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Main definition of project management is:
Project management can be summarized in three most important factors that are time, cost and scope, which is commonly known as the triple constraint. Quality is the central theme in the diagram.
Diagram 1: The triple constraint
More recently, a new diagram replaced the old one that is project management diamond which includes quality as well. In this customer expectations are central theme because no two customer expectations are the same.
Diagram 2: The project management diamond
A project needs to go through six steps during its life:
It is the job or key responsibility of a project manager to direct, supervise and control the project from commencement till finish.
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