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Project management is a composite activity with multiple dimensions. Depending on the type and class
of project, this management activity can be very complex. To begin with, we should be clear on what we
mean by project management - not in terms of the traditional definitions but in terms of the scope of
this management activity.
In a nutshell, project management is the discipline of planning, organizing, securing, managing, leading,
and controlling resources to achieve specific goals. A project is a temporary endeavor with a defined
beginning and end (usually time-constrained, and often constrained by funding or deliverables),
undertaken to meet unique goals and objectives, typically to bring about beneficial change or add value.
The primary challenge of project management is to achieve all of the project goals and objectives while
honoring the pre-defined constraints. The primary constraints are scope, time, quality and budget. The
secondary and more ambitious challenge is to optimize the allocation of necessary inputs and integrate
them to meet pre-defined objectives.
For a successful project, the following principles are necessary assets when charting a path to
completion. These principles of project management can be applied to any level or branch of a
project that falls under a different area of responsibility in the overall project organization
Project structure
Definition phase
Clear goals
Transparency about project status
Risk recognition
Managing project disturbances
Responsibility of the project manager
Project success
Project Structure
Project management typically revolves around three parameters Quality, Resources & Time. A
project structure can usually be successfully devised by considering the following three aspects -
1. Project Goal
An answer to the question What has to be done is usually a goal. This question leads to the
project structure plan. This plan consists of work packages which represent enclosed work units
that can be assigned to a personal resource. These work packages and their special relationships
represent the project structure.
Milestones define certain phases of your project and the corresponding costs and results.
Milestones represent decisive steps during the project. They are set after a certain number of
work packages that belong together. This series of work packages leads to the achievement of a
sub-goal.
Definition Phase
The definition phase is where many projects go wrong often because there is no clear
definition, or because definition is muddled due to the involvement of too many stakeholders.
Successful definition must involve the entire team at every step to facilitate acceptance and
commitment to the project.
Clear Goals
The project manager is responsible for the achievement of a project goal. These goals should
always be defined using the SMART paradigm (specific, measurable, ambitious, realistic, time-
bounded). It is a daily grind for a project manager to be confronted with nebulous goals, which
are a result of improperly defined goals at the outset.
Risk Recognition
Every project is confronted with a lot of risks. This is normal. Always keep in mind that your
project is a unique endeavor with strict goals concerning costs, appointments and performance.
The sooner you identify these risks the sooner you nip negative developments. Its the duty of the
project manager to evaluate risks regularly.
Project Success
Project success is a multi-dimensional construct that inevitably means different things to different
people. It is best expressed at the beginning of a project in terms of key and measurable criteria upon
which the relative success or failure of the project may be judged. For example, those that -
Meet key objectives of the project such as the business objectives of the sponsoring organization,
owner or user, and;
Elicit satisfaction with the project management process, i.e. that the deliverable is complete, up to
standard, is on time and within budget; and
Reflect general acceptance and satisfaction with the projects deliverable on the part of the projects
customer and the majority of the projects community at some time in the future.