The project management philosophy incorporates the following fundamental beliefs:
The project is the primary focus for organizational activity with specifications and project tasks driving the work.
Resources and responsibility can be shared between the functional organization and the project.
The organization's matrix team completes projects on time, within cost, and performance specifications.
Planning and control are the principle techniques for achieving the project objectives with task completed sequentially through critical path networks.
Technology is usually the main method to make improvements.
Coordination of all project activities is the key to effective use of resources.
Teams in a matrix are the organizational structure for project management.
Authority, responsibility, and resources can be spread throughout the functional and project organization.
Numerous product lines and projects can be managed at the same time. An adequate reservoir of functional specialists can be maintained. Growth is encouraged through the project management process.
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What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.