Project Management : The Way A Project

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Project Management
The way a project is conducted can have a significant impact on the success (PMBOK, 2013, p. 1) and that is why best practices for project management are needed. A project’s goal is to create a product, service, or result, which can be tangible or intangible, but always needs to have a clear beginning and ending (PMBOK, 2013, p. 3). Even though every project is different and unique, all projects are created for long lasting outcomes (PMBOK, 2013, p. 3). Because of these reasons, projects need management. Project Management is the application of knowledge, skills, tools, and techniques that guide the project to meet its purpose (PMBOK, 2013, p. 5). There are five process groups that are: initiating, planning, executing,
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A controlling method would provide support and require compliance such as adopting project management frameworks, using specific templates, or conformance. Finally, a Directive PMO would take control of the project by highly directing all aspects of the project. PMOs have the ability to maintain authority to act as stakeholders and descion makers throughout projects and even terminate projects as they see fit (PMBOK, 2013, p. 11).
Project managers have the responsibility to make a strategy to complete the project as well as work with the team (PMBOK, 2013, p. 17). This will generally include a balance of technical, interpersonal, and conceptual skills that will help the analyze situations and react appropriately (PMBOK, 2013, p. 17). While all projects need to have a start and an end, all the activities and results that happen along the way will be different from project to project (PMBOK, 2013, p. 38). The series of phases that a project goes through is called the project life cycle, which provides the basic framework for managing the project (PMBOK, 2013, p. 38). A successful project is completed with the terms, constraints of scope, time, cost, quality, resources, and risk in mind (PMBOK, 2013, p. 35). In order for a project to be completed, it has to go through a project life cycle (PMBOK, 2013, p. 38), which is the most important part of any project.

Project Life Cycle Phases
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