Project Management

It was just a few decades ago, in the 1950s, that modern project management was first seen as an
individual subject within the area of economic sciences. Centuries back, so-called “projects” were finished
successfully, e.g. the building of the aqueducts in Roman times or the construction of the Great Wall in
China, but these projects were managed more on an ad-hoc basis mostly using informal techniques and
tools.