Project management is the application of knowledge, processes, skills, tools, and techniques to achieve specific project objectives and meet success criteria at a specified time.
What is Project Management?
Project
management is defined as a specialty related to the process of organizing and
managing the resources available in projects, such as: human resources or
material resources, in a way through which the project can be successfully
completed in light of the quality, time, and cost factors available.
Project
management expresses the process by which all a company's resources are planned
and organized to accomplish a specific task from A to Z; i.e, from inception to
completion.
The
company's resources include material resources, people, technological
technologies, individual ownership, and funds.
The project
can be a temporary one-time project, or a continuous project, as this task
usually falls on the project manager who takes care of a number of tasks and
goals to be accomplished and achieved within a specific budget and within a
limited period of time.
Elements of project
management
Timing: Time is one of the most important
elements of project management. Completing the required projects on time
increases customer confidence, in addition to saving a lot of costly expenses
for the company.
Costs: Costs are intended to control costs
and finances in order to increase profit production.
Human
resources: One of
the most important elements of project management is to follow up the work of
employees to evaluate the performance and the production process on a regular
and continuous basis.
Tasks: Follow up on the tasks related to
the completion of the project in a timely manner and at the appropriate cost.
All project steps must be followed up from the initial small matters to
reaching the final point, and the work may be simple or complex.
The Phases of Project
Management
A project is
defined as a group of activities that employ a variety of resources; Such as:
material or human resources, energy resources, telecommunications, and risks
with the aim of achieving certain goals, and any project goes through several
stages upon its implementation; including:
Initiation
phase: during which
the ideas and the general vision of the project are defined.
Planning phase: during which the course of the
project, its implementation method, and the necessary resources needed by all
project stages are planned.
Implementation
phase: during which
the project activities are implemented according to the project plan.
Performance/monitoring
phase: during which
the project activities are monitored, and then the project is fully evaluated.
Project
closure phase:
during which the project accounts and activities are completely closed, and the
desired objectives of the project are achieved.
Project Management
Objectives
The
objectives of the projects are not considered the same in all projects, as they
are varied and multiple for each project according to its budget and nature.
However, the objectives of public projects management are:
- Increasing productivity.
- Reducing costs.
- Reducing your expenses.
- Finishing the project at the agreed specified time.
- Completing the project according to the approved budget.
- Executing all requirements such as: Quality Assurance.
- Satisfying all project parties from the client to the project team.