{"id":5387,"date":"2019-11-12T05:58:24","date_gmt":"2019-11-12T05:58:24","guid":{"rendered":"https:\/\/digitalschoolofmarketing.co.za\/?p=5387"},"modified":"2022-09-05T19:24:12","modified_gmt":"2022-09-05T17:24:12","slug":"what-are-the-fundamentals-of-project-management","status":"publish","type":"post","link":"https:\/\/digitalschoolofmarketing.co.za\/blog\/what-are-the-fundamentals-of-project-management\/","title":{"rendered":"What are the fundamentals of project management?"},"content":{"rendered":"<section class=\"l-section wpb_row height_medium\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_grid cols_3-1 laptops-cols_inherit tablets-cols_inherit mobiles-cols_1 valign_top type_default stacking_default\"><div class=\"wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"w-image align_center\"><div class=\"w-image-h\"><img decoding=\"async\" width=\"700\" height=\"493\" src=\"https:\/\/digitalschoolofmarketing.co.za\/wp-content\/uploads\/2019\/11\/i-project_management-c-2-l-1-e1573477866737.jpg\" class=\"attachment-full size-full\" alt=\"DSM Digital School of Marketing - project management\" loading=\"lazy\" srcset=\"https:\/\/digitalschoolofmarketing.co.za\/wp-content\/uploads\/2019\/11\/i-project_management-c-2-l-1-e1573477866737.jpg 700w, https:\/\/digitalschoolofmarketing.co.za\/wp-content\/uploads\/2019\/11\/i-project_management-c-2-l-1-e1573477866737-600x423.jpg 600w, https:\/\/digitalschoolofmarketing.co.za\/wp-content\/uploads\/2019\/11\/i-project_management-c-2-l-1-e1573477866737-300x211.jpg 300w, https:\/\/digitalschoolofmarketing.co.za\/wp-content\/uploads\/2019\/11\/i-project_management-c-2-l-1-e1573477866737-284x200.jpg 284w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/div><\/div><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p>The term \u2018project management\u2019 refers to the application of knowledge, skills, tools as well as techniques to projects in order to meet project requirements.<\/p>\n<p>Project management is successfully carried out through the use of the processes such as:<\/p>\n<ul>\n<li>Initiating,<\/li>\n<li>Planning,<\/li>\n<li>Executing,<\/li>\n<li>Monitoring and Controlling, as well as<\/li>\n<li>Closing<\/li>\n<\/ul>\n<p>Projects can be divided into these phases in order to provide better management control with suitable links to the continuing operations of the performing organisation. Together, these phases are termed the \u2018project life cycle\u2019.<\/p>\n<h2><strong>The role of project management<\/strong><\/h2>\n<p><a href=\"https:\/\/digitalschoolofmarketing.co.za\/blog\/how-to-project-manage-creation-of-an-advertisement\/\">Project<\/a> management is needed in order to manage projects effectively as well as drive them to success. The procedure of project management begins with the decision to start a project once the need and the viability for the project have been weighed up.<\/p>\n<p>Once a project kicks off, it is crucial to monitor the project progress at every step to ensure that it delivers what all is required:<\/p>\n<ul>\n<li>In the stipulated time, and<\/li>\n<li>Within the allocated <a href=\"https:\/\/digitalschoolofmarketing.co.za\/blog\/developing-brand-identity-on-budget\/\">budget<\/a>.<\/li>\n<\/ul>\n<h2><strong>What is meant by the nature and scope of a project? <\/strong><\/h2>\n<p>The discipline of project management encompasses a set of core activities that assist with achieving project goals as well as objectives. It includes:<\/p>\n<ul>\n<li>Planning,<\/li>\n<li>Organising, as well as<\/li>\n<li>Managing various project arenas through which required results can be attained.<\/li>\n<\/ul>\n<p>The nature and scope of the project examines aspects such as scope, time as well as budget which restrict activities or set the limits within which project management must be controlled<\/p>\n<\/div><\/div><div class=\"w-video align_none ratio_16x9 has_iframe\"><div class=\"w-video-h\"><iframe title=\"Vimeo video player\" src=\"https:\/\/player.vimeo.com\/video\/298349431?autoplay=0&loop=0&autopause=0&color=00adef&portrait=0&byline=1&title=1&controls=1&muted=0\" frameborder=\"0\" allow=\"autoplay; fullscreen\" allowfullscreen loading=\"lazy\"><\/iframe><\/div><div class=\"w-video-icon\" style=\"font-size:1.5rem;background:rgba(0,0,0,0.5);color:#fff\"><\/div><\/div><div class=\"w-separator size_medium\"><\/div><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><h2><strong>Tools used in project management<\/strong><\/h2>\n<p>As part of the project management procedure, the project manager or those in charge of the project should make use of tools that help them to organise tasks, track hours, create a centralised location from where everything can be taken as well as collaborate with partners.<\/p>\n<p>In order to make sure that the project is kept on the right track, it is essential to have project-control mechanisms in place. The correct amount of control must be applied as too much control can be really time-consuming. However, taking less control can make the project get out of hand.