ABSTRACT

A project is a temporary endeavor undertaken to create a unique product, service or result; and a project manager is the person responsible for leading a project from its inception through its closure, through the management of the people, resources and scope of the project. Project Management Institute (PMI) defines project management as the discipline of initiating, planning, executing, controlling and closing the work of a team, to achieve specific goals and meet specific success criteria. PMI global standards provide widely accepted guidelines, rules and characteristics for project, program and portfolio management. The sponsor is usually the project authority and initiates most project activity. The key team members collaborate with their fellow members to aid the project manager by contributing their expertise and completing their assigned work. Compromising any aspect of project delivery, i.e., time, cost, scope, can be a cause.