Project management is the process of planning, organizing, directing, and controlling the resources and activities of a project to achieve specific goals within a defined timeline and budget. It involves identifying project requirements, defining project scope, creating a project plan, and managing resources to execute the plan, monitor progress, and make necessary adjustments.
The goal of project management is to ensure that projects are completed on time, within budget, and to the satisfaction of stakeholders. It requires a range of skills and knowledge, including communication, leadership, risk management, budgeting, and scheduling.
Project management typically involves several stages, including initiation, planning, execution, monitoring and controlling, and closing. During the initiation phase, project goals and objectives are defined, and the feasibility of the project is assessed. In the planning phase, the project plan is developed, which includes defining project scope, identifying tasks and resources, and creating a timeline and budget. During the execution phase, the plan is put into action, and tasks are completed. The monitoring and controlling phase involves monitoring progress, managing risks, and making necessary adjustments to keep the project on track. Finally, during the closing phase, the project is completed, and the final deliverables are reviewed and accepted.
Overall, project management is a critical process that helps organizations achieve their goals by effectively managing resources and completing projects on time and within budget. ISS ensures a systematic approach and strong leadership skills to ensure successful outcomes.