![]() ![]() What this means is that the PMO or the Project Management Office is a repository of all the projects that are being executed in an organization. Program Management is defined as a department that centralizes the management of projects. With the above definition of the project, one gets a clear idea on what a project is. It would be worthwhile to keep this definition in mind when categorizing projects and studying their role in the success of the organization. As the definition implies, not every task can be considered a project. ![]() The project must create something unique whether it is a product, service or result and must be progressively elaborated. The term project may be used to define any endeavor that is temporary in nature and with a beginning or an end. Project Management is the art of managing all the aspects of a project from inception to closure using a scientific and structured methodology. Project Management - Definition and Important Concepts ![]()
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