Management is a practice of managing the business & human activities as well as to control the general functioning of an organization. Management directs the people & official staff to make a joint work to accomplish the given task in a pre- decided time period.
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Managements are at the core of any business. In simple terms, management is the management of day to day activities of a business. In the ancient times, business was carried out in simplest way with no complications. A product was made by the seller and put up on the market. The buyer used to buy it without any further demands and modifications. But, with time, customer's demands began to increase and this gave birth to competition. Thus, management, as a science came in to existence. In the preliminary phase, operations management was the only function and then came marketing, finance, human resource, Operations etc. So, Management is at the core of management science.
As the time passed, operations management evolved. The ideas of Operations Management Help roots back to the time of war when the armies used to manage the operations with various tools and techniques. The businesses learned from that and began applying the same tools and techniques in management of business operations. Management is a scientific process of managing all the activities necessary to complete to accomplish predefined aim or objective. A Project/ Project is any specific thing you require to complete. It can be a picnic, an examination or a product launch for a company. To complete a project, they must complete small activities & thus management of these activities becomes essential to get the best result with maximum efforts. This is where project, project management & its techniques come in to picture.
In business or personal life, there's definite activities which are process or regular & there's definite activities which are specific or non-routine. These activities are known as projects. To successfully complete these non-routine activities, they must plan & implement. Project management tools & techniques helps in successfully managing project activities & accomplish the highest feasible outcome with maximum work. Over the time, the importance of project, Project Management has increased to survive & succeed in this competitive & sophisticated world.