Outcome Definition Project Management. Dont confuse project outcomes with business outcomes As the new year approaches heres one resolution that will pay you back big time if you stick with it through 2017. The totality of plans and arrangements to enable the organisation to realise the defined benefits from a project or programme of projects.
However although all projects are approved in order to achieve outcomes benefits defined by the project funder project management is often perceived by organisations as a process aimed at generating a unique output. Eric Jenett of Brown and Root and also a past Chairman of PMI presents a very explicit definition of project management. Just completing the project activities does not guarantee that the outcomes were also achieved.
And a project is unique in that it is not a routine operation but a specific set of operations designed to accomplish a singular goal.
The importance of projects to improve operations management continues to gain wide acceptance. PM is the planning and scheduling and subsequent management and direction of the time phased pattern of application of resources time dollars people equipment material skills and knowledge to the execution completion of the various components and segments of a project. Project management is a critical practice that applies knowledge of process skills tools deliverables and techniques to project activities to ensure a solid path to project success by meeting goals and requirements. What is project management.