In a business context, projects are activities and workstreams which result in a change that benefits the business or contributes to the overall strategy.Read more
Project management is the initiation, planning, execution and control of these activities and workstreams to achieve the desired outcome. It involves various processes, methods and skills, as well as the effective management of resources such as people, finances and technology. A key feature of project management is that it has a final deliverable and a fixed timescale and budget
Project management professionals will help to define the goals of the project, as well as deciding when each element of the project should be completed and by whom. Their duties centre around ensuring the project runs smoothly, to time and on budget. An important factor of project management is team-working and the project manager will rely on other individuals to help meet these targets, for example, project accountants and project analysts.