Role Of Project Management

Project Conception And Initiation

Outcomes:

  • Transform ideas into a structured business plan.
  • Develop a comprehensive project roadmap.
  • Secure project sponsor approval for the budget and timeline.
  1. Create a project charter or business case
  2. Identify key stakeholders and pitch your project
  3. Run a feasibility study
  4. Assemble your team and tools

Project Planning

Outcomes:
  • Develop a comprehensive plan for executing, monitoring, and controlling the project.
  • Include a breakdown of tasks, a communication plan, and a risk mitigation strategy.
  • Articulate the goals of your initiative.
  1. Define the objective
  2. Establish the scope
  3. Create a budget
  4. Develop a timeline
  5. Create a Sshedule
  6. Assign resources and responsibilities

Project Execution

Outcomes:
  • Begin implementing the project management roadmap and plan.
  • Establish workflows, assign tasks to team members, and ensure everyone stays on track.
  • Keep stakeholders informed as the project progresses to maintain transparency and engagement.
  1. Leverage project management tools
  2. Delegate tasks effectively
  3. Empower your team to make decisions
  4. Be open to new ideas
  5. Manage team communication
  6. Measure progress regularly
  7. Control the scope

Project Monitoring & Controlling

Outcomes:
  • Collaborate with the team to resolve any issues that arise.
  • Monitor progress against the original plan and take corrective actions as necessary.
  • Assess performance using key performance indicators or critical success factors to ensure project success.
  1. Create a project scope baseline
  2. Establish a project schedule baseline
  3. Estimate project costs and define a budget
  4. Utilize a risk log and change log
  5. Establish quality control procedures
  6. Use project monitoring tools and create reports

Project Close

Outcomes:
  • Hand over the deliverables to the project sponsor for approval.
  • Conduct a final review that documents the lessons learned from the project.
  • Discuss failures and successes.
  1. Arrange a Post-Mortem
  2. Complete Paperwork
  3. Release Resources
  4. Archive Documents
  5. Celebrate Success
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