Project management is the planning and guidance of a project in terms of time, cost, and quality to deliver specific results. Project management involves planning, organizing, monitoring, and guiding implementation activities and strives to deliver accurate and expected results at the right agreed cost in a timely manner using the right resources. In other words, project management is the application of the knowledge, skills, tools and techniques needed to manage the flow of activities in order to meet the needs and expectations of the project executives. Project management utilizes two powerful project planning and control arms to accomplish this.
Planning: The process of planning, sequencing, and balancing the activities needed to execute a project, taking into account the time required to execute each activity and the quality assigned to it.
Project control: Project control is the process of maintaining the project path to achieving a justified economic balance between the three factors of cost, time and quality during project implementation, which helps its specific tools and techniques to accomplish this. In fact, control is the complete and complete execution of the program developed for the project, so that when leaving the program it is possible to identify the causes and plan the most economical activities to bring the project as close as possible to its original path. Project control uses three of the following factors:
- Determine the actual situation of the project.
- Compare actual situation with plan.
- Considered corrective action.