What is Project Management?

We already know what is project. Now does managing a project is all about Project Management? Sort of.. lets see what PMBOK saying...Project Management is application of knowledge, skills, tools and techniques to project activities to meet the project requirement. Well, definition is saying something about a bit how to manage projects as well. i..e we have to use certain knowledge, skill tools and techniques trough out the activities of the project all these things need to be done to achieve the project requirement, then it can be said project management. Important information on this section is that there are 42 project management processes logically grouped into 5 processes, proper use of which will help achievement of project management.  The 5 grouped Processes are as follows.


a) Initiating   
b) Planning  
c) Executing  
d) Monitoring and Controlling &
e) Closing

What is project?

As per PMBOK Guide the definition of a Project is "A Project is a temporary endeavor undertaken to create a unique product, service or result." That means it have two criteria  a) it will have definite start and end, b) it will have a unique deliverable or output which could be either tangible or intangible. For example, developing a new plane with new aerodynamic shape is a project but once its created the project is completed. The project will not continue during the plane will be in use and till the plane completes its product lifecycle nor the project will continue while company starts generating same type of plane in commercial development line. Cause regularly developing planes in commercial development line is an iterative job and thats called operation not project.

Again as per PMBOK Guide, a project can create either of following three:

a)  A Product that can be either a component of another item or an end item in itself
b)  A Capability to perform a service (e.g., a business function that supports production or distribution). or
c)  A result such as an outcome or document (e.g., a research project that develops knowledge that can be used to determine whether a trend is present or a new process will be benefit society)

Celebrating PMP Course Completion!!!

Well my PMP course is completed.. To get fueled up myself for exam preparation, I have started celebrating my course completion. This includes informing my fellow workmates and sharing my pictures of last day course. Then I thought why not share with you as well? Here they go...

My PMP Instructor Mr.Vinod Manikkara, PgMP,PMP is handing over the course completion Certificate to me.

The girls were a little bit late to come so we the BOYS didn't miss the opportunity to take a snap ourselves. :)

My group picture with complete batch.