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Project management Process
According to PMBoK, project management is the application of knowledge, skills, tools and techniques to project activities in order to meet or exceed stakeholder needs and expectations from a project.
Let us now discuss the process of Project Management.
Project management is a professional discipline with specific tools and skills. It is important for people in an organisation to understand and implement a common project management principle.
A formal project management system has to be recognised and established by senior management. Project management requires special concepts, skills and tools this has to be clearly understood by the senior executives.
Once the process capabilities of available processes are known the process selection is then just a question of matching the process capability with the tolerance specified
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