PROJECT MANAGEMENT

Project Management

[Name of the Institute]

Project Management

Introduction to Project Management

Project management is a series of steps to enable effective planning, implementation and monitoring activities in the program of work for each project. There are many types of projects and management methodology, but in any case, the powers held by the person managing the project (project manager) and the selection of appropriate techniques to manage projects at various stages of implementation of scheduled activities and different levels of management have a key role in achieving the desired objectives and the project completed successfully. Technical competence (planning, control, division of labor) in project management play a pivotal role, they are necessary, but insufficient to minimize possible risks during the project. The projects created by people who simultaneously represent the highest risk area for each project. Within this area, the factors, such as poor communication, lack of commitment and identification with the targets set - are the biggest threat to the implementation of planned activities (Betts, Lansley, 1995, pp. 207-218). Observations show, however, that it is the soft skills in project management are often overlooked and even forgotten, while emphasizing the importance of technical aspects.

Overview of the process of project management

The process of managing a project includes five essential steps. Each step is described in its own section of this guide. The five essential steps are:

Project start: Since the formulation of an idea through to implementation and evaluation of a business case and establishing the priority of an idea for a possible project in relation to plan activities of government/ ministry to other organizational priorities and resource limits.

Project Planning: It is important to carefully plan the project to ensure the efficient allocation of resources to project activities and implementing them. At this stage, we establish the general structure of the project activities and the work plan and schedule that will provide the basis to the process of project management throughout its life cycle. When a project requires the approval of Treasury Board, the project planning, typically done in two iterations important to increasing levels of detail on planning and precision of the estimate. This is the main focus of our topic, which includes the assessment and implementation of three most important aspects of project management, risk management, budgeting and scheduling (Phillips, 2003, pp. 101-112).

Tools and Techniques in Project Planning

The effective management of a project requires the implementation of certain tools and techniques. These tools and techniques ensures not just the proper implementation of strategies in carrying out a project, but also assists in taking necessary measures if certain problem arises in a project. Following are certain tools which can be applied for managing projects effectively.

Project Management Guide outlines the procedures and processes needed to complete a project. It outlines the steps necessary for the commencement of project plan.

Project Management Methodology Template includes explanations for the essential stages: project initiation, control, and closeout.

Project Manager Job Description should be based on the requirements of the project ...