• Skip to secondary menu
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

The Mom Buzz

Family & Mommy Blog

  • Home
  • About
  • Family
  • Success
  • Business
  • Mom Tips
  • Budget & Money
  • Food & Health
  • DIY
  • Contact

What is project management?

January 23, 2020 by admin Leave a Comment

Facebook0Tweet0Pin0LinkedIn0Print0

In business, projects are characteristically unique operations which are conducted to meet particular goals. Examples of projects could be:

  • The designing of software, the purpose of which is to enhance employee productivity,
  • The construction of a building which will house community events, or
  • The designing of a website to lower call volume to a business.

These are just a few examples and the list can go on for days. All of these categories of projects need a team of people who are responsible for various aspects of the delivery. For instance, you’ll probably see a designer, developer as well as copywriter working on website design projects. In many instances, a project manager is allocated to these projects in order to ensure that the team provides the project on time, under budget in addition to meeting its stated goals.

‘Project management’ is defined as the application of processes, methods, skills, knowledge as well as experience in order to achieve detailed project objectives according to the project acceptance criteria within the agreed parameters. Project management has final deliverables that are constrained to a finite timescale as well as budget.

A key factor which distinguishes project management from generic ‘management’ is that it has a final deliverable and a finite timespan, as opposed to management which is an continuing process. Owing to this a project professional needs a wide range of skills; often technical skills and definitely people management skills in addition to good business awareness.

What is a project manager?

Project managers perform the lead role in planning, executing, monitoring, controlling as well as closing projects. These people are accountable for the entire project scope, project team, resources, in addition to the success or failure of the project.

A project manager, with the assistance of their team has multiple responsibilities which encompass the five project stages of a project life cycle (initiating, planning, executing, monitoring as well as closing).

Initiating phase

  • Integration management: Creating a project charter
  • Stakeholder management: Pinpointing stakeholders

Planning phase

  • Integration management: Building a project management plan
  • Scope management: Identifying and controlling scope, establishing a work breakdown structure (WBS) in addition to requirements gathering
  • Time management: Planning, defining, as well as developing schedules, activities, estimating resources in addition to activity durations
  • Costs management: Planning and estimating costs, and deciding on budgets
  • Quality management: Planning as well as identifying quality requirements
  • Human Resource Management: Planning in addition to identifying human resource requirements
  • Communications management: Preparing communications
  • Risk management: Planning for as well as identifying potential risks, performing qualitative and quantitative risk analysis in addition to planning risk-mitigation strategies
  • Procurement management: Planning for as well as identifying required procurements
  • Stakeholder management: Preparing for stakeholder expectations

Executing

  • Integration management: Directing as well as managing all work for the project
  • Quality management: Doing all facets of managing quality
  • Human resource management: Selecting, developing in addition to managing the project team
  • Communications management: Overseeing all aspects of communications
  • Procurement management: Taking action on securing necessary procurements
  • Stakeholder management: Controlling all stakeholder expectations

Monitoring and controlling

  • Integration management: Monitoring in addition to controlling the project work as well as managing any required changes
  • Scope management: Validating as well as controlling the scope of the project
  • Time management: Managing the scope of the project
  • Costs management: Regulating project costs
  • Quality management: Maintaining the quality of deliverables
  • Communications management: Controlling all team in addition to stakeholder communications
  • Procurement management: Managing procurements
  • Stakeholder management: Controlling stakeholder engagements

Closing

  • Integration management: Closing all stages of the project
  • Procurement management: Completing all project procurements

Project management may seem to be complicated however chances are that you’ve already been involved in a process such as this one. So the next time that you’re planning your friend’s birthday, know that you’re essentially working on a project and that you are your own project manager!

 

Facebook0Tweet0Pin0LinkedIn0Print0

Filed Under: Business

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

About Us

Hey everyone! Welcome to my page! My name is Andrea, and my beautiful daughter is Aliyah. We love long walks to our favorite ice cream shop and making new friends. She has an angelic voice and we both share a passion in music

LET’S CONNECT

  • Facebook
  • Google+
  • Instagram
  • Twitter

Newsletter

Recent

How To Turn Your Hobby Into a Money-Making Opportunity

Many people have creative and engaging hobbies they engage … [Read More...] about How To Turn Your Hobby Into a Money-Making Opportunity

How To Prevent Cardiovascular Diseases

Cardiovascular diseases: Cardiovascular disease or CVD is … [Read More...] about How To Prevent Cardiovascular Diseases

3 Benefits of Retiring Abroad as an Ex-Pat

Living abroad is an out-of-the-box decision for many people. … [Read More...] about 3 Benefits of Retiring Abroad as an Ex-Pat

10 (Not-So) Surprising Benefits Of Hiring A Dating Coach

In the age of Tinder, one-night stands, and “let’s just keep … [Read More...] about 10 (Not-So) Surprising Benefits Of Hiring A Dating Coach

Top 4 Tips for Shopping Newborn Baby Clothes

Babies are a great source of joy for any parent. However, … [Read More...] about Top 4 Tips for Shopping Newborn Baby Clothes

Samitivej Hospital’s Scoliosis Center Review

The spine is a complicated structure within the body. It is … [Read More...] about Samitivej Hospital’s Scoliosis Center Review

How to Store Your Belongings When You’re Selling Your Home

There may come a time where you and your home have to part … [Read More...] about How to Store Your Belongings When You’re Selling Your Home

Footer

About Us

Hey everyone! Welcome to my page! My name is Andrea, and my beautiful daughter is Aliyah. We love long walks to our favorite ice cream shop and making new friends. She has an angelic voice and we both share a passion in music

Recent Posts

  • How To Turn Your Hobby Into a Money-Making Opportunity
  • How To Prevent Cardiovascular Diseases
  • 3 Benefits of Retiring Abroad as an Ex-Pat
  • 10 (Not-So) Surprising Benefits Of Hiring A Dating Coach
  • Top 4 Tips for Shopping Newborn Baby Clothes

Newsletter

Copyright © 2021 · Lifestyle Pro on Genesis Framework · WordPress · Log in