Essay about Project Management

15115 Words Aug 5th, 2014 61 Pages
PROJECT PLANNING AND MANAGEMENT
(Project Planning / Project Formulation / Project Implementation / Preparation of Project Proposal)
Compiled by

S.Rengasamy, Madurai Institute of Social Sciences One Of the most important administrative developments in the developed as well as in developing countries has been the initiation and growth of a large number of new programs projects in every field like Since the 1950s the development agenda has been agriculture, irrigation, industry, community characterized by projects and programs aimed at improving the quality of life of beneficiary communities, development and social welfare etc.. The principle be it in physical or qualitative terms. Despite significant aims and objectives of all these
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It was also recognized that projects were more likely to succeed when account was taken of the socio-economic context in which they operated. The rationale for using sound project management is to achieve sustainable development. The simplest definition of a project is "it is a unique set of activities with a beginning and an end, undertaken to meet some established goals, objectives and deliverables within defined constraints of scope, quality, time, cost and stakeholder or customer satisfaction." More than 2,500 years ago, the famous Chinese philosopher, Confucius, expressed this sentiment. "In all things, success depends upon previous preparation - and without such preparation there is sure to be failure." In modern parlance, this elementary observation translates into a simple two-step sequence: 'Plan before doing', or the more popular exhortation 'Plan Your Work, Work Your Plan!' This basic concept is the foundation of the project life cycle by which projects need to be managed. First plan, then produce.

As in the case of all definitions, the term program / project has a variety of meaning. Definition of a project 1. Programs / Projects are tools to achieve the plan goals. E.g. Plan goal – Removal of poverty. Plan tool – IRDP, JRY, TRYSEM etc. 2. A project is an investment of resources in a package of interrelated time found

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