The Pyramid of Giza, Taj Mahal, The Great Wall of China, Taj, those are examples of successful projects in history, and proof that Project management practised ever since humans inhabited the earth. Unfortunately, there is very little documentation done on the skills and techniques to run such complex projects. In 1950s, project management was modernized, and project management tools, such as Gantt Charts and keeping of proper records for project activities, were systematically applied to projects carried out. Today, most people are involved in projects, direct or indirectly, during daily work and life. Many project managers have a wrong perception that any project completed on time and within budget is a successful project. This is NOT TRUE! A project completed on time and within budget, but if it DID NOT meet scope and stakeholder’s expectations, it is still a failed project.
Once a project initiated, proper planning with clearly defined objectives and scope is critical. A project without an objective is like driving without a destination, and you will be lost. There are five stages of Projects which have been introduced by Project Management Body of Knowledge (PMBoK).