Today's corporate organizations have developed a completely new way of doing business that has overturned the rigid, hierarchical and divided system of labour in past years. Modern organizations are characterized as dispersed, technology driven, human focused and skill based. The discipline of project management is extremely versatile and can be adapted to any business or industry.
Project management deals with planning, organizing, staffing, directing, controlling and securing to achieve the goals within an organization while taking into account three main pre-defined criteria: time, budget and scope. Project management contributes to processes optimization and proper resources allocation. The project management discipline combines theories of communication, risk management, finance, business administration and even design.