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Project Management

Chapter 1 : Project Management - An Overview

Definition of a Project

Project Characteristics

Unique Activities
Attainment of a Specific Goal
Sequence of Activities
Specified time
Interrelated activities

Project Parameters

Scope
Quality
Cost
Time
Resources

Relationship between Project Parameters

Classification of Projects

Definition of a Program

Project Management

Project Management - Relation with other Management Disciplines

Relationship between Project Management and Line Management

Chapter Summary

A project is a group of unique, inter-related activities that are planned and executed in a certain sequence to create a unique product or service, within a specific timeframe, budget and the client's specifications.

Some of the characteristics of the tasks that qualify to be a project are: uniqueness, specificity of goal, sequence of activities, specified time and interrelatedness.

Projects are carried out under many resource constraints (time, cost and material resources) and their success depends on the ability of the manager to manage these constraints effectively.

Project management is the application of knowledge, skills, tools and techniques to project activities in order to meet or exceed stakeholder needs and expectations.

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