Project management is a component of investment activity that plays an important role both for individual organizations and enterprises, as well as for industrial sectors and public administration systems.
To understand the role of professional project management as a tool to combat economic instability, the article discusses the basic concepts, principles and key concepts of project management.
The conclusion is a list of literature on project management, which details this topic.
A bit of history
The foundation of modern project management began in the thirties of the last century, when world construction companies developed scheduling methods for implementing significant projects.
With the growing scope of project activities in 1950-1960, specialists realized the need to highlight project management as an independent discipline. From that moment, management principles began to change. The success of the project began to be measured:
- profit margin;
- amount of savings;
- compliance of costs with the approved budget.
Basic concepts and principles
Project management is an activity that is aimed at achieving the objectives of the project with the required quality, within the approved budget, on time, in the face of limited resources and uncertainty. Not the last role is played by the professionalism of the project manager and team.
In order to achieve the goal, it is important to develop a clear plan of sequential actions that will track the status of the project throughout the implementation period, record the work performed and allow you to make adjustments for deviations. Professional management is aimed at:
- reduction in the cost of work;
- increasing competitiveness;
- making additional profit.
Project management adheres to the following principles:
No. | Principle | The essence of the principle |
1 | Purposefulness | Orientation of the project to achieve final results |
2 | Systematic | Structuring the project and constantly presenting new requirements to it |
3 | Complexity | General ideas, circumstances and unforeseen cases that arise during the implementation of the project |
4 | Security | The main requirements of the project, its losses and losses |
5 | Priority | Fulfillment of primary tasks based on the general project implementation plan |
Project management concepts
To understand the principles of project management, you need to consider three concepts:
- The concept of the project content based on the project objectives.
- The concept of triple restriction.
- The concept of integration of technological and managerial competencies.
Detailed information on managing the timing, cost and quality of a project, as well as approaches to optimizing a project, is discussed in the project management literature .
Basic concepts and principles are well described in the books of Mazur I.I. and Polkovnikov A.V. Modern methods of management and optimization of the terms and budget of the project are given in the book of A. Kozlov.
Project Management Literature: Books and Magazines
- "Project management: the basics of professional knowledge", 2001. Author - Aleshin A. V.
- "Project Management", 2007. Author - Gray K. F.
- "Project Management", 2004. Author - Diethelm G.
- "Portfolio management of programs and projects", 2010. Author - A. Kozlov
- "Implementation of budgeting with window shift in project activities", 2011. Author - A. Kozlov
- "During and within the budget", 2010. Author - Lawrence L.
- "Project Management: A Training Manual", 2013. Author - Mazur I. I.
- "Guide to Key Processes, Models and Methods", 2006. Author - Orr A. D.
- "Full MBA in project management", 2013. Author - A. Polkovnikov
- "A Guide to Project-Oriented Management", 2007. Author - D. Turner
- "Fundamentals of project management in a company", 2008. Author - Funtov V. N.
- "Professional Project Management", 2005. Author - K. Heldman
- "Projects and project management in a modern company", 2009. Author - G. Tsipes
Project activities are dynamically developing and expanding the scope of application of methods and processes. Management standards, methodology and tools are being actively improved. The project management literature used in detail covers aspects of this topic.