Introduction to Project Managment

Posted by Christophersen Calhoun on April 21st, 2021

Arrival The purpose of this paper is always to gain an understanding of venture management and to give a brief overview of the methodology that underpins most formally manage projects. Many organisations never employ full time Project Administrators and it is common to pull along a project team to address a specific need. While most people are certainly not formally skilled in project methodology, taking a role inside a project team can be an fantastic learning opportunity and can improve a person's career profile. What exactly is Project? A project is a non permanent and one-time exercise that varies in duration. Additional info is undertaken to address a specific need in an organisation, which may be to make a product or service or to change an enterprise process. This is in strong contrast to how a organisation generally works on a new permanent basis to produce their particular goods or services. For example the work of the organisation may be to production trucks on a continual schedule, therefore the work is considered efficient as the organisation creates the identical products or services over-and-over again and people hold their roles for a semi permanent basis. Precisely what is Project Management? A project is mostly initiated by a perceived want in an organisation. Being a 1 off undertaking, it will have some sort of start and an end, constraints of budgets, time and information and involves a purpose designed team. Project teams contain many different team members, for example , ending users/customers (of a product or service), representatives from It (IT), a project leader, company analysts, trainers, the undertaking sponsor and other stakeholders. Task management is the discipline associated with managing all the different resources and also aspects of the project so that the resources will deliver the many output that is required to complete often the project within the defined chance, time, and cost limits. These are agreed upon in the job initiation stage and by some time the project begins all of stakeholders and team members will have a clear understanding and acceptance of the process, methodology and also expected outcomes. A good venture manager utilises a formal course of action that can be audited and applied as a blue print for any project, and this is achieved by employing a project management method. Project Management Methodology Typically, projects are split into several phases Initiation, Implementation as well as Closure. Each phase after that has multiple checkpoints that need to be met before the next level begins. The degree to which task management is managed will depend on how big the project. For a intricate project in a large company that involves a number of people, resources, time and money, a more structured approach should be applied, and there will be more measures built into each stage on the project to ensure that the job delivers the anticipated effect. For a simple project in a small organisation, agreed milestones, a few checklists and someone to co-ordinate the project may be everything is required. Initiating a Project Just about all projects start with an idea for a product, service, new capacity or other desired outcome. The idea is communicated into the project sponsors (the folks who will fund the project) using what is called whether mandate or project hire. The mandate is a record structured in a way that lays out a clear method for proposing task management and should result in a business benefits of the project. Once the enterprise case has been approved a far more detailed document is organized that explains the undertaking and it is known as the 'The Project Definition Report' (PD). The PD is not only employed to provide detailed information on the actual project, but is the statement on which an assessment is created as to whether the project really should proceed or not. Some of the key areas it covers is a scope of the project, link between any feasibility studies, and exactly it is intended to deliver. Likewise this document will recognize the key people involved, information required, costs and expected duration as well as benefits on the business. A project usually has a goal (the big picture) and this has to then become broken down into objectives you may use to measure whether you will have achieved your aims. With this list you must then identify what is known as 'Key Good results Criteria', and these are the aims that are 'key' to the failure or success of the project - whether or not other objectives are met. These obviously vary from venture to project. Once the project has been given the go ahead, then a contract document is sucked up and the project sponsor employs this to give formal contract to funding the project and for the project begin the process. The initiation phase is then considered to be completed. Implementing a Project The implementation phase is mostly about tracking and managing the project. The first thing that happens as soon as the project begins is to use typically the Project Definition Report to build a project plan which defines how to perform what is specific on the PD report. Often the PD is more of a overview of the project, so a detailed project plan must be created to fill in the fine detail of how the project will be run. The project plan will be the central document that is used to manage the project for its timeframe so getting agreement as well as acceptance from all of the group on aspects such as the project milestones, phases and assignments, as well as who is responsible for each task, associated timelines and exactly deadlines are to be met. A number of the stages in implementing a project are quality control, development control, change control along with risk management. The first aspect we will discuss is danger management, as once you have planned the project it is important to contrast any factors that could impact upon it. 'Risk' in this instance is considered to be anything that could adversely impact on the project assembly completion deadlines. For example dropping team members due to illness or even attrition, not having taken workforce members' annual leave under consideration, the possibility of having to retrain brand-new team members, equipment not being supplied on time or contractors losing sight of business. A risk diary is used to record in addition to grade risks and includes an associated action decide to minimise the identified chance. Issues management is an connected area and refers to issues related to the project lifted by any stakeholder. This particular phase also involves the Project Manager in high quality control, whereby regular evaluations are made in formalised gatherings to ensure the 'product' that is staying produced by the project is actually reviewed against specific pre-defined standards. Progress Control is a responsibility of the Project Manager and is the monitoring with the project and the production of regular progress reports to talk the progress of the job to all stakeholders of the task. As most projects do not get exactly to plan, the progress control is to keep close track of the direction of the project and monitor the degree on which the plan is followed and take appropriate action in case stages are deviating from plan by employing regular project tracking. This is achieved by having regular checkpoints during the course of the project that will have been established in the project definition. These meetings may be weekly and are used to monitor and command all that is going on with the project as well as capture statistics via each project team member in actual start and finish appointments for their allocated tasks along with estimates for the next round connected with tasks. By the nature compared to most projects never going just to plan, changes will likely need to be made to the length, direction and also type of tasks carried out by the team. This has to be fully revealed by the Project Manager in the form of 'change control'. Change manage involves the Project Administrator in documenting requests for change, identifying the impact around the project if the change will be implemented (e. g. does it affect the finish time with the project, will the project run over budget, are there enough resources) and then informing all stakeholders of the implications and alternatives that the request for change possesses identified. The implementation cycle ends once the project provides achieved its goals and objectives as detailed by the key accomplishment criteria in the Project Explanation Report. Closing a Project All projects are designed for a specific timeframe and the process of project close up is an important aspect of project administration. The purpose of a formal closedown on the project is to address almost all issues generated by the project, to release staff from the task and go through a 'lessons learnt' exercise. At this stage an official acceptance from the customer (the person for whom the method product has been created) is definitely gained to indicate their sign-off on the project. This is normally done in the form of a customer popularity form and is the formal acknowledgement from the customer the project has ended. Once fixed off, the project workforce is disbanded and no much more work carried out. However the task team will come together so it is called a Project Review Conference, to formally end the project and go over any outstanding issues such as continuous maintenance, the closing involving project files and carry out a team review of the actual project. As a result a Project Seal Report is created to formalise how successfully the undertaking has achieved its aims, and how well the job has performed against it has the original business case, the scope, project plan, finances and allocated timeframes. The actual Project Manager may also make a process improvement document this reviews the processes used by typically the project (e. g. what did we do well, exactly what mistakes did we make) so that the organisation can study on this project and make additional projects more successful. Because the venture was run by a workforce of people who have spent a lot of time involved in the success of a specific piece of work, that has taken them out of their usual day-to-day activities it is important to hold some sort of social closing event. It might be a dinner, drinks or any type of group activity where everyone can be recognised as well as rewarded for their efforts. How does a person be a Good Project Supervisor? Aside from understanding the methodology, additional characteristics to keep in mind for productive project management. Given that any project is involved with a project team as well as the stakeholders, a fantastic Project Manager needs to have but not only excellent time management capabilities but also good people capabilities such as: Excellent communication expertise. The ability to be a team player. Excellent interpersonal skills. The ability to make a deal. Experienced Project Managers feel there are two key components in determining the accomplishment of a project: 1 . Recruitment and selection of suitably skilled project members to appropriate project positions is essential. Hiring of project team members needs to be handled with the same self-discipline and rigour as the crew recruiting of new employees to fulfil the ongoing positions in the business. 2 . A well documented methodology that is definitely kept simple and easily flexible to different sizes of jobs is a critical foundation with regard to ensuring project success. This documented methodology needs to be communicated to project team members included in the initiation stage. This will assure such things as everyone having a clear understanding of how to progress and exactly is expected at each step and that the methodology is used to the specific needs of the project being undertaken.

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Christophersen Calhoun

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Christophersen Calhoun
Joined: April 21st, 2021
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