Understanding Project Management

Excerpts from the Paper

Understanding Project Management
Project Management is the application of knowledge, skills, tools and techniques to project activities to meet the project requirements. Project management is accomplished through the appropriate application and integration of 42 logically grouped project management processes comprising the five process groups (Project Management Institute (2008). A Guide to the Project Management Body of Knowledge. (4th Edition).
The five process groups are; initiating, planning, executing, monitoring and controlling and finally closing the project. Identifying requirements, addressing various needs, concerns and expectations of stakeholders and balancing the project are some areas which a project manager is typically...

.....oncerned parties. However the project manager’s role in a government project is needs to take into consideration the tight budgetary controls that are necessary.
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