What is Project Management?

We can define PM in many ways. First we need to understand what entails a project. Is it an activity, a task, a business...... well it is all those and more. When starting a project we need to consider the scope, quality, time and cost.

 

Project management, is the application of knowledge, skills and techniques to execute projects effectively and efficiently. It’s a strategic competency for organizations, enabling them to tie project results to business goals — and thus, better compete in their markets. - PMI -