Project Management

Project Management is the discipline of defining and achieving targets while optimizing the use of resources (time, money, people, materials, energy, space, etc) over the course of a project (a set of activities of finite duration).

Project Management is quite often the province and responsibility of an individual project manager. This individual seldom participates directly in the activities that produce the end result, but rather strives to maintain the progress and productive mutual interaction of various parties in such a way that overall risk of failure is reduced.

In contrast to on-going, functional work, a project is "a temporary endeavor undertaken to create a unique product or service." The duration of a project is the time from its start to its completion, which can take days, weeks, months or even years. Typical projects include the engineering and construction of various public or consumer products, including buildings, vehicles, electronic devices, and computer software.

In recent years, the Project Management discipline has been applied to Marketing and Advertising endeavors as they become more technological

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Posted by: wiki
Posted on: 9/12/2008 at 6:26 PM
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