PMOz Book of Abstracts (Sept. 2013) (Sept. 2013) | Page 6

Project management is the tactical planning, organising, directing and controlling of assigned resources to a project endeavor, in order to accomplish set objectives within the constraints of time, cost and performance. Managing By Project on the other hand goes far beyond the mere application of project management methodologies, tools and techniques, it rather facilitates the re-shaping of the organisation and its strategic portfolio of programs and projects around a culture of doing the right programs and projects right, while enhancing and maximizing business benefit as a key focus.

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