Glossary of Project Management - M

M

  • Management in business and human organization activity is simply the act of getting people together to accomplish desired goals. Management comprises planning, organizing, staffing, leading or directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal.
  • Management process is a process of planning and controlling the performance or execution of any type of activity.
  • Management science (MS), is the discipline of using mathematical modeling and other analytical methods, to help make better business management decisions.
  • Megaproject is an extremely large-scale investment project.
  • Motivation is the set of reasons that prompts one to engage in a particular behavior.

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