Theory, Practice and Techniques in Project Management, 2nd Edition

A project can be characterized as a unique and temporary undertaking, pursued with the intention of accomplishing predetermined goals that may be defined through outputs, outcomes, or benefits. In order for a project to be considered successful, it must meet the objectives outlined by their acceptance criteria within an agreed timeframe and budgetary limit. Over the past three decades, people have acknowledged that project management is an effective tool for handling activities that are novel or complex. It is important to note that project management differentiates itself from ordinary "management" due to its inclusion of a final deliverable and predefined period of time, unlike the continuous nature of general management. Consequently, individuals involved in project management require a diverse set of skills including technical proficiency, aptitude in people management, and keen business acumen. The effectiveness of project management ultimately determines the success of real work associated with a project - impressive results achieved will become irrelevant if the overall effort turns out to be twice as expensive or delayed by one year from original intentions. Nonetheless, it is crucial not to understate the importance of actual work as it remains at the core of any successful production. Regardless of their competence level, no project manager can transform subpar work into an exceptional end product; alternatively extraordinary work may go unnoticed if inadequate attention is given to carrying out effective project management.

The book titled "Theory, Practice and Techniques in Project Management" 2nd edition aims to elucidate the principles and theories of project management, as well as demonstrate the applicability of various project management techniques. It has been widely acknowledged that different project management techniques play a crucial role in the successful implementation of projects, particularly in terms of time, cost, and quality planning and control. However, despite this recognition, the distinction between the actual project itself and its management is not always clearly defined. The book seeks to bridge this gap by exploring the overlap between these two entities and examining the potential impact of any confusion on their relationship. Furthermore, the book delves into the individuals involved in both projects and project management, emphasizing their objectives, expectations, and influences within these contexts. By highlighting these aspects, it sheds light on how certain situations arise where a project may fail while the project management process is perceived as successful or vice versa.