What is Project Management?

By admin52 Comments

projects-and-innovation

Projects are designed to promote change and innovation. They provide opportunities to test possible innovations in a protected environment without taking the decision to change established practice until it can be shown that the new ideas work.

So, a good first question in project planning is “do we need to change?” A good first principle is:

  • Look at present practice
  • Is it OK?
  • Yes!! – keep it and reinforce it
  • No!! – change and innovate

Are you ready to innovate?

Here are some of the necessary conditions for successful innovative projects

a) A feeling of dissatisfaction with the way things are done at the moment

b) A vision of what you would like to achieve (so you need to go beyond criticism of the present situation to describing what would be a satisfactory situation)

c) A clear idea of the first steps to be taken to initiate change (you don’t need to know everything – you wouldn’t need a project if you did – but you do have to have an idea of

where to start)

d) An idea of what the cost of change will be (this doesn’t just mean money; the cost of a project can be seen in terms of the time it will take, the stress of carrying through change, the other opportunities you miss by choosing this option)


Project management is a carefully planned and organized effort to accomplish a specific (and usually) one-time objective, for example, construct a building or implement a major new computer system. Project management includes developing a project plan, which includes defining and confirming the project goals and objectives, identifying tasks and how goals 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 operating regular ‘controls’ to ensure that there is accurate and objective information on ‘performance’ relative to the plan, and the mechanisms to implement recovery actions where necessary. Projects usually follow major phases or stages (with various titles for these), including feasibility, definition, project planning, implementation, evaluation and support/maintenance.

Click here to download the E-Book on “A Guide to Project Management.pdf”

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Click here to download the E-Book on “Project Management Guidebook -method123-ebook.pdf”

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52 Comments to “What is Project Management?”

  1. Melissa V. Austria says:

    Good evening Sir,

    I am very honored to be one of your students in Project Management that teaches us how to make Project a success..

    With the help of this website that you are sharing to us, we have gain more knowledge in connection to what you are discussing to us.

    As a Business Management student, it is very important to know and to learn the different aspects that makes a Project a success as well as the risk that we will be experiencing while executing/ producing our project.

    Again, a big Thank You to the creator of this site.. May Godbless You.. =)

  2. Remedios C. Agcaoili says:

    Good Evening Sir,

    Before anything else i would like to congratulate the creator of this website regarding the article about “PROJECT MANAGEMENT”..Mr. Julius Cesar Mamaril.

    It’s really great of having this Project Management subject this semester. As a students we need to learn more on how to manage business in the future.
    As i have read this article,it gives us tips and guidelines. Proper planning and decision making is really important in making a succesful business.
    In this article it guide and help us in the field of business on how to become a creative, idealistic in order to have a succesful entrepreneur.
    With the help of this website which have prepared for us not only for us a students but also to the businessmen which is having a business risk and they need to have a business change.The article explain clearly that a PROJECT must have an objective or purpose. It’s really good for us to know more about this kind of management.

    I am hoping sir that you can create more website which can help students on their studies and expands more ideas about management.

    I salute you sir for what you have done. More power Sir and Godbless!!!!

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