What Is Project Management

by Ralph T. Dowson.
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The generally accepted definition is presented by the Project Management Institute in its Project Management Body of Knowledge (PMBOK) as the “application of knowledge, skills, tools, and techniques to project activities in order to meet or exceed stakeholder expectations from a project.”

The project lifecycle can be generally broken into three categories as follows:

1. Definition — the earliest part of the project, in which the purpose and requirements are clarified.

2. Planning — the second part of the project, in whcih responsibility is assigned and work is scheduled.

3. Implementation — the final phase in which deliverables are produced to meet the project objectives.

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