PM Definitions 1

Is a collection of logically related project activities that culminates in the completion of one or more deliverables

Is a temporary endeavor undertaken to create a unique product, service, or result.

Is concerned with the ongoing production of goods and/or services.

Group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually.

It is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements

A project may or may not be part of a program.

Program Management focuses on the project interdependencies and helps to determine the optimal approach for managing them

Representation of phases that a project typically goes through from start to finish

Anyone who will or may or perceive to be affected by the project.

Framework, functions, and processes that guide project management activities in order to create a unique product, services, or result.