ABSTRACT

The evolution of Project Management practices up to the last 70-80 years of its history shows the promising level of accomplishment that has been mostly achieved so far in the accurate definition of the degree of efficiency in projects, cost reduction, optimal resource allocation, in project breakdown techniques, in the formalization of responsibility assignment, in the critical analysis of variances affecting projects and in project risk management. Each of these pieces of the Project Management puzzle has been developed so far by using convenient and accurate techniques. Project Management has always been primarily based on planning. In the Roman world, Julius Caesar's personal experience with Project Management showed that certain projects intended for temporary use were not particularly easier than long-life projects. The first exhaustive and effective application of Project Management can be related to the atomic bomb studies carried out in the USA from 1942 to 1947. During the 1970s, Project Management techniques saw their ultimate consecration.