Project management can be put to mean the process of utilizing appropriated resources in leading the work of a team to achieve clearly stated goals and meet success criteria at a specified time. The primary challenge of project management is to achieve all of the project goals within the given constraints.
In a company, a project management department is needed for this cause and where there is a project management department in a company, it’s duty is regularly develop standard methods and tools. The company focuses attention especially on successful projects, and organizes career development in project management.
For a project to be successful, a project manager needs to be appointed who will bear the risks from start to completion of a project.
Every project manager needs to work with a steering committee. Steering a project, like steering a boat, is above all a question of keeping your heading and reaching an objective.
1. A project manager needs to define a heading before starting out: The project management triangle of your project’s performance, cost and deadlines
2. A project manager needs to perform the four project management tasks: scheduling, executing, measuring, managing variances(managing variances ought to be done on a regular basis).