Perfect Implementation After Planning Of The Project

At this point the scope of the project has been defined in detail and the project team are ready to be appointed. Although a Project Manager can be appointed at any stage of the project, s/he will need to be appointed prior to the establishment of the project team. The Project Manager is responsible for all aspects of project performance including: planning, budget execution, project execution, and close-out Funding.

The purpose of this document is to provide guidance on the practice called Project Close-Out and to

Project Manager is responsible for performance measurement which includes finding variances between planned and actual work, cost and schedule. The project manager assigns the tasks to the team members and they follow the required course of action. The project manager provides the status reports to all the vital stakeholders in order to provide visibility. The Stakeholders review the metrics and variance and initiate necessary steps for the variances determined in order to complete the project within budget and time.

It is defined as all the steps that are required to be taken for project functioning; it includes all the steps required for successful completion of project.

The project manager is the main determinant of the success of the project. He or she is responsible for initiation, design, execution, control, monitoring, successful planning and closure of the project if it fails (Whitten & Whitten,2007). They should be ready to adapt to changes that come around as the project goes through the entire life cycle. Notably, the project manager ought to

This is one of the important deliverables of the Project Initiation phase. It describes the general strategy on how to go with this project, identification of various checkpoints to track the project, useful in determining early cost and identification of the information needs of the project.

According to (Wysocki, 2007), project is defined as “a sequence of unique, complex, and connected activities having one goal or purpose and must be completed by a specific time, within budget, and according to specification”. It is becoming increasingly difficult to ignore the number of project failures in organisation today. Similarly Chakravorty, (2010) Points that their are over 60% failures in project, also Vitalsmart and Concours Group (2006) supports this research by stating that the percentage of failures in projects are more than 80% in general. Airbus SAS’s project of manufacturing the superjumbo jet A380 was one of those projects titled as failed.

Project procurement management concludes when the contractual aspects of the project are finalized at the end of the project.

The secret of a successful project is in the relationship between the project sponsor and the project manager. The role of project sponsor is critical in the project during the development of the business case for governance. In numerous associations the abilities of the backer are frequently expected they may be a senior supervisor who may less venture experience. “A project sponsor responsible for the identifying the business need, problem and opportunity. The sponsor ensures the project remains a feasible proposition and that benefits are fulfilled, resolving any issues outside the control of the project manager. (2)”-

At this stage project related datas are collected across the organisation for proper project planning and control. More systematic approach is carried out to plan and control at this stage.

Issues that could arise due to change in various government regulations or sudden change in the government rules during the duration of the project.

The teams use “Project Charter” which encapsulates the project’s mission and articulates exact and measurable goals of the project. It may also have details like who are the

The resources provided by the management to design and help in testing and analysis after the completion of the project.

Once a project has been approved, the next step in the project process is to develop a plan. A project plan provides a strategy in which an endeavor will progress and outlines the complete events essential to complete a project. The process also presents an outline for monitoring functions and milestones to track progress. A high level project plan must be developed in order to effectively outline the necessary activities, monitoring, and strategy in order for a project to be successful

The company is following a dedicated structure because there is only one dedicated person i.e. Mr. S.K Sharma (Vice President) the project manager of the company, that handles all the projects incorporated by the firm. All the employees working under him such as Plant Manager, Human Resource Manager, Financial Manager reports to him and the final decision of approving the project and whether the projects should be taken to the higher authority or not rests with him.