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Business have realised that applying project management
methods to plan and and control projects increases the
chances of completing a project successfully. Therefore,
over recent years, more and more business have started
to apply project management methods to manage projects.
What is the definition of project management?:
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Firstly, it is not about managing small tasks (or continuous
improvement initiatives –
click here to learn more about managing CI
initiatives)
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Its about managing projects that have a definite start and end. It is
therefore, not about managing a continuous
process
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It involves using various tools to plan, measure achievements and track
project tasks such as Gantt charts and
spreadsheets
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The project frequently needs resources on an ad-hoc basis as
opposed to organisations that have only dedicated
full-time positions. Resources are planned and the
costs are calculated and included in the project's
budget
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A project budget is set to cover all the project's
costs, which is measured and managed
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Risks and issues are managed to help the project
complete successfully
Managing Successful projects
To
be successful Projects must:
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Deliver on time
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Be within cost (e.g. within the budget)
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Be within scope (e.g. the areas identified)
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Meet customer requirements
The driving force of the
project is the customer's requirements. No
two customers' requirements are the same therefore, for
every project it is key that you establish the
customer's expectations. The project management
diamond, indicates how time, cost, scope and quality
all centred around the main driving force of the project -
the customer’s expectations (e.g. requirements).
Therefore these elements are all geared to wards
satisfying the customer's requirements.

Once the customer's expectations the time, cost, quality
and scope of the has been determined the project is
planned and progresses though the project life cycle.
The
Project Life Cycle
A
project goes through three main phases during its life:
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Project Initiation
(which usually follows the analysis stage –
see the first 3 stages in the DMAIC analysis
or
Business Re-engineering analysis )
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Project Control
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Project Closure
To
learn more about these stages
Go to Project Life Cycle (click here).
A project manager is usually appointed to
manage the project though all phases of the project life
cycle.
The Role of the Project Manager
The role of the project manager is one of great
responsibility. It is the project manager's job to
direct, supervise and control the project from start to
end.
To
learn more about the Role of the Project Manager and
Skills
(click here)
Go to Project Management Knowledge Base
See also
Go to Analysis Knowledge Base
Go to Process Change Knowledge Base
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