The ability to deliver projects on schedule, on budget, and aligned with business goals is key to gaining an edge in today’s highly competitive global business environment. This is where project managers come in. Project managers have an incredibly complex assignment, one that blends organizational skills, an analytical mind, and adept interpersonal abilities.
In this section, we’ll walk you through the basics of project management and what it means to be a project manager.
Before we get into project management, we need to define what exactly a “project” is. Sure, you’ve probably been assigned countless “projects” in school or on the job, but what is the actual definition?
The Project Management Institute defines a “project” as “a temporary endeavor undertaken to create a unique product, service or result.”
There are a few key things to notice in this definition:
However, dictionary.com defines a project in somewhat looser terms: “a large or major undertaking, especially one involving considerable money, personnel, and equipment.”
Regardless, every project must have the following components:
A project is not something routine. Day-to-day operations or maintenance is not considered a project because it does not have a definitive start and end.