Project: It can be defined as group of tasks performed in a definite time period to meet a specific goal or scope

of works.

Planning: the project means thinking about & documenting what needs to be done – defining activities,
preparing schedule, defining & assigning resources, estimating the budget, tracking progress & rescheduling
the schedule etc.

Project Management: is the application of knowledge, skills, tools & techniques to the project activities to
meet or exceed the needs & expectations of the stakeholders.

Project management process: scope definition, defining duration, prepare the schedule, define the resources,
assign the resources, prepare cost & budget for the project ,finalise the stakeholders, prepare the target
schedules, update progress, compare progress to target, variance & performance evaluation & finally forecast
& recommend future plan of action.

Planning helps to avoid delays in project, loss of revenue, loss of facility, additional changeover cost,
contractual disputes & extension of time claims etc.

Components of planning-time, scope & cost.

Milestones are key events or point in time, which can be identified when completed as the project progresses.

P3 & P6 can manage activities up to 1 lakh activities.

Primavera uses Btrieve as record management system for handling project files.