Clarity Glossary for Project and Portfolio Management

Project Management

Project management includes all methods used to plan, manage and execute projects.

Explanation

ProjectProjectA project is a temporary initiative with clearly defined objectives, resources, and a specific outcome. management describes the structured execution of a project from initiation through planning to successful delivery.

Tasks, resources, timelines and budgets are coordinated to achieve a defined objective.

Project managers use various methods, tools and frameworks to manage projects efficiently and minimize risks.

Synonyms and Abbreviations

  • Project Control: Coordination of tasks, resources and timelines.
  • Project Planning: Planning of activities and project objectives.

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