PROJECT PLANNING AND MANAGEMENT (Project Planning / Project Formulation / Project Implementation / Preparation of Project Proposal) Compiled by S.Rengasamy, Madurai Institute of Social Sciences One Of the most important administrative developments in the developed as well as in developing countries has been the initiation and growth of a large number of new programs projects in every field like Since the 1950s the development agenda has been agriculture, irrigation, industry, community characterized by projects and programs aimed at improving the quality of life of beneficiary communities, development and social welfare etc.. The principle be it in physical or qualitative terms. Despite significant aims and objectives of all these …show more content…
4. An activity (or, usually, a number of related activities) carried out according to a plan in order to achieve a definite objective within a certain time and which will cease when the objective is achieved. 5. A collection of linked activities, carried out in an organized manner, with a clearly defined start point and end point to achieve some specific results desired to satisfy some clearly defined objectives. 6. A group of activities that have to be performed in a logical sequence to meet pre-set objectives outlined by the client. S.Rengasamy - PROJECT PLANNING AND MANAGEMENT 7. A project is a temporary endeavor involving a connected sequence of activities and a range of resources, which is designed to achieve a specific and unique outcome and which operates within time, cost and quality constraints and which is often used to introduce change. Categories of projects Based on time Based on the purpose Normal Experimental Crash Pilot Disaster Production / Service. Based on levels Centralized Decentralized Partially decentralized Characteristics of a project: 1. Each and every project should have a package of interrelated activities. Eg. IRDP Projects may stand-alone or be integrated a. Identification of the poor into a program, with several projects b. Knowing their choice contributing to one overall goal. c. Arranging bank
A project creates a capability to perform a service. A Project is always developed in steps and continuing by increments – Progressive Elaboration.” (Project Management Guide, 2011) There are 7 main characteristics of a project:
Project Management is the art of arranging, sorting out, spurring, and controlling resources to attain specific objectives. A project is a brief endeavor intended to deliver a unique product, service, attempted to meet extraordinary objectives and goals, commonly to achieve helpful change or included quality.
As the world is chaotic (Djavanshir and Khorramshahgol, 2006) it is impossible to always predict the future accurately. Teller at al (2012) describes project management as balancing the “iron triangle”, where changes to any one of the planned costs, quality or scope will change the other elements. Risk management allows contingency to be put into project plans, (APM, 2012) minimising negative effects and maximising the benefits of uncertainty.
In this paper the word ‘project” is defined, discussed and elaborated on. The phases of a project lifecycle and its purpose are to be discussed, and how it is important for organizations to use project management to accomplish tasks will in conclusion be discussed thoroughly. The indisputable word ‘Project” may be defined in numerous unusual ways, some can all have the same meaning and others can mislead a reader. The definition that accurately explains what a project is, comes from the Houghton Mifflin Company (2009) website stating; “something that is contemplated, devised, or planned; plan; scheme.” A definition that can mislead a reader is this definition from the same website just two paragraphs
need to be upgraded and the existing data will need to be transferred into the new
A project is a temporary endeavour, undertaken to meet particular goals and objectives, having a defined beginning and end, usually to bring about beneficial change or added value. The temporary nature of projects stands in contrast to, which are repetitive, permanent or semi-permanent functional work to produce products or
The definition of a project is “a temporary endeavour undertaken to create a unique product or service. Temporary means every project has a definite beginning and an end. Unique means that the product or service is different in some distinguishing way from all other products or services”.(Project Management Institute., 2008)
1-Project: " An endeavor in which human, material, and financial resources are organized in a novel way, to undertake a unique scope of work, of given specification, within constraints of cost and time, so as to achieve beneficial change defined by quantitative and qualitative objectives"(Turner & Müller 2003).
What is a project? Project is a temporary endeavor undertaken to create a unique product, service or result)
22. Many activities have slack time; if we add these slack times together, this represents the potential improvement in early completion for the project.
Question 1. What project selection method described in the chapter will ABI probably employ for this proposal? Answer According to the description, the project selection method is profitability of numeric model. We might see the points from the business strategy 1) Bid only on good margin products that have the potential for maintaining their margins over a long term. 2) Pursue only new products. 3) Utilize the most advanced technology in new projects. “ project champion” approach to innovation and creativity. no more than 480 employees. 4) Foster the
At first should the terminology be defined. A project is "a unique set of coordinated activities, with a definite start and finishing point, undertaken by an individual or organisation to meet specific objectives within
Project. You will gain experience using MS Project 2013 to schedule a project. You will become
What are some of the principal reasons why Project management has become such a popular tool in recent years?
The proposal writing process is multifaceted, encompassing both the actual submission of a request for proposal as well as the management of the implementation of received funds. Through class lectures and assigned readings, we’ve discussed the various aspects that make up the process of grant writing. Through this essay, I will explain this process as it leads up the management of the project once funded. Furthermore, this essay will explain how to ensure that the proposal submitted addresses key aspects necessary for the project to be implemented in line with best practices for project management.