Definition:
Project management is the process of planning, organizing, and managing resources to successfully complete specific project goals and objectives within constraints like time, budget, and scope.
Key Elements:
Project = Temporary effort with a clear beginning and end.
Management = Applying knowledge, skills, tools, and techniques to meet project requirements.
Example:
Imagine building a mobile app for online food ordering. You’ll need to:
Define the features (scope),
Set a launch deadline (time),
Stay within the budget (cost),
Work with a team (resources),
Satisfy users (quality and stakeholder needs).
1. Project Life Cycle and Phases
2. Scope, Time, and Cost Management (The Triple Constraint)
3. Risk Management
03:47
4. Stakeholder and Communication Management
Definition:
This involves identifying all people or organizations affected by the project and ensuring clear, timely communication.
Steps:
Identify Stakeholders: Who has an interest? (e.g., clients, team, suppliers)
Analyze Influence and Expectations: Who needs what info, and when?
Plan Communication: What to communicate, in what format, and how often?
Example:
In a school construction project:
Stakeholders: Principal, teachers, parents, students.
Communication Plan: Monthly updates via email and community meetings.
Tools:
Stakeholder Matrix: Maps influence vs. interest.
RACI Chart: Defines who is Responsible, Accountable, Consulted, Informed.
