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Defining the Project

!n this stage the project manager defines what the project is and what the users hope to achieve by undertaking the
project. This phase also includes a list of project deliverables, the outcome of a specific set of activities. The project
manager works with the business sponsor or manager who wants to have the project implemented and other
stakeholders those who have a vested interest in the outcome of the project.
What is project management ???
Project management is the science (and art) of organizing the components of a project, whether the project is
development of a new product, the launch of a new service, a marketing campaign, or a wedding. A project isn't
something that's part of normal business operations. !t's typically created once, it's temporary, and it's specific. As
one expert notes, "!t has a beginning and an end." A project consumes resources (whether people, cash, materials,
or time), and it has funding limits.
Project Nanagement Basics
No matter what the type of project, project management typically follows the same pattern:
1. efinition
2. Planning
3. Execution
4. Control
S. Closure

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