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Project Management & Logistics

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Project management is the process of overseeing a team’s work to achieve project goals within constraints. It involves planning, executing, monitoring, and closing a project.

Phases of project management:

  • Initiation

    The beginning of the project.

  • Planning

    Creating a plan for the project.

  • Execution

    Carrying out the project plan.

  • Monitoring and controlling

    Tracking the project's progress and making adjustments.

  • Closing

    Completing the project.

Project management constraints:

  • Scope

    The extent of the project.

  • Time

    The amount of time available to complete the project.

  • Budget

    The amount of money available to complete the project.

Project management methodologies:

  • Waterfall

    A sequential approach where each phase is completed before moving on to the next.

  • Agile

    An iterative approach that uses short sprints of work and is flexible in response to change.

  • Lean

    An approach that focuses on avoiding waste and using only resources that are necessary to complete the project.

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