3. What Is Project Management?


In Lesson 3 of the Project Management course, we move beyond the traditional view of project management as simply managing tasks, schedules, and costs.

You will learn how effective project management integrates people, decisions, resources, risks, stakeholder expectations, project objectives, and organizational goals to create meaningful outcomes and value.

In this lesson, you will learn:

• What project management really means

• Why project management is more than managing tasks and schedules

• How project work connects to deliverables, outcomes, benefits, and value

• How scope, schedule, finance, resources, risk, stakeholders, and governance interact

• Why project management requires integrated thinking

• Why different projects require different management approaches

• The importance of collaboration and leadership

• How proactive project managers anticipate, analyze, collaborate, decide, and act

• Why project success goes beyond scope, schedule, cost, and quality

• How to approach PMP scenario-based questions

One of the most important PMP mindsets introduced in this lesson is:

Understand before you act.

When facing a project problem, the project manager should first understand the situation, analyze its impact, involve the appropriate stakeholders, and then determine the most appropriate response.

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Next Lesson: Projects vs. Operations

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