PROJECT MANAGEMENT Meaning and
Definition
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Project management is a systematic approach used to plan, organize, and execute various activities in order to achieve specific goals and objectives within a specified time frame. It involves the application of knowledge, skills, tools, and techniques to effectively manage resources, tasks, risks, and stakeholders throughout the entire project lifecycle.
The process of project management begins with the initiation phase, where the project is defined, objectives are established, and feasibility is determined. This is followed by the planning phase, where a detailed project plan is developed, including a project scope, schedule, budget, and resource allocation.
Once the planning phase is completed, the project moves into the execution phase, where the actual work is performed according to the project plan. This involves coordinating tasks, managing resources, monitoring progress, and addressing any issues or risks that may arise.
The next phase is monitoring and controlling, where project progress is assessed and adjustments are made as necessary to ensure that the project remains on track and aligned with the original objectives. This includes tracking project performance, managing changes, and communicating with stakeholders.
Finally, the project is concluded during the closure phase, where final deliverables are reviewed and accepted, lessons learned are documented, and project closure activities are completed.
Overall, project management serves as a framework for effectively managing projects, ensuring successful outcomes by bringing together people, processes, and tools to efficiently achieve desired results.
Common Misspellings for PROJECT MANAGEMENT
- oroject management
- lroject management
- -roject management
- 0roject management
- peoject management
- pdoject management
- pfoject management
- ptoject management
- p5oject management
- p4oject management
- priject management
- prkject management
- prlject management
- prpject management
- pr0ject management
- pr9ject management
- prohect management
- pronect management
- promect management
- prokect management
Etymology of PROJECT MANAGEMENT
The word "project management" originated from two distinct etymologies:
1. "Project" comes from the Latin word "projectus", which means "thrown forth" or "something projecting". It is derived from the Latin verb "proicere", which combines "pro-" meaning "forward" and "icere" meaning "to throw". The term initially referred to a plan or proposal that is thrown forward or put forth for consideration.
2. "Management" comes from the Latin word "manus", which means "hand", and the Latin verb "agnosco", meaning "to lead". Over time, "manus" evolved into "managium", meaning "handful" or "handle", and eventually into "management", referring to the act of handling or controlling something, such as overseeing, directing, and organizing.
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