PROJECT DEFINITION

A group of activities that have to be performed in a

logical sequence to meet preset objectives
outlined by the client
OR
Temporary endeavors undertaken to create unique
products, services or results

1
 PROJECT

The core of the project design therefore is deciding

WHAT to improve or change

HOW the project can bring about or contribute
to the improvement or change

2
 Characteristics of a Typical Project

All projects are concerned with Change creating

something new;
All projects exist for a limited and defined period of
time: their lifespan consists of a set of activities
with a beginning date and a target end date
(deadline);
These activities must be performed in a logical
order;
All projects have clear and measurable objectives,
targets or goals. These objectives must be achieved
within specific constraints, especially time and costs
(budget);
Each project is a new and unique process.
3
 What is Project Management?

Project Management is the application of

knowledge, skills,
tools and techniques to project activities in order to
meet
or exceed stakeholder needs and expectations from
the
project.

4
Different Components of Project Management

Project Integration Management

Processes required to ensure that various elements of the
project are properly coordinated.

Project Scope and Time Management

Processes required to ensure that the project includes all the
work required to complete it successfully in stipulated time.

Project Cost and Quality Management

Processes required to ensure quality and that the project is
completed within the approved budget.

Project Human Resource Management

Processes required to make the most effective use of the
people involved in the implementation of the project.
5
 Key Dimensions of Projects

Cost

Time

Scope

6
 Key Dimensions of a Project

Cost

Quality

Quality
Time