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What is project management?

Definition 
Project management is the application of processes, methods, knowledge, skills and experience to achieve the project objectives. 

General 
A project is a unique, transient endeavour, undertaken to achieve planned objectives, which could be defined in terms of outputs, outcomes or benefits. A project is usually deemed to be a success if it achieves the objectives according to their acceptance criteria, within an agreed timescale and budget.

        

The core components of project management are:

  • defining the reason why a project is necessary;

  • capturing project requirements, specifying quality of the deliverables, estimating resources and timescales;

  • preparing a business case to justify the investment;

  • securing corporate agreement and funding;

  • developing and implementing a management plan for the project;

  • leading and motivating the project delivery team;

  • managing the risks, issues and changes on the project;

  • monitoring progress against plan;

  • managing the project budget;

  • maintaining communications with stakeholders and the project organisation;

  • provider management;

  • closing the project in a controlled fashion when appropriate.

Our dedicated Project Managment team are always at hand, from small to coporate projects we are here to help

Tel: 0121 333 7000

project.manage@pftec.co.uk