What is Project Management?

Project management is the process of directing the work of a team to accomplish the goals of the project within a set of constraints. These constraints usually include scope, time and cost as well as resources. Project managers must also be aware of the project’s surroundings and the potential risks.

There are many approaches and best practices to manage projects, like the critical chain project (CCPM), agile methodologies and the HERMES Method and the general system-based approach to managing projects. The Association for Project Management provides professional certifications in project management and standards, a global network of project experts blogs, research, and other resources for decision makers, influencers and managers.

It is essential to plan the project carefully to ensure its success. This includes determining the technical specifications of the project as well as preparing a comprehensive timeline and preparing a communication strategy. It is also important to identify who is responsible and what responsibilities are assigned, identify what needs to be purchased and organize a kick-off meeting.

The Gantt chart is a favored tool used to plan projects. It allows project managers the ability to visualize the timeline of a project and determine the dependencies among tasks. They can also make real-time changes and assign resources. It also comes with collaboration features that allows team members to update the status of their tasks and to communicate changes. They can also collaborate on documents directly within the chart.

To find the best tools to manage your project examine your industry-specific requirements and consider features such as timeline visualizations, task management resources management, collaboration tools such best data room software as reporting and analytics and integrations. Then, choose a tool that is suited to your specific requirements and budget.