# Project Management

## Basic idea

Planning, delegating, monitoring, and controlling all aspects of a project — and motivating those involved — to meet objectives within targets for time, cost, quality, scope, benefits, and risk.

## Key facts

* Triple constraint: scope, time, cost — change one, the others move.
* Common methodologies: Waterfall, SCRUM, PRINCE2, Agile.
* Value comes from organising scarce resources, managing risk, retaining knowledge.

Project management is the planning, delegating, monitoring and controlling of all aspects of a project, and motivating those involved to achieve the project objectives within the expected targets for time, costs, quality, scope, benefits and risk.

Value lies in:

* Organising and structuring scarce resources.
* Managing risk.
* Identifying and clearing issues.
* Managing and implementing change.
* Retaining and re-using knowledge.
* Organisational wide learning from past successes and failures.

Project management methodoligies:

* Waterfall \[\[waterfall.md]]
* SCRUM
* Prince2
* Agile \[\[agile.md]]


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