This document provides an overview of key project management concepts:
- A project is a temporary endeavor undertaken to create a unique product, service or result that has defined objectives, start and end dates.
- Project management involves applying knowledge, skills, tools and techniques through five process groups (initiating, planning, executing, monitoring/controlling, closing) to meet project requirements.
- Project success is defined by completing the project on time, budget and scope and delivering a product/service that provides value to the organization. Key success factors include strategic leadership, culture, authority, risk management, and stakeholder engagement.
- Becoming a certified Project Management Professional (PMP) is an important way to demonstrate