Quick Answer: What Are The Key Concepts In Project Management?

What is the concept of project?

Simply put, a project is a series of tasks that need to be completed in order to reach a specific outcome.

A project can also be defined as a set of inputs and outputs required to achieve a particular goal.

Projects can range from simple to complex and can be managed by one person or a hundred..

What are two important concepts of project planning?

A plan should be feasible, challenging, realistic, usable, efficient and optimal.

What are the types of project?

Major Types of Projects Based on Product of ProjectType of ProjectProduct of Project (Examples)1.Administrativeinstalling a new accounting system2.Constructiona building or road3.Computer Software Developmenta new computer program4.Design of Plansarchitectural or engineering plans6 more rows

What are the types of project management?

While there are numerous project management types, there are seven primary ones that get used the most often.Waterfall Project Management. … Agile Project Management. … Scrum Project Management. … Kanban Project Management. … Lean Project Management. … Six Sigma Project Management. … PRINCE2 Project Management.

What are the objectives of project management?

In brief, project management objectives are the successful development of the project’s procedures of initiation, planning, execution, regulation and closure as well as the guidance of the project team’s operations towards achieving all the agreed upon goals within the set scope, time, quality and budget standards.

What are the 5 characteristics of a project?

A project plan can be considered to have five key characteristics that have to be managed:Scope: defines what will be covered in a project.Resource: what can be used to meet the scope.Time: what tasks are to be undertaken and when.Quality: the spread or deviation allowed from a desired standard.More items…

What is project and its purpose?

A project is planned, organized and goal-oriented work In order to achieve the benefits, certain deliverables need to be produced during the project. Both these goals and objectives should be defined early in the project. A project has a clear beginning and an end. … Each project should have its own organization.

Is a program manager higher than a project manager?

Program managers supervise groups of projects; project managers oversee individual projects. Program managers focus on long-term business objectives; project managers have short-term, concrete deliverables. Program managers are strategic; project managers are tactical.

What are the five fundamental project management concepts?

Developed by the Project Management Institute (PMI), the five phases of project management include conception and initiation, planning, execution, performance/monitoring, and project close.

What is basic project management?

Project management focuses on planning and organizing a project and its resources. This includes identifying and managing the lifecycle to be used, applying it to the user-centered design process, formulating the project team, and efficiently guiding the team through all phases until project completion.

What are the tools and techniques of project management?

Project Management TechniquesClassic technique. … Waterfall technique. … Agile Project Management. … Rational Unified Process (RUP) … Program Evaluation and Review Technique. … Critical Path Technique. … Critical Chain Technique. … Extreme Project Management (XPM)More items…•

What are the skills of a project manager?

20 project management skillsCommunication.Leadership.Organization.Negotiation.Team management.Time management.Risk management.Problem-solving.More items…•

What are the 3 concepts of a program manager?

The project manager is judged on the triple constraint of time, cost, and scope of the project. The program manager also is judged on these three elements but at a level that is cumulative for all the projects and operations within the program.

What are the six phases of project management?

These include preparing handbooks, training the end users, setting up support team, writing project report, evaluating the project, transferring to the concerned team and dismantling the project. The six-phase model is designed on the rule – ‘think before you act’.

What skills should a program manager have?

Required Skills to be a Program ManagerGood communication skills. … Ability to command respect. … Conflict Resolution skills. … Good knowledge of project management principles. … Be comfortable in an uncertain environment. … Benefit Focussed. … A constant risk management mindset. … Leadership Skills.