The Project Management Institute (PMI) defines project management as follows: The application of knowledge, skills, tools, and techniques to project activities to meet project requirements. The profession of project management includes the application of many skills, which include: Dividing the project into tasks Creating schedules (deadlines) Estimating budgets Determining project scope Communicating with stakeholders Acquiring the... [Read More]| ProjectEngineer
The Project Management Institute's (PMI) definition of a project is considered by many to be the official definition: A temporary endeavor undertaken to create a unique product, service, or result. Two words within that definition are the key to understanding what a project is and isn't: Temporary: A project has a distinct beginning and end. The muddier... [Read More]| ProjectEngineer
Managing projects is like steering a ship. When the wind or sea conditions are rough, experienced helmsman use their keen sense of how the ship will react to keep it moving in the right direction. Because the ship doesn't react right away, the helmsman must anticipate the delay between turning the ship's wheel and the... [Read More]| ProjectEngineer