Project management is the process of achieving project objectives by designing, implementing, and monitoring a project to achieve the project goals and objectives. A project can be a small task such as repair or renovation work or a more extensive complex activity such as designing and constructing a building. Projects are usually designed, planned, structured, and managed by the project manager. Project management is a broad-spectrum subject that covers the entire life cycle of a project. It is often known as project management because it is the process of making sure that the project, its goals, and objectives are met. Project management also addresses the management of the resources necessary to execute a project successfully. It often uses such resources as people, time, money, and materials (Watt, 2019). Project management includes not just the planning, scheduling, monitoring, and controlling but also the actual execution of a project. This includes managing tasks, issues, and even problems that come up during execution. Because of the broad scope of project management, its exact definition is difficult to pin down. Many project management roles, including those of project manager and PMO, can provide various perspectives, so it is essential to look at the different definitions of the role. A project manager is typically an expert at the execution of a project. Project managers have a formal education, as well as a specific skill set, and they know how to structure and implement a project. They are typically in charge of overall planning, execution, monitoring, and controlling a project. This includes planning for resources, planning and executing the project, managing the budget, and scheduling the team, among many others. Some of the people in the role of a project manager also include program managers and senior project managers (Watt, 2019).
1. Project management can be described as the application of project management knowledge and skills to achieve specific organizational objectives. Project management differs from leadership because project management does not necessarily require or involve the ability to bring about a change in a team, but it does require project managers to be change agents. Project management and project leadership are both strategic leaders that play a crucial role in helping projects succeed. However, while project management is a more specialized role in which people lead a team of professionals to achieve an established goal, project leadership has broader, sometimes philosophical implications. Most businesses have projects that need to be completed (Watt, 2019). A project is an assignment of a new product, new service, new operation, for which the goal of success is usually to fulfill the customer’s expectation, make a profit, sell more products or services, or avoid loss. Many companies also want to do a significant project. This means that they must complete a project that is not going to be completed over a short period of time and that it cannot be done with a fixed budget. They also have to have the experience and skill to do a project of that complexity. Project management is the process of designing and executing a project. The project manager is the strategic leader who develops project plans, assigns tasks, schedules them, monitors progress, and ensures the project is completed on time and within budget. The project manager oversees and coordinates the work of the project team, the resources that are available to the project, and the quality of the work (Watt, 2019).
Project managers and project leaders share similar characteristics. Both are strategic leaders who work with a team of people to accomplish the success of the project. In both cases, the project manager and the project leader have a good understanding of the project. However, a project manager needs to be proactive to ensure that the project is moving ahead. A project leader, on the other hand, typically focuses on the end result and on getting the project team to act together. There are times, however, when a project leader is the only person on the team that is responsible for the project’s success. If that is the case, that individual is referred to as the project manager (Patrucco et al., 2021). A project manager works with a project team to plan the steps for accomplishing the project. The project manager also needs to understand the project’s project goals. Once the project goals are established, the project manager takes action to make sure that these goals are met and that the project is successfully completed. A project manager also evaluates the project team and their performance. He or she is responsible for monitoring the progress of the project. This allows the project manager to make sure that the project is on track if that is what is needed. If the project manager is involved from the start, he or she will be part of the project team that does the work. It is the project manager’s job to make sure that the project team is clear on how the project is going to be completed (Patrucco et al., 2021).
Patrucco, A. S., Moretto, A.,