The project is a planned set of interrelated tasks to be executed over a fixed period and within certain cost and other limitations. Project management is a systematic process of planning, organizing, analyzing, implementing, and controlling of project’s to ensure the best possible use of resources.
The differences between Project and Project Management are as follows:
- A Project is a temporary endeavor undertaken to create a unique product, service, or result.
- It’s a temporary group activity designed to produce a unique product, service, or result.
- It is not a routine an operation.
- Project team often includes people who don’t usually work together.
- It is generally deemed to be a success if it achieves the objectives according to their acceptance criteria, within an agreed timescale and budget.
- Project management is the planning and organization of an organization’s resources in order to move a specific task, event or duty toward completion. Project management typically involves a one-time project rather than an ongoing activity, and resources managed include both human and financial capital.
- It is related to the activities to make the project successful.
- It is a routine operation.
- Project management team generally includes people who usually work together.
- It is the application of processes, methods, knowledge, skills, and experience to achieve the project objectives.