The Dimensions of Project Management
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It is every organisation’s goal to produce quality output without wasting time and resources. To fulfil such objectives, it is important to implement project management techniques. Project management