Overview of Project Management

Definition: The application of knowledge, skills, tools, and techniques to project activities to meet project requirements.
Objective: Deliver a product, service, or result within defined constraints such as time, cost, and quality.

Project Life Cycle:
- Initiation: Define the project and obtain authorization.
- Planning: Develop a detailed project plan.
- Execution: Implement the project plan.
- Monitoring and Controlling: Track, review, and regulate the project and performance.
- Closing: Finalize all activities and formally close the project.
Triple Constraint:
- Scope: The work required to complete the project.
- Time: The schedule for project completion.
- Cost: The budget allocated for the project.
Stakeholders:
- Individuals or groups with an interest in the project.
- Importance of stakeholder engagement and communication.

Integration Management:
- Ensures all project components are coordinated.
- Involves developing the project charter, project management plan, and directing and managing project work.
Scope Management:
- Defines and controls what is included and excluded in the project.
- Involves scope planning, definition, verification, and control.
Time Management:
- Planning and controlling the schedule.
- Techniques include Gantt charts, Critical Path Method (CPM), and Program Evaluation and Review Technique (PERT).
Cost Management:
- Planning and controlling the project budget.
- Involves estimating costs, budgeting, and controlling costs.
Quality Management:
- Ensures that the project meets the required standards and satisfies stakeholder expectations.
- Involves quality planning, assurance, and control.
Human Resource Management:
- Organizes and manages the project team.
- Includes planning, acquiring, developing, and managing project teams.
Communication Management:
- Facilitates effective communication among stakeholders.
- Involves communication planning, information distribution, performance reporting, and stakeholder management.
Risk Management:
- Identifies, analyzes, and responds to project risks.
- Includes risk planning, identification, qualitative and quantitative analysis, and risk mitigation strategies.
Procurement Management:
- Acquiring goods and services from external sources.
- Involves planning, conducting, and managing procurements.

Project Management Software: Tools like Asana, Trello, JIRA, and Microsoft Project for tracking progress.
Agile Methodology: An iterative approach focused on flexibility and customer satisfaction.
Waterfall Model: A linear approach where each phase must be completed before the next begins.

Project Manager: Oversees the project, manages the team, and ensures project goals are met.
Project Sponsor: Provides support and resources for the project.
Project Team Members: Execute tasks assigned by the project manager.

Project management is the use of knowledge, skills, tools, and techniques to accomplish project activities effectively and meet specified requirements.
The primary goal is to deliver a product, service, or result while adhering to constraints related to time, cost, and quality.

Project Life Cycle:
- Initiation: Establishes the project's foundation and seeks authorization.
- Planning: In-depth planning covering all aspects necessary for execution.
- Execution: Active implementation of the project plan to produce deliverables.
- Monitoring and Controlling: Continuous oversight and adjustments to ensure alignment with the project plan.
- Closing: Completion of all project activities and formal project closure.
Triple Constraint:
- Scope: Encompasses all work necessary for project completion.
- Time: Refers to the timeline established for project execution and delivery.
- Cost: The financial resources allocated for completing the project.
Stakeholders:
- Important individuals or groups with vested interests in project outcomes.
- Effective engagement and communication with stakeholders are crucial.

Integration Management: Coordinates all project elements through processes like developing the project charter and management plan.
Scope Management: Defines project inclusions and exclusions, ensuring proper control.
Time Management: Involves techniques such as Gantt charts and CPM to plan and oversee project scheduling.
Cost Management: Focuses on budget estimating, creation, and cost control throughout the project.
Quality Management: Ensures products meet required standards and satisfy expectations, involving quality planning and control.
Human Resource Management: Manages project team organization, acquisition, development, and overall team management.
Communication Management: Enhances stakeholder communication via planning, information dissemination, and performance reporting.
Risk Management: Framework to identify, analyze, and mitigate risks throughout the project lifecycle.
Procurement Management: Covers the process of acquiring external goods and services necessary for project success.

Project Management Software: Applications such as Asana, Trello, JIRA, and Microsoft Project aid in tracking project progress systematically.
Agile Methodology: An adaptable and iterative approach designed to enhance flexibility and customer satisfaction in project delivery.
Waterfall Model: A sequential project management approach where each project phase depends on the completion of the previous one.

Project Manager: Responsible for supervising the project, team management, and achieving project goals.
Project Sponsor: Provides the necessary support and resources crucial for project execution.
Project Team Members: Execute specific tasks as assigned by the project manager to fulfill project objectives.