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Project Management (PM)

Project management can be defined as a discipline of certain activities to manage a temporary endeavour (project) to achieve specific goals.

Project management can be defined as a discipline of certain activities to manage a temporary endeavour (project) to achieve specific goals.

These certain activities are initiating, planning, executing, controlling and meet the deliverables.

Project management is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements. A project is temporary in a specified timeframe, and therefore defined scope and resources.

The primary challenge is to meet all of the project goals within the given constraints. This information is usually described in a project plan. This project plan contains a scope, a time line, quality and budget. The challenge for the project team members and project leader is to optimize the allocation of necessary inputs and integrate them to meet pre-defined objectives.

Project-based work has many advantages for an organization such as deploying specialized staff and temporary hiring of personnel. Both the functional and operational management of employees are experienced as disadvantageous as is the continuous adaptation to the environment.

What are the most known and used project management tools and methods? What are their success stories and practical tips when you apply these? These posts are all about great tools and methods that can help you to achieve your goal or understand certain aspects that come with project management.

Toolshero

Business Case: the Basics and a Template

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Projects begin with strong motivation and positive goals at their inception. The development process creates doubts which need to be solved by the team. Our current goals would accept this decision as an appropriate match. Is the expenditure justified by…
Toolshero

MoSCoW Method of Prioritization explained

December 22nd, 2025

MoSCoW Method: This article explains MoSCoW Method in a practical way. Next to what it is (meaning, acronym and origin), and which advantages are connected to using this model, this article also highlights the MoSCoW Method requirements, including a practical…
Toolshero

Earned Value Management (EVM)

April 11th, 2025

Earned Value Management (EVM): this article provides a practical explanation of Earned Value Management (EVM). Next to what it is (definition), this article also highlights it’s origin, the goal, the terminology, a complete earned Value Management example of a…
Toolshero

Benefits Realization Management (BRM)

April 11th, 2025

In this article you will find a practical explanation of Benefits Realization Management (BRM). Next to what it is, this article highlights the framework of a plan, the key components, the responsibilities in Benefits Realization Management and A practical…
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