This document introduces concepts related to project management. It defines a project as a temporary endeavor with a defined beginning and end, undertaken to produce a unique product or service. Project management is described as the process of planning, organizing, motivating, and controlling resources to achieve specific goals within constraints of time, budget and scope. The main concepts are that a project must be completed on time and within budget, and meet performance requirements. Reasons for the importance of project management include global competition, increased knowledge, corporate downsizing, and greater customer focus. Characteristics of a project include established objectives, defined lifespan, involvement of multiple teams, and unique time/cost/quality requirements.

1. CONCEPTS OF PROJECT
MANAGEMENT,
CHARACTERISTICS OF
PROJECT AND
IMPORTANCE OF PROJECT
MANAGEMENT
PRESENTED BY:-
CHAITRALI TANPURE
HARSHIT BAIRWA

2. INTRODUCTION
WHAT IS PROJECT?
 A Project is a complex , non-routine, onetime effort
limited by time , budget, resources , and performance
specifications designed to meet customer need
 Its a temporary endeavour designed to produce a
unique product ,service or result with defined
beginning and end, undertaken to meet unique goals
and objectives

3. CONTD….
WHAT IS PROJECT MANAGEMENT?
 It is the process and activity of planning, organizing,
motivation, and controlling resources, procedures and
protocols to achieve specific goals .

4. CONTD…
The project management processes fall into five groups:-
 Initiating
 Planning
 Executing
 Monitoring and controlling
 Closing

5. CONCEPTS OF PROJECT MANAGEMENT
• The main concepts of project management are as
follows:-
•It must get completed
•It must be completed within budget
•It must get completed with allocated time
•It must perform to satisfaction

7. IMPORTANCE OF PROJECT
MANAGEMENT
•Global Competition
•Knowledge Explosion
•Corporate downsizing
•Increased Customer Focus

8. CHARACTERISTICS OF PROJECT
•The project should have the following characteristics:-
• An established objective
• A defined lifespan with a beginning and end
• Usually, the involvement of several departments and
professionals
• Typically, doing something that has never been done before
• Specific time, cost and performance requirements.

9. CONTD…..
•It is a part of process to achieve the goals
•It should be unique

10. CONCLUSION
•Project Management is fast becoming an exciting new
profession .
•It seems to have captured the attention of all those who
are looking for results.

11. •ANY
QUESTIONS?

12. BIBLIOGRAPHY
•PROJECT MANAGEMENT – managerial process by
clifford f. gray and erik w.larson
•www.google.com
•www.icmrindia.com
•www.tatamcgrawhill.com

13. THANK YOU