What is Project Management?

Management of business’ tasks and ordinary activities

Application of processes, methods, skills, knowledge and experience to achieve specific project objectives.

Mono-disciplinary activity typically under the responsibility of entrepreneurs

What are the key defining pillars of Project Management?

RESULTS / RESOURCES / TIME

BUDGET / PEOPLE / COMMUNICATION

TIME / RESULTS / PEOPLE

What are the common phases of the Project’s lifecycle?

Project’s idea > Planning > Executing > Conclusion

Monitoring > Control > Conclusion

Launch > Conclusion > Summative evaluation

What do we mean by Efficiency?

Achieving the planned results, at the lowest efforts

Saving as many financial resources as possible

Satisfying targets’ expectation

What is the Communication Work Package about?

Identification and engagement of KEY PLAYERS stakeholders

All of the above, and even more…

Coordination of project’s team