What is Project Management?

Project management is a methodology used to manage the effort of people, equipment and material to achieve a specific set of goals and objectives.  Whether your project is constructing a building, planning a convention, having a party or sending a rocket ship to the moon, the methods that you use to plan and administer the project are examples of project management.

Today project management methods are being used in construction, computer systems development, meeting planning, banking, food and restaurant operations, movie making, manufacturing, utilities, etc.  Should they be used in your business?

Project management methodology is becoming one of the most popular management techniques used in the world today.  Since many project managers apply their profession internationally, it is important that they use the same methods and terminology.  The result of all project managers using this methodology is consistency in practice and reporting which results in cost savings and reduced lost effort.