The management of technology involves ever more complex challenges including task
complexity, rapid technology change, brief product life-cycles, complex cross-functional
organizations, critical path method (CPM), need for sophisticated people skills, and so on.
These challenges may be evident in other business environments; the high-technology
environment brings together a unique blend of challenges that place correspondingly
unique demands on management. “The unique technology-driven demands and the
approaches to dealing with them in a series of topic-focused” (Wellman, 2006). Project
Management is about planning, managing, organizing, controlling, and leading assets to
accomplish objectives and mission. It is about effective exertion to fulfil the task. It is one
time exertion that is made so as to bring particular results. Actualizing Enterprise Resource
Planning (ERP) in an organization requires one time exertion. The primary concern of the
undertaking project management is to develop an arrangement that characterizes or
highlights the objectives and mission, evaluate tasks to find out how to accomplish goals,
quantifying needed resources, prepare budgeting, and determine timeline for completion.
“Operations, involve work that is ongoing and does not have specified end dates”
(Kerzner, 2009). The paper compresses the idea of the project and project management.
The thoughts and procedures used for project evaluation, project selection, project
planning fundamentals, project cost control and the scheduling of a project utilizing critical
method (CPM),which are critical to contemporary innovation concentrated organization
globally have been talked about. Technology intensive organizations are known to be
project oriented and that has led to new tools and technologies coming out of high
technology organizational frameworks. The projects are brief, while, operations are
progressing. The number of tools and techniques are available to help the project manager
monitor and control projects. The Projects have determined begin and end dates and they
are finished when the objectives are refined.