<\/p>\n<p>A project&#8217;s success is decided on whether or not the project was finalised within the stipulated time period, within the set budget as well as if it has met customer requirements. The scope of the project scope is about the work which needs to be accomplished in order to provide a product, service or result with the specific features as well as functions.<\/p>\n<p>Based on the definitions of a project, it is possible to see that the nature as well as characteristic elements of a project are the following:<\/p>\n<h3><strong>Uniqueness<\/strong><\/h3>\n<p>A project is a one-time set of events. By stating that each project or task is unique, one is saying that the repetition of a task repetition cannot be a prominent feature. If this is the case, we would be able to solve the task once and merely copy or standardise the processes. A project may be similar to previous projects however it is unique in terms of timeframes, resources and business environment.<\/p>\n<h3><strong>Constraints of time and scope<\/strong><\/h3>\n<p>The feature of uniqueness also entails that a project must be enclosed both in scope (totality of work needed to complete a project) and time (there must be a beginning and an end). This delimitation may not be entirely clear from the outset, and it could even change during the course of the project, however if one experienced a permanent stream of changing tasks, it could be possible to say that this was no longer a single project.<\/p>\n<h3><strong>Constraints of resources<\/strong><\/h3>\n<p>A lack of resources &#8211; such as money, time, equipment, tools and specialised skills &#8211; can significantly influence the potential success of a project.<\/p>\n<h3><strong>Complexity<\/strong><\/h3>\n<p>A project consists of complex as well as numerous activities. The task must have some complexity before it belongs to a project. If the task were simple, most people would know how to solve it and the amount of organisational overhead normally associated with a project would not be needed.<\/p>\n<h3><strong>Specified deliverables<\/strong><\/h3>\n<p>Deliverables is a term that is used in project management to describe a tangible or intangible object that is produced as a result of the project.<\/p>\n<p>Are you in the media? If so, then you\u2019ll know that the media industry is characterised by many, many projects. As such, you\u2019ll need to know how to manage these elements.<\/p>\n<h2><a href=\"https:\/\/digitalschoolofmarketing.co.za\/contact-us\/\">Get in touch with the Digital School of Marketing<\/a><\/h2>\n<p>If you want to know more about our <a href=\"https:\/\/digitalschoolofmarketing.co.za\/courses\/digital-marketing-course\/\">Digital Marketing courses<\/a> and brush up on your project management skills, we suggest that you do our Project Management in the Media Course. <a href=\"https:\/\/digitalschoolofmarketing.co.za\/courses\/project_management_for_the_media_course\/\">Read more here<\/a>.<\/p>\n<p><a href=\"https:\/\/digitalschoolofmarketing.co.za\/courses\/digital-marketing-course\/\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-759 size-shop_single\" src=\"https:\/\/digitalschoolofmarketing.co.za\/wp-content\/uploads\/2018\/08\/DSM_Footer04-600x96.jpg\" alt=\"DSM Digital School of Marketing Digital Marketing course registration\" width=\"600\" height=\"96\" \/><\/a><\/p>\n<\/div><\/div><\/div><\/div><div class=\"wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"w-btn-wrapper align_justify\"><a class=\"w-btn us-btn-style_2\" href=\"#enquiry\"><span class=\"w-btn-label\">Enquire Today<\/span><\/a><\/div><div class=\"w-separator size_medium\"><\/div><h3 class=\"w-text us_custom_6caa4608 has_text_color\"><span class=\"w-text-h\"><span class=\"w-text-value\">Blog Categories<\/span><\/span><\/h3><div class=\"wpb_text_column us_custom_5cd26a65\"><div class=\"wpb_wrapper\"><ul>\n<li class=\"cat-item cat-item-1\"><a href=\"\/blog\/content-marketing\/\">Content Marketing<\/a><\/li>\n<li class=\"cat-item cat-item-2\"><a href=\"\/blog\/digital-marketing\/\">Digital Marketing<\/a><\/li>\n<li class=\"cat-item cat-item-2\"><a href=\"\/blog\/cyber-security-blog\/\">Cyber Security<\/a><\/li>\n<li class=\"cat-item cat-item-2\"><a href=\"\/blog\/graphic-design-blog\/\">Graphic Design<\/a><\/li>\n<li class=\"cat-item cat-item-3\"><a href=\"\/blog\/public-relations\/\">Public Relations<\/a><\/li>\n<li class=\"cat-item cat-item-4\"><a href=\"\/blog\/seo\/\">SEO<\/a><\/li>\n<li class=\"cat-item cat-item-5\"><a href=\"\/blog\/social-media-marketing\/\">Social Media Marketing<\/a><\/li>\n<li class=\"cat-item cat-item-5\"><a href=\"\/blog\/web-design-blog\/\">Web Design<\/a><\/li>\n<\/ul>\n<\/div><\/div><div class=\"w-separator size_medium\"><\/div><h3 class=\"w-text us_custom_6caa4608 has_text_color\"><span class=\"w-text-h\"><span class=\"w-text-value\">You might also like<\/span><\/span><\/h3><div class=\"w-html\"><ul><li><a href=\"https:\/\/digitalschoolofmarketing.co.za\/social-media-marketing-blog\/zero-moment-of-truth-benefit-social-media-marketing\/\" rel=\"bookmark\">Use the Zero Moment of Truth to Benefit your Social Media Marketing<\/a><\/li><li><a href=\"https:\/\/digitalschoolofmarketing.co.za\/digital-marketing-blog\/your-complete-guide-to-ppc-marketing-basic\/\" rel=\"bookmark\">Your Complete Guide to PPC Marketing Basics. 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