Project Management

What is a Project?
Project is a temporary assignment which has a definitive start and end date. Project can be considered successful when it meets the objectives of the Stakeholders. Project can be ended on successful closure, or when its objective can't be met, or when the need no longer exists.

What is Project Management?
Project Management is the application of knowledge, tools, skills and techniques to Project activities to meet Project requirements. Project management consists of 5 process groups, these are

• Initiating – it is the process of determining if a Project is valid and can be delivered successfully
  
• Planning – it produces how a plan for Project delivery by defining WBS with Schedule.
  
• Executing – it is the actual delivery of project which is conducted using Project processes.
  
• Monitoring and Control – It is where Project Manager and Project Management team ensures that the project is delivered on time, on budget, with required resources and the Project is delivered as initiated.
  
• Closing – it is gaining final acceptance of the Project and ensuring that the Project is successfully delivered.
  

What is Project Process?
Project process is defined for the Project delivery team. It consists of

• Analysis
  
• Design
  
• Development
  
• Implementation
  

What is Project Lifecycle?
Project management processes and Project processes together form the Project Life Cycle. The relationship of Project management and project processes are illustrated in the chart below

Monitoring and Control	Initiating
	Executing	Analysis
		Design
		Development
		Implementation
	Closing

 

What is Project Management Office?
Project Management Office (PMO) is an Organization body or entity which is assigned with various responsibilities of centralized and coordinated management of project sunder its domain. The responsibilities can vary from Project management support function to directly managing the projects.