Agile vs Traditional Project Management

A project is defined by A Lester as, “a unique set of coordinated activities, with definite starting and finishing points, undertaken by an individual or organisation to meet specific objectives within defined schedule, cost and performance parameters” Lester (2007, p.1).

Project Management is the art of arranging, sorting out, spurring, and controlling resources to attain specific objectives. A project is a brief endeavor intended to deliver a unique product, service, attempted to meet extraordinary objectives and goals, commonly to achieve helpful change or included quality.

The definition of a project is “a temporary endeavour undertaken to create a unique product or service. Temporary means every project has a definite beginning and an end. Unique means that the product or service is different in some distinguishing way from all other products or services”.(Project Management Institute., 2008)

Out of this project management systems RIBA and PMBOK are two systems which are widely

1-Project: " An endeavor in which human, material, and financial resources are organized in a novel way, to undertake a unique scope of work, of given specification, within constraints of cost and time, so as to achieve beneficial change defined by quantitative and qualitative objectives"(Turner & Müller 2003).

‘A project is a connected sequence of activities involving a range of resources, designed to achieve a particular outcome and frequently used as an instrument of change. It takes place within a defined period of time and is the responsibility of a single individual or agency’ (CMI p17)

Projects are unique because it is a one-time operation designed to accomplish a set of objectives in a limited time frame. They all involve planning, preparation, and coordinating work that is to be done. Priorities must be set in order for the project to be accomplished. Project management techniques and software is necessary to maintain a schedule and budget performance. Project Management is the set of knowledge, skills, and abilities that plan, organize, implement, control, and complete projects given finite resources of people, equipment, and time.

A project is the temporary endeavour undertaken to create a unique product or service. The elements of projects are: complex and one-time processes; limited by budget; schedules and resources; developed to resolve a clear goal or set of goals; and customer focussed. Project management the application of processes, methods, knowledge, skills and experience to achieve the project objectives. Tom Peters an American business management writer states a “Projects, rather than repetitive tasks, are now the basis for most value-added in business” (Peters, 1991, p. 1).

At first should the terminology be defined. A project is "a unique set of coordinated activities, with a definite start and finishing point, undertaken by an individual or organisation to meet specific objectives within

Project management is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.

A Project is a “temporary endeavour undertaken to create a unique product, service or results” (PMI 2013,p.3). Through arrangement of planned activities, a project is to achieve a desired goal within a specified period of time, cost and quality (APM 2012). The temporary nature of the project

A project is defined as a unique set of co-ordinated activities with a finite duration, defined cost and performance parameters and clear outputs to support specific business objectives.

A project is basically an assignment which has a definitive start and end times. It is a task undertaken to create a product or a service. Every project usually performs a unique set of operations which is performed by a team of resources to accomplish the goal. This team consists of people who usual perform different roles and carry different responsibilities. In most of the cases, these people work in different geographical location, in different time zones and may also work in different organizations. Developing a software for an improved business process, a software product which can be used by organizations, construction of a bridge, making a movie – are all projects.

Another definition for a project given by the dictionary is “an individual or collaborative enterprise that is carefully planned to achieve a particular aim”. The explanation given by the dictionary could be enhanced by adding that the project

Project Management can be defined as the application of knowledge, skills, tools and techniques to project activities to meet the project requirements. The different processes involved in project management are, (Guide 2001)