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04 Dec 2022

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Project Management

What Is Project Management?

Project management is the use of specific knowledge, skills, tools, and techniques to deliver something of value to people.

Software development is for an improved business process, construction of a building, response to a natural disaster.

Also, it is expanding sales to a new geographic market: these are all project examples.

But it began to emerge as a profession in its own right in the mid-20th century.

When a group of forward-thinking people from the aerospace fields, recognized world changing engineering, pharmaceutical and telecommunications needs new tools.

Motivated by the need to address the scheduling and resource issues associated with increasingly complex projects.

Project Management Drives Change

Throughout human history, project management has always been practiced informally.

They came together to begin defining and standardizing the tools for a new profession.

And in 1969 the Project Management Institute (PMI) was born.

In The Project Economy, the growth of project management around the world demonstrates its value as:

As a recognized and strategic organizational competence

Also, as an object of education and training

As a professional career, it is now generally accepted that a basic knowledge of project management can be valuable to people with a variety of roles in a variety of companies.

Project management skills can help a young student working on an academic project achieve success or a business executive resolve personality disputes.

These skills can help a nurse optimize shift changes to improve patient response times in her room.

Also, it can help an IT professional deliver innovative software in record time, or help a government agency improve its services more profitably.

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