Project management acts as energy for the chain reaction of the entire cycle of development. It also helps in structuring each step of the development cycle and describes the technique to be followed during the dangerous conditions. Along with this, management techniques also help in tracking down the rate of success for a project and enhance the understanding of the workforce.
Commonly, any kind of project management approach surround around the three main procedures and they are:
1. Commencement: This stem decides the characteristic and scope of the project. All the fundamental aspects of the project like needs analysis and usefulness, review of present functions, aims are decided. It is the most important stage and if not performed correctly, will lead to failure of the entire project.
2. Planning and creation: This step in project management mainly helps in planning time, resource and cost at the time of development. Risk planning is also done to face uncertainties effectively. Implementing consists of the activities involved in the process to work in co-ordination with the project plan in order to meet the deadlines of various milestones.
3. Control and Monitoring: These procedures validate and confirm the activities and their arrangement with the plan. The quality of activities is also taken into consideration here.
Closing involves the regular acceptance of the developed product. Administrative and other activities are done to launch the product to the customer after intense testing.
Few approaches to manage project are as follows:
Traditional approach: This approach is the fundamental approach in project management. All the above three procedures are implemented in line, with the extension of repetition of some procedures to support the development process.
Prince 2 Approach: It is a composed approach for project management launched in 1996. Each and every specified procedure in this approach, has its important contribution and result with the related activities to be done and specifically mentioned goals of all those activities. Procedures are distinguished into close monitoring of each stage and manageable stage leads to a controlled and organized implementing of activities.
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Commonly, any kind of project management approach surround around the three main procedures and they are:
1. Commencement: This stem decides the characteristic and scope of the project. All the fundamental aspects of the project like needs analysis and usefulness, review of present functions, aims are decided. It is the most important stage and if not performed correctly, will lead to failure of the entire project.
2. Planning and creation: This step in project management mainly helps in planning time, resource and cost at the time of development. Risk planning is also done to face uncertainties effectively. Implementing consists of the activities involved in the process to work in co-ordination with the project plan in order to meet the deadlines of various milestones.
3. Control and Monitoring: These procedures validate and confirm the activities and their arrangement with the plan. The quality of activities is also taken into consideration here.
Closing involves the regular acceptance of the developed product. Administrative and other activities are done to launch the product to the customer after intense testing.
Few approaches to manage project are as follows:
Traditional approach: This approach is the fundamental approach in project management. All the above three procedures are implemented in line, with the extension of repetition of some procedures to support the development process.
Prince 2 Approach: It is a composed approach for project management launched in 1996. Each and every specified procedure in this approach, has its important contribution and result with the related activities to be done and specifically mentioned goals of all those activities. Procedures are distinguished into close monitoring of each stage and manageable stage leads to a controlled and organized implementing of activities.
Click here to read more.
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