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.
- Create a project charter or business case
- Identify key stakeholders and pitch your project
- Run a feasibility study
- 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.
- Define the objective
- Establish the scope
- Create a budget
- Develop a timeline
- Create a Sshedule
- 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.
- Leverage project management tools
- Delegate tasks effectively
- Empower your team to make decisions
- Be open to new ideas
- Manage team communication
- Measure progress regularly
- 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.
- Create a project scope baseline
- Establish a project schedule baseline
- Estimate project costs and define a budget
- Utilize a risk log and change log
- Establish quality control procedures
- 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.
- Arrange a Post-Mortem
- Complete Paperwork
- Release Resources
- Archive Documents
- Celebrate Success