Perfecting Project Management: A refresher course for PM professionals

You're a project management (PM) professional with a few years' experience.  So why would you need a refresher? In this course, you will review your theoretical knowledge of PM and draw on your experience to extend your skills, ensuring that your hard work gets you to the project finish line on time and in budget.

What is Project Management?

Defining Project Management

What is Project Management?

Before defining project management, it’s important to define what a project is.  Projects are temporary, in that they have a demarcated beginning and end.  Projects produce a defined, planned outcome.  Projects are unique; that is, they do not form part of routine operations.

Therefore, projects have a defined scope and requirement for resources.  This necessitates a different skill set to regular management.  In addition, project teams often include people who don’t usually work together. This requires a different emphasis on people management skills to achieve project outcomes, to regular management.

Project Management (PM) is a process or discipline that uses established principles, procedures and policies to manage a project from conception through completion.  It includes the actions of conceptualizing and initiating the project; planning; engaging stakeholders; executing, monitoring and controlling project implementation; and closing and evaluating the project. PM is used in organisations to ensure effective change management implementation.

The main objective of PM is to achieve the project goal, given the constraints of scope, time, quality and budget.  A secondary objective of PM is to allocate and apply resources in the most optimal way to meet the project’s pre-defined objectives.

PM emerged as a distinct profession in the mid-20th century.

How does Project Management (PM) differ from regular management?

  • PM is for a fixed time period, have a defined scope and often require people to work together who would not normally do so in the usual context of their work.
  • They are very similar, but PM does not last as long as regular management, which is ongoing
  • Regular management is better suited to change management in an organisation, compared to PM
  • PM is goal-driven, whereas regular management is not