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MSP 1.1 Understand Project Management Concepts

Lesson 1.1 in Microsoft Project Tutorial and you will learn to:

Understand Project Management Concepts

Project management

As defined by the Project Management Body of Knowledge,

PROJECT is a temporary endeavor undertaken to create a unique product, service or result.

So, it has a specific

  • Beginning
  • End
  • Duration
  • Objectives
  • Uniqueness

Examples of Projects can be: Constructing a Building, Creating a new product, etc.


Project Management is successfully taking a project from its initiation to completion. The main guiding parameters for Project Management are:

  • Scope
  • Schedule
  • Budget
  • Quality
  • Resources
  • Risk




Project management tutorial - Grook network