of project goals and how these will be achieved, quantifying the resources needed, and determining budgets and timelines for completion. It also includes managing the implementation of the project plan, along with regular controls and management reports to ensure that there is accurate and objective information on performance relative to the plan, and the mechanisms to implement recovery actions where necessary.
There are a number of project management methods but all follow the same major phases or stages (with various titles for these), including feasibility, definition, project planning, implementation, evaluation and support/maintenance.
Project management designed to deliver projects on time and on budget while minimising disruption to existing work practises or systems. The project management methods and tools that the project managers utilise are tailored to meet the requirements and complexity of the individual project scope. Project management techniques and project planning tools are useful for any tasks in which different outcomes are possible - where exposure to risks or failures exist - and so require planning and assessing options, organizing activities and resources to deliver a successful result.
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