BNET Business Dictionary
Business Definition for: Project Management
- the integration of all aspects of a project in order to ensure that the proper knowledge and resources are available when and where needed, and above all to ensure that the expected outcome is produced in a timely, cost-effective manner. The primary function of a project manager is to manage the trade-offs between performance, timeliness, and cost.
Additional Resources
- The Value of Project Management
- Implementing Project Management adds significant value to organizations. This article is the result of a survey of more than 100 senior-levelproject management practitioners by the Center for Business Practices, the research arm of the consulting and training organization,Project Management Solutions, Inc. More than 94% of the respondents stated that implementing...
- White papers 2000-10-01
- Project Management Myths
- The president of Samsung Latin America views project management as the key to the success for his entire company. In a recently published executive guide by the Project Management Institute PMI, leaders at EDS, Volkswagen, Ness Technologies, and IBM all echo his view. The key, they say, is to...
- Blog posts 2007-03-15
- Fundamental Principles of Project Management
- From time to time, various attempts have been made to enunciate 'Principles and Practices' of project management. However, there appears to be no consensus on either the principles or the practices of 'acceptable' project management, nor does there appear to be much documentation of any 'theories' of project management either...
- White papers 1999-07-01
- First Principles of Project-Management
- "Principles that are established should be viewed as flexible, capable of adaptation to every need. It is the manager's job to know how to make use of them, which is a difficult art requiring intelligence, experience, decisiveness and, most important, a sense of proportion. The paper sets out...
- White papers 2003-11-01
- Systematic Planning and Evaluating the Project Management Effort
- When managing projects the focus is on how to perform project management activities as well as project execution activities. The planning and evaluating of the project management effort itself is primarily done intuitively based on years of experience - or by following predetermined guidelines for project management. However, a more...
- White papers 2005-10-27
- Four Top Project Management Priorities of Fortune 500 Companies
- This article mainly talks about the top most priortities in project management. The Top 500 Project Management Benchmarking Forum initially was formed in 1995. This Forum of project management executives from large, for-profit and governmental organizations has been assembling every year since 1995. The results of the this particular Benchmarking...
- White papers 2002-11-01
- Defining Project Management Knowledge As A Basis For Global Communication, Learning And Professionalism
- "Since 1995, we have witnessed four Global Project Management Forums GPMF which have been conducted with heightening interest and success. Undoubtedly, this is a reflection of the increasing recognition of the ‘globalization' of the market place and the competition that it brings. Project management is no exception. However, if...
- White papers 2003-01-01
- A Memetic Paradigm Of Project Management
- This paper aims to fuel the discussion on examining project management research from different perspectives. A new memetic approach to project management is presented that promotes a new way to examine the discipline of project management. Project management is claimed to be a memeplex with the language and stories of...
- White papers 2005-06-10
- The Three P's Of Project Management
- This paper presents the three P's of project management. The three P's are to take into account the elements and structure of project management. People Management is essential in regards to project management. It takes the leadership of the project manager to guide a team towards working together in symmetry...
- White papers 2009-04-10
- The Case for Project Management
- As all of those who have worked in the trenches well know, successful project management is the tie that binds services to results. Project management principles are used extensively in some federal organizations, But project management is far less common in other federal agencies. Furthermore, shortcomings exist across the board...
- White papers 2000-08-01
- e-Business Project Management: The Dawn Of A New Discipline
- Implementing an e-business solution is not the same as implementing a legacy system. There are a lot of differences. To improve the success rate of your e-business projects, you must gain an appreciation for the differences between e-business project management and traditional Information Technology IT project management. You must also...
- White papers 2003-03-31
- Managing Project Management
- Oooh - project management. Everyone talks about project management but what is it? Isn't project management just organising your little work to get the big work done? Isn't project management really just a series of events to create some thing, by some point, way off in some hazy future? Not...
- White papers 2008-03-01
- Highlighting The Benefits Of Project Management Training
- Project management is one of the important processes of an organization for the simple reason that it answers a lot of your questions and adds order to the company. With this, project management training is important to ensure that you have the right skills and knowledge when it comes to...
- White papers 2009-01-01
- PRINCE2 And The Project Management Board
- A core part of the PRINCE2 project management method is the Project Management Board PMB. The PMB was designed to provide the management of the physical and technical aspects of the project, as well as to manage the time schedule of the whole project. It is headed by the Project...
- White papers 2008-04-17
- Why Project Management Matters
- This is of course not to say that the practice of Project Management isn't widely appreciated in many organizations. Indeed, a large number of companies have implemented Project Management Offices, the Project Management Institute is exploding in popularity, and it certainly seems that the number of Project Management openings out-numbers...
- White papers 2009-01-01
- Formal And Informal Aspects Of Project Management
- People who are proficient at formal project management may not have outstanding interpersonal skills. Similarly, good informal project managers may be impatient with the effort involved in creating plans and revising them as a project unfolds. Formal project management can be learned, and it appears that informal project management cannot...
- White papers 2009-01-01
- Project Management: A Logical Framework To Help Your Understanding
- A very important question which arises is that why do we need project management? Growth, change and projects go together. They face an increasingly turbulent world in which business becomes faster paced more complex and more competitive. Modern project management is designed specifically to deal with this situation. With flexible...
- White papers 2003-01-01
- Enterprise Project Management - IT Governance and the Program Management Office
- Organizations are challenged to track and measure the effectiveness of a large number of projects in various aspects of their work, and aligning Information Technology costs with business objectives is becoming increasingly important. Executives--especially those accountable for the success or failure of IT spending–would benefit from better ways to select...
- White papers
- Adopting A Flexible Approach To Project Management Methodology
- This paper reports and analyses multimedia project methodology observed within the Multimedia Education Unit MEU at the University of Melbourne. The conclusion drawn from this study is that the benefits expected to flow from standardisation of project management methods are secondary to the interests of reducing the risk of failure....
- White papers 2006-08-02
- SAP teams with PM Solutions in agreement aimed at EPM.(Project Management)
- PM Solutions, a developer of a Web-enabled project management methodology called the Project Management Community of Practice, announces what it terms an enterprise project management EPM-focused partnership with ERP vendor SAR. PM Solutions will PM Solutions, a developer of a Web-enabled project management ...
- Research articles 2004-05-01
