Identify and Discuss Examples of Good/Bad Practice in the Management of

According to the UK Association of Project Management (APM) quoted in Atkinson (1999), it has produced a UK Body of Knowledge (BoK) which provides a broad definition for project management as: “The planning, organisation, monitoring and control of all aspects of a project and the motivation of all involved to achieve the project objectives safely and within agreed time, cost and performance criteria.”The planning of the project firstly consists of identifying and clarifying the tasks and necessary resources required for completing the project; the organisation phase or scheduling then allocates how much time is needed to complete each task, and finally the monitoring tracks progress and analyses performance and quality (Spinner, 1997). Time and cost management are both the most commonly used and important project management functions and are strongly linked with the level of success of the project. These are predicted during the planning phase of the latter; time, cost and quality are so closely linked that they form what is called the “Iron Triangle” (Atkinson, 1999).