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The AMA Handbook of Project Management, 4th Edition by Jeanette Cabanis-Brewin, Paul C. Dinsmore

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CHAPTER 1

What Is Project Management?

Project Management Concepts and Methodologies

JOAN KNUTSON, PMP, PM GURU UNLIMITED

FRANCIS M. WEBSTER, JR., PHD, WESTERN CAROLINA UNIVERSITY, RETIRED

What do Wall Street and Main Street have in common? Both measure success relative to speed, quality, and teamwork. Growing behemoths and smaller emerging concerns tout project management as a vehicle to success. They use project management to plan and manage enterprise initiatives that generate revenue or contain costs. Those who compete to sell products or services use project management to differentiate themselves by creating a product of higher quality than that of their competitors and getting it to market sooner.

Project management is recognized as a necessary ...

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