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Project Management

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Introduction

Project Management is the application of methodologies, processes, knowledge, skills, and experience to achieve the objectives of a project.

A project is a temporary endeavor designed to produce a unique product, service, or result. It has a defined beginning and end, as well as a defined scope and resources.

The Project Management Institute (PMI) is the world’s leading not-for-profit professional membership association for the project, program, and portfolio management profession.   PMI Website

A methodology is a systematic approach or model that project managers use for the design, planning, implementation, monitoring, and completion of project objectives.

Some of the main methodologies are:

  • Agile – an iterative approach (also Scrum, Kanban)
  • Waterfall – a sequential approach
  • Adaptive Project Framework (APF) – adjusts the scope to meet the budget and schedule

Once a methodology is selected, processes are developed. Project management includes several key phases of a project:

  • Initiation, Concept Phase
  • Planning, Design Phase
  • Implementation, Execution Phase
  • Monitoring and Controlling – throughout all phases
  • Closing, Completion Phase

In addition, there are other frameworks that complement project management including:

  • American Productivity and Quality Center (APQC) Process Classification Framework (PCF) APQC Website
  • Information Technology Infrastructure Library (ITIL) is a framework for IT Service Management (ITSM) ITIL Website

 

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