Project Management

An artist's impression of the Homebush Bay master plan for the Sydney 2000 Olympic Games. Project Management techniques allow vast undertakings to be managed effectively.

When planning a project it is important to consider the human and material resources that are available.

Project managment overview and definition Projects are singular, but non-routine, events with precise objectives which must be achieved within a set timeframe. Projects are broken into a set of activities designed to fulfil the stated objectives. Examples of projects include the building of a house, the holding of an event like a party or even something as simple as completing a school assignment. Project Management requires the organisation of people, equipment and procedures in an appropriate way to get a project completed within a set timeframe and budget. A Project Manager is responsible for the coordination of all these resources in order to achieve the project objectives. The following need to be considered when planning a project Purpose and aim of the project Resources available both human and material Costing, human and time constraints The tasks, procedures or activities required to complete the project

Project Management

Management gone wrong. Project management techniques are used by organisations because they ensure It has been that organisational objectives and system objectives are being met in a timely, reported that accurate, relevant and complete manner. They provide a way of controlling people, resources and procedures, and clearly identify the tasks that must be completed the construction and the desired completion time. of this building will cost up to four times the original estimate for the project. It is an example of a project executed in an atmosphere of delay and controversy and featuring not only an extraordinary budget blowout but a court battle and the resignation of the chief Project Manager.

Project Management History

Even before the Project Management is not a new concept. Even in the time of the Ancient Egyptians time of the a form of project management was needed to coordinate the construction of the great Pyramids pyramids. Modern project management tools were, however, not developed until the humankindearly 1900s with the creation of the GANTT chart method. Further refinement in has had to project management tools came about in the 1950s with the development of the devise Critical Path Method (CPM) and Program Evaluation and Review Technique (PERT). plans for These three tools form the basis for documenting and managing the progress of completing projects. All of these tools produce graphical representations of projects, and all current project management software includes these components. set projects.