what’s in it for you?
- What is Project Management?
- Project Planning
- Project Planning in Excel
- Project Cost Management
- Project Quality Management
- Project Communication Management
- The Best Project Management Tools
- PMP Exam Prep
- Project Manager Roles and Responsibilities
- Project Manager Interview Questions
What’s in it for you?
- What is Project Management?
- What is project?
- Components of Project Management
- Project Life Cycle
- Key focus areas in Project Management
- Job Roles in Project Management
- Project Management Certifications
What is Project Management?
Project Management is application of knowledge, skills, tools and techniques to project activities to meet project requirements.
The objective(目标)of project management is to make the final deliverables(可交付成果)in a finite time and budget(预算)
Project management –> Final Deliverables
There are six constraint of Project Management:
Scope(范围)
Time
Quality
Cost
Risk
Resources
What is Project
PMI defines a project as a temporary endeavor undertaken to create a unique product, service, or result. The temporary nature of project indicates that a project has a definite beginning and end.
Project Life Cycle
- Initiation
- Planning
- Execution
- Monitoring
- CLosure
a) Initiation
Initiation is the step for checking the feasibility and measuring the worth of the project
Checking feasibility –> Measuring worth
b) Planning
The planning phase involves making a blueprint for achieving the project’s objectives
Blueprint –> Helps in achieving –> Project’s objectives
c) Execution
The Execution phase involves the allocation of resources and making of the deliverables
Resources –> help in making –> Deliverables
d) Monitoring
The Monitoring phase involves Project Manager monitoring and controlling the working of the project.
Project Manager –> Monitors and controls –> the working of project –> and ensures –> Project is going as per schedule
e)Closure
The closure is the final stage of the project, where everything, including what went wrong and what went right all through the process is summed up.
Key focus areas in Project Management
Scope
Schedule
Cost
Quality
Resources
Stakeholder
Communication
Risk
Procurement
Critical Success Factors
Deliverables
Work Breakdown
Scope
Scope refers to the inputs provided to take the project from the first step to the last step. The scope determines the features, boundaries, budget, and deadlines of the project.
Schedule //14:35
The schedule is a plan for performing a specific work within a particular time interval and achieving the desired objective. The schedule refers to the starting date, the finishing date, and athe duration of the project.
Cost
Cost refers to the process of estimating, allocating, and monitoring the funds needed in a project. There are actions taken now and then in the project to ensure that the project is on budget.
Quality
Quality refers to what a customer or a stakeholder requires from the project deliverables. Quality includes processes and activities that are to be performed to meet the objectives and requirements for which it was undertaken.
Resources
Resources help in carrying out a specific task in project in the best possible manner. Resources can be people, equipment, funds, facilities, or anything else that is needed to meet the project requirements.
Stakeholder
Stakeholders are the ones who have an interest in the deliverables of the project. Stakeholders can be part of the project team, project manager, project sponsors, customers or users.
Communication
Communication amongst all stakeholders is an essential aspect of project management for successful project execution. Improving communication increase the ration of success and decreases the probability of risk.
Risk
A risk is an unexpected event that can affect anything in a project, people, technology, processes, or resources. Every project has a certain amount of risks, and to do a successful project; one must first identify that risk to deal with it efficiently.
Procurement
Procurement refers to the act of obtaining all the materials and services that are needed to meet the project goals. Procurement includes the need to purchase, rent, or contract with some external resource.
Critical Success Factors
Critical Success Factor refers to the elements that are necessary for an organization to achieve the projects’s objectives. Critical Success Factor may differ from one organization to another, depending on their respective goals.
Deliverables
Deliverables refers to the output within the scope of the project. There can be one or more deliverables within a single project; these deliverables may be the items that are to be sent externally to a customer or a stakeholder.
Work Breakdown