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Application administration utilizes exactly the same ideas and procedures as project management, but as its identify suggests, it contains controlling plans in lieu of projects.

Nevertheless, the origins of project administration can be traced again to 1896 when Karol Adamiecki made the harmonogram, which was the inspiration for that Gantt chart, which was later made in 1910 by Henry Gantt and remains one of The key project management resources currently.

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The project management process consists of five techniques or phases that each one projects should go through: initiation, setting up, execution, checking and Manage and closure.

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The main distinction between project administration and project portfolio management is that the latter focuses on prioritizing projects based upon the business goals and strategic targets of a company.

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