Project Management

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

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.
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

When planning a project it is important to consider the  Costing, human and time
human and material resources that are available. constraints

 The tasks, procedures or

activities required to
complete the project

Project management techniques are

used by organisations because they
ensure that organisational objectives
and system objectives are being met
in a timely, accurate, relevant and
complete manner. They provide a
way of controlling people, resources
and procedures, and clearly identify
the tasks that must be completed
and the desired completion time.

Project Management gone wrong. It has been reported that

the construction 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 blow-out but a
court battle and the resignation of the chief Project Manager.