04. What is a Project, and Project Management?
This article is 04th entry of PMI PMP Exam Preparation Tutorials PMBOK Guide 5th Edition, by Aditya Chinni.
In this article I would like to explain definitions of
- Project Management
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What is a Project?
Project has 2 features:
- It is a work that we undertake to produce a unique product or service, or result.
- And it is temporary in nature. That means it has a definite start and end dates.
Let us see few more points to understand it much better
- The end is reached when all the work is done or the work is terminated.
- Work can be terminated for any reason like no longer required or no more funds or no getting executed as per the plan and so on
- An ongoing maintenance work that is repetitive in nature is called operations and its starts once the project work is done.
- A Project can create a Product or Service or an Improvement in those two.
What is a Project Management?
We just learned the project definition. It's a work to produce a product. And the effort we use to manage that work is called project management. By applying
- Tools and Techniques
- 47 project management processes defined by PMI
- Managing constraints like Scope, Cost, Time, Quality, Resources and so on.
- Managing the changes, issues, risks and so on
What are Triple Constraints?
Traditionally "Scope, Time, and Cost" are called triple constraints.
Lately many authors are trying to modify the traditional meaning of the triple constraints by adding Quality or Customer Satisfaction or Risks to the triangle. I personally don't feel a necessity to change the fundamental definition. Because no one ever said that you just have to manage those constraints. Other constraints are also equally important from the day one. In my later articles I will show how PMBOK Guide made few process outputs only for these traditional triple constraints.