27
SEP
2024

What is Project Management?

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Project management is the process that involves overseeing the work of a group to achieve the goals of the project while adhering to specific constraints. These constraints include time, budget, and the scope. Project managers must also be aware of the project’s environment and the risks.

There are many approaches and best practices to manage projects, such as the critical chain project (CCPM), agile methodologies such as the HERMES Method, and the general system-based approach to project management. The Association for Project Management (APM) offers professional standards for project management as well as certifications, a global network of project professionals, research, blogs and other sources for decision makers, influencers and project managers.

It is vital to plan the project properly to ensure its success. This includes determining the project’s technical specifications and preparing a precise timeline and formulating a communication strategy. It is essential to determine roles and responsibilities. It is also important to decide what you need to buy and have a kickoff event.

A popular tool used to plan projects is the Gantt chart official statement which allows project managers to see the timeline of their project and to identify the interdependencies between tasks. It also allows them to make real-time adjustments and assign resources. It also provides collaboration features that enable team members to update task statuses, share changes and collaborate on documents directly in the chart.

To determine the best tool to manage projects for your company You should look at the specific needs of your industry and look at features such as timeline visualisations, task management tools for managing resources and collaboration tools, analytics and integrations and reporting. Then, choose a tool that fits your particular needs and budget.

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