PM Solutions is a project management firm helping organizations execute, govern, and measure their portfolios to improve business performance.
Project Management Definition
While definitions of project management may vary depending upon the specific industries and organizations that apply it, a well-accepted definition developed by the Project Management Institute (PMI®) defines project management as “the application of knowledge, skills, tools and techniques to project activities in order to meet or exceed stakeholder needs and expectations of a project. Meeting or exceeding stakeholder needs and expectations invariably involves balancing competing demands. These demands usually include scope, time, quality and cost; identified requirements and unidentified requirements or expectations.”