A project is a temporary, unique and goal – centred undertaking to produce value in the form of a specific good, service or result. The satisfaction of all the stakeholders is important. Hence, project management capability is required to maximize the value and quality of project deliverables and outcomes. How things get done to achieve short-medium-long term goals is critical to business.

 

 

Project management is the art and science of initiating, planning, executing, monitoring and completing a project in order to achieve a pre-defined objective, goals outcomes, including the need to meet customer expectations and maximize shareholder value.