The basic analytical principles of project management

Since the birth of modern project management in the mid-1950s, the process and the effort of realizing projects has transformed: Today, organizations and project managers must contend with changes in production methods, growth of markets, low margin of error, increased international competition, and high cost of money. This article examines the basics of practicing project management in relation to eleven analytical principles, basics such as objectives, work breakdown structure, activity lists, networks, scheduling, estimating, milestones, accountability, control, and earned value.
member content locked

Log in or join PMI to gain access

or Join

Advertisement

Advertisement

Related Content

  • PM Network

    The Right Fit member content locked

    By Scott, Lindsay Project management recruitment professional, Lindsey Scott answers questions about job searching, working on more innovative and digitally driven projects, and earning professional development units…

  • PM Network

    A Foot in the Door member content locked

    By Scott, Lindsay Project management recruitment professional Lindsay Scott, answers questions about making the most of informal meetings and looking for new career opportunities beyond the usual sectors.

  • PM Network

    On Your Own member content locked

    By Thomas, Jen For project professionals, a boss can be the biggest advocate—or biggest obstacle—on the career path. A helpful manager will mentor and champion project wins, promote face time with high-level…

  • PM Network

    Bridging Ambition and Ability member content locked

    By Parsi, Novid Agile is everywhere, but not every organization is ready for it. According to the 12th annual State of Agile survey published by CollabNet VersionOne, 41 percent of organizations cite a lack of…

  • PM Network

    How to Get Hired in the Age of AI registered user content locked

    By Thomas, Jen From self-driving cars to search engines, artificial intelligence (AI) is slowly transforming the world around us. Now, it's starting to play a role in how project professionals land new gigs.…

Advertisement

Publishing or acceptance of an advertisement is neither a guarantee nor endorsement of the advertiser's product or service. View advertising policy.