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Project Management, (PM) is the coordination and control of work to accomplish a larger goal or task. Its goal is to make sure everything "gets done" within the allocated time frame and budget. The Project Management Institute defines project management as "the application of management processes to plan, monitor, evaluate, control, direct human and material resources for realizing project objectives over time" The concept of Management Project Class 12 Pdf Freel is the process undertaken by the person in charge of managing a team or group to assure that they are properly organized so that their efforts will be coordinated toward achieving an objective. It encompasses all activities which are required for successful completion according to preset goals. A Project Director is a person who is responsible for directing a project with the end goal of attaining a specified output. The Project Manager has been described as "a person whose ability to successfully direct the efforts of others in order to achieve organizational goals, or whose ability to perform specific managerial functions". In Globalization era, the Project Manager has been defined as "a manager, typically with the responsibility for managing the delivery of a project is particularly critical in today's complex and interdependent world." Project management is about which projects get done when they need to get done and in a cost-effective manner. It aims at getting maximum value from projects by setting up processes that will create discipline and efficiency. It may be defined as a "management of all aspects of a project from its initiation to its close by the project manager and the team members". Project management may encompass quite a number of factors and processes including: There are regional and international standards that guide the implementation and operation of effective Project Management. ISO/IEC 20000, ITIL and BSI PDCA provide information about how to manage projects. PMBOK, PRINCE2 and CAPM provide guidance on how to create effective project management knowledge. ISO 9000 is often confused with Project management but it is an auditing standard not a process or knowledge standard. Project management is crucial in accomplishing organisational goals. It can be viewed as project management to do the work needed to reach the goal. Or it can be viewed as project management for achieving performance objectives, or generally as project management for achieving long-term organizational goals. Yet project management is intimately connected with organizational structures and concepts such as corporate governance, corporate strategy, corporate culture and organisational structures such as matrix structures. People may be engaged in several projects at the same time that overlap or somehow relate to each other. This complex network of overlapping or related projects is called a Project Portfolio. The network of overlapping and interdependent projects is called Project Management Network. In the Public Sector, there are several different definitions of project management because of the different governments and organisations, which have their own standards. Project Management in Software Project is the use of a set of processes to monitor and control a software development project. The product is a software application or system delivered to a customer. However Project Management in Software Project does not mean that it is restricted for only software projects. It can be used for managing any type of project such as Construction, Web-based services, etc. The PMI modified PMBOK (2000) by emphasizing on two component: Process Groups and Knowledge Areas that all organizations should adopt to achieve successful project outcomes. cfa1e77820
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