PM-MIND.COM

Project Management

 

PMI defines a project as a temporary endeavor to create a unique product or service. It is as good of a definition as any.

 

Project management is the management of the temporary endeavor. It generally uses a methodology (simple or complex) to achieve the results in an effective way.

 

 

A key point of why we perform project management is reducing the overall cost of the project. As in cost of quality, cost of project management should be a net gain activity, saving more money than expending. If project management does not decrease the cost of the project, why have it at all?

 

We observe cases time after time where the project manager strays into the strategic area.  You hear “management doesn’t understand” being yelled down the halls.

 

Perhaps the PM-MIND project manager would take in faith that management has not disclosed all the reasons for the project or the project approach.

 

  Why Project Management?

 

 

Project management exists to manage the three domains or triple constraints; Scope, Cost and Time. While there are many area’s of project management, the triple constraints are the core questions, in essence:

 

What are you going to deliver?

When will you deliver?

How much is it going to cost?

 

Project Management is a very tactical activity, we are given the mission and we are asked to execute it. While this is vigorously debated, our experience has sown that the project manager is seldom ask to participate in strategic activities (unless we are asked to run the strategic assessment project).

 

Consider that the project being a temporary endeavor, which would allow us to conclude that if the project is temporary, then it can not be a strategic activity.

 

Strategy is left up to the management outside the project. This is a