Project standards are set by the Project Management Office and probably by the project management officer. The portfolio of projects of the organization is also look after by this office. This helps the organization to access the use of resources across all projects handle the disputes that influence the project timelines. The linkage of communities across projects is also better examined at the place of Project Management Office. There are certain reasons for the efficiency of the knowledge transfer by using the communities as linkage point like
There is certain project life cycle for every project, program or product in which there are particular phases of development. The managers & executives should have clear understanding of these phases in order to better control total corporate resources in the accomplishment of desired objectives. The phases of development are referred as life-cycle phases. In recent years companies of different industries or even same industries are not agreed on the universally accepted phases of project life cycle.
Mostly projects are complex & multi-faceted and therefore certain project management skills are required for effective management of these projects. A challenge is faced for managing these complicated projects which require skills in leadership, team building, technical expertise, conflict resolution, planning, organization, administration, management support, entrepreneurship and allocation of resources.
When it comes to the introduction to project management, here it is important to understand the project management first. Project management is the field of organizing & managing resources in an effective manner, so that these resources provide all the needed work to complete a project within specified scope, cost & time limitations. In fact the project is one-time and temporary effort to develop unique product or service that results in the addition of value or beneficial change. This one time & temporary undertaking make the project different from operations or processes which are semi-permanent or permanent continuous functional work to develop same product or service repeatedly. All these facts are included in the introduction to project management.
In past there were no alternative management techniques or project management methodologies that were promoting the project management usage. The growth of project management in non project driven sector was viewed during the recession of 1989 to 1993. There are many layoffs in the white collar or managerial ranks as a result of that recession. There was emergence for allies for project management and main focus was to provide long term solution to the problems. From that moment, project management was started. The project management allies started emerging in 1985 and remained throughout the recession of 1989-1993.