What is Project Management?

Doing a project involves much more than having an idea, to give real form to that idea we must manage, organize, we must know about project management and apply this management correctly.

Project Management is a set of methods and techniques based on accepted management principles that are used to plan, evaluate and control the results of an applied plan. Translating this into a simpler language, project management is simply managing all elements of the project in such a way that the project is implemented according to expectations, i.e., meets all customer requirements and, at the same time, does not exceed the assumed time and budget.

What are the types of project management?

Among the types of management are:

  • Agile: is a methodology for IT projects that mainly provides flexibility. It focuses primarily on meeting the constantly changing requirements and continuous improvement of work.
  • Scrum: is an Agile-based methodology that has similar objectives to Agile, but differs from it with a strong focus on teamwork.
  • Kanban: is another popular agile platform that emphasizes the importance of a continuous workflow, given the capacity of the team and the transparency of processes among its members. The main tool here is the Kanban board, a space where teams and customers can see the progress of tasks.
  • Lean: promotes the maximization of customer value and minimizes waste. It aims to create more value for the customer using fewer resources. Coming from the Japanese manufacturing industry, its values assume that «as waste is eliminated, quality improves while production time and cost are reduced».

PMI / PMBOK: This is not a method, but a basic standard of project management popular in the United States and Western Europe. Project Management Institute (PMI) is a professional project management organization that has developed the Project Management Body of Knowledge (PMBOK) guidelines. These guidelines are based on the experiences of various companies in implementing projects and their best practices.

What is Project Management and Administration?

Administration and project management is a process that involves correctly fulfilling the phases of the administrative process (planning, organization, execution, direction and control) but also taking care of the projection of the company’s image through the project and its results, always looking for effectiveness and efficiency in the achievement of the goals set.

What are the benefits of project management?

By applying a project management methodology, we will have greater control of the use of available resources from the time of planning, the possibility of correcting faults in time and even apply necessary changes or corrections. This whole process is interrelated with the elements of the company, trying to reach the maximum performance of them in favor of the common objectives.