What is Project Management?

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

Management of business’ tasks and ordinary activities

Mono-disciplinary activity typically under the responsibility of entrepreneurs

What are the key defining pillars of Project Management?

TIME / RESULTS / PEOPLE

BUDGET / PEOPLE / COMMUNICATION

RESULTS / RESOURCES / TIME

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

Launch > Conclusion > Summative evaluation

Monitoring > Control > Conclusion

Project’s idea > Planning > Executing > Conclusion

What do we mean by Efficiency?

Achieving the planned results, at the lowest efforts

Satisfying targets’ expectation

Saving as many financial resources as possible

What is the Communication Work Package about?

Identification and engagement of KEY PLAYERS stakeholders

Coordination of project’s team

All of the above, and even more…