Defined as “the application of knowledge, skills, tools and techniques to project activities to meet the project requirements,” project management has “always been practiced informally,” according to ...
Project management is not for people who like to improvise. Over time, professional project managers have developed several sophisticated methods for tracking all the moving pieces that make up a ...
When you manage an upcoming project, it's important that you identify the different types of expenses you will incur, especially when you draft the project cost estimate. Direct costs and fixed costs, ...
We don’t do projects just because we want to get a project done: we do projects because we expect they will deliver value to customers or stakeholders. That’s why the Project Management Institute ...