Project management is short term; it has a beginning, an end, and has identified steps to take throughout the process. The steps of project management are as follows: proposal, initial investigation, detailed investigation, development and testing, trial, operation and closure, as well as, the evaluation. There are measurable benefits to using project management within an organization for certain key objectives or processes that need
Project management is the discipline of using policies and procedures to manage a project from creation to competition. The intent of this paper is to assess the role of a project manager and determine if I am well suited for a career in project management. To achieve this goal, I will be discussing the following areas: job description, general career path, education requirements, salary, career outlook, and the pros and cons. I will also be interviewing a colleague that currently working as a project manager to gain a better understanding of typical duties associated with the role.
Several adaptations to the traditional approaches like agile, interactive, phased, extreme, etc have been made but each will be expected to meet the requirements of the project objectives, timeline, resources, and deliveries of the stakeholders. Other industry standard certifications like ISO9000 and regulations like the Sarbanes-Oxley have also influenced methodologies and processes used by several organisations (Kerzner, 2003). Generally, managing projects should involved five major process which include the project initiation, planning, execution, monitoring and controlling, and then project closing. See Fig. 2 below.
Projects are used today as a way of achieving a variety of outcomes in local or international locations for new constructions, new product development, product improvement, process design, process improvement, utility installation, theory and technology development, and many more. Bringing a project to a successful conclusion requires the integration of numerous management functions like controlling, directing, team building, communication and others. It also requires cost and schedule management, technical and risk management, conflict and stakeholder 's management, and life cycle management.
Project Management Institute. (2000). _A Guide to the Project Management Body of Knowledge (4th ed.)._
c After the acceptance of all stakeholders is achieved, actual growth begins and a project management methodology needs to be selected based on the major areas seeking improvement. A project tracking and monitoring system has to be in place for improved estimation of project life-cycle.
What is the pressing need to have project management in IT projects? Two out of the three IT projects fail to make the final cut.  This article not only elucidates the need for an appropriate project management team but also puts forth what can go wrong if the organization is oblivious to the project management processes. About 88% of the classic mistakes are categorized as either people or process mistakes. Some common mistakes being poor estimation and scheduling, ineffective stakeholder management, and insufficient risk management.  The article also highlights the meta-retrospective of 99 IT projects and their analysis for project management making it clear how such aggregation of retrospective findings point out most common mistakes and help adopt best practices for effective project management.
The paper is divided into three sections, the first of which will establish a timeline of events. This project background will serve as a case study for the analysis in the following section that will be structured such that each of the previously mentioned facets will be independently analyzed and contrasted with project management principles. Finally the paper will conclude with a summary of the analysis and recommendations based on
This section consists of a suite of potential options broken out by sample phases. While it may be useful for grantees to consider these deliverables in designing their project, the particular suite of deliverables and the organizational structure that is ultimately incorporated will be project-specific. The grantee may also ask the Vendor to provide cost estimates on a per-deliverable basis in the bid response.
Question 1. The twelve guidelines are presented in no particular order. Order them by level of importance and explain your reasoning. Answer The twelve guidelines should be order as below, the reason also is stated at the behind of each title. 1) Understand the context of project management. Much of the difficulty in becoming an effective project manager lies in understanding the particular challenges project management. 2) Understand who the stakeholders are and what they want.
that predecessor are accurate in respect to the different phases. Just as the Marketing dates are
The project life cycle consists of the conceptualization phase, the planning phase, the execution phase, and the termination phase.
In order to achieve their business objective, project management and the used methodology are key factor which will be responsible for the success or failure of this project.
Project Execution and Control Phase has a direct correlation to project progress and stakeholder 's expectations. If the minor issues are not noticed, they impact cost, schedule and risk and see the project from the Project Plan, thus