PMI defines project management as "the application of knowledge, skills, tools and techniques to a broad range of activities in order to meet the requirements of a particular project. Project conception and initiation An idea for a project will be carefully examined to determine whether or not it benefits the organization. During this phase, a decision making team will identify if the project can realistically be completed.
Let's explore each phase in more detail. Project Strategy and Business Case In this phase, you define the overall project business requirementand propose the approach or methodology that you want to use to address it. The gate at the end of this phase is the approval of your high-level project proposal and of the business case that validates the approach you want to use.
You must also show that you can achieve the project's goal within the required timelines and budget. If anything has changed, revise it as needed.
Preparation Here, you work with key stakeholders and project team members who have already been identified to establish and start the project: Complete a high-level Work Breakdown Structure Determine the project's high-level plan at the milestone level.
Work with appropriate project team members to produce detailed plans at each subsequent phase. This ensures that they have a sense of ownership of these plans.
Identify and recruit project members. Select third parties to use in the early project phases for example, IT subcontractors or partners.
Put actions in place to secure key resources. Design In this phase you start the work involved with creating the project's deliverables, using the project strategy, business case, and Project Initiation Document as your starting point.
Then work with relevant stakeholders to develop the designs of the main deliverables. In larger projects, you may use business analysts to help you with this. You probably have a project board or project sponsor who is responsible for signing off the overall design, but make sure you also get input from other stakeholders as well.
This helps build business ownership of the project deliverables. If changes to processes are required, use a Flow Chart or Swim Lane Diagram to create a detailed map of how things will work. At this stage, you must do everything you can to think through and deal with project issues before you start to build project deliverables — problems are almost always easier and cheaper to fix at design stage than they are once the detailed work of implementation has started.
Select stakeholders carefully for the detailed design phase. A good detailed design is more likely to lead to a good project deliverable. If the detailed design is poor, the project deliverables are much less likely to meet requirements!The Project Management Body of Knowledge describes five process groups that are achieved throughout the stages of the project life cycle in the PMBOK.
At the root of any successful project is a project manager (PM) worth his or her weight in gold.
While some people think a project manager’s sole job is to remind everyone about deadlines and set up status meeting, that’s simply not the initiativeblog.com is a science to what they do -- they have a deep understanding of and can perfectly execute the five phases of project management.
In this section, we give an overview of the project management process. Seasoned project managers know it is often easier to handle the details of a project and take steps in the right order when you break the project down into phases. Dividing your project management efforts into these five phases can help give your efforts structure and simplify them into a series of logical and manageable steps.
Nov 13, · The project management process involves planning, executing and controlling projects through their beginning, middle and end.
The process of project management starts with defining and finishes with closing. During the execution stage, adjustments to the original plan may be necessary. Projects and project management processes vary from industry to industry; however, these are more traditional elements of a project.
The overarching goal is typically to offer a product, change a process or to solve a problem in order to benefit the organization.