Characteristics of Project Management

  1. Objectives oriented: Project management is focused on achieving specific project objectives with customer satisfaction. It is results-oriented.
  2. Change oriented: Project management is a vehicle for planning and managing change in an organized manner. It adopts flexibility in doing things in a risky environment.
  3. Single Responsibility Center: The project manager is the single responsibility center accountable for project outcomes. The role of project manager is crucial from inception to completion of the project. He is a project leader and champion. He motivates team members to excel.
  4. Team-based: Project management consists of a multi-disciplinary project team with a wide range of skill and experiences. The team has project dedication. Each member has responsibility and accountability for a unit of work. Self-management is emphasized. So is member participation. The team membership is flexible and changes with project needs.
  5. Functional Coordination: Project management requires coordination along functional lines. The work flow is both vertical and horizontal in a matrix organization structure.
  6. Planning and Control: Project management required integrated planning and control systems for continuous improvement.
  7. Constraints: Project management achieves results within the constraints of time, cost and quality. It is a time and resources limited activity. It is focused on customer needs.
  8. Body of Knowledge: Project management consists of a body of knowledge like;
  • Scope Management
  • Time Management
  • Change Management
  • Integration Management
  • Cost Management
  • Quality Management
  • Human Resource Management
  • Conflict Management
  • Risk Management
  • Procurement Management

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