Project Management Essay

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Project Management Toolkit Table of Contents Project Management Overview The Importance of Project Management The Importance of the Project Manager Tools for Success in Project Management a. PMBOK b. Benefit/Cost Analysis Chart c. Profit Model Chart d. Pareto Chart e. Microsoft Project Steps in Getting PMP Certification Careers in Project Management My Successful Project Glossary Works Cited Acknowledgements Overview Simply put, project management is all about setting and achieving reasonable and attainable goals. It is the process of planning, organizing, and overseeing how and when these goals are met. Unlike business managers who oversee a specific functional business area, project managers orchestrate all aspects of time-limited, discrete projects. For instance, a project manager who's overseeing the development of a new product or service may manage folks from departments as disparate as marketing, IT, and human resources. Everyone practices project management to some degree: Farmers plan what, when, and how they're going to plant; how they're going to take care of their crops as they grow; and how and when they're going to harvest those crops. Parents plan what they're going to prepare for their children for dinner. (If they have strong project management skills, of course, they delegate things like setting and clearing the table to the kids.) In business, project management is an art, a skill, and a demanding full-time job. Project managers (PMs) are key employees in such industries as construction, engineering, architecture, manufacturing, and real estate development, but many opportunities for PMs exist outside these areas. In high tech, biotech, or pharmaceuticals, for example, project managers are responsible for launching new products, developing new technologies, and managing alliance programs with strategic

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