Project Management Community

Project Management is the act of leading a company initiative that typically has a start date, end date, specific funding constraints and deliverables. The Project Manager is essentially the General Manager of the company initiative, responsible for planning the full cycle of the project, defining and achieving milestones, managing the budget, securing funding, defining the scope, negotiating, securing and organizing internal and external resources, as well as problem solving. Project Managers must be very organized and systematic, they need to lead and manage various groups of resources that are strained by competing deliverables. In addition, they are responsible for profit and loss for the project. Some examples of projects include setting up a new retail store location, building a new factory or a new house construction, defining & commissioning new manufacturing equipment, choosing and implementing a new ERP system, or building a renewable energy solar or wind turbine facility.