Project Management

Organization and management of resources required to complete a project within defined scope, time, and cost constraints. Temporary and one-time endeavors undertaken to create unique products and services.

The first challenge of project management is ensuring that a project is delivered within the defined constraints. The second, more ambitious, challenge is the optimized allocation and integration of the inputs needed to meet those pre-defined objectives. The project, therefore, is a carefully selected set of activities chosen to use resources (time, money, people, materials, energy, space, provisions, communication, quality, risk, etc.) to meet the pre-defined objectives.

	First phase - Project concept
	Second phase - Project planning and design
	Third phase - Build management
	Fourth phase - Delivery of the finished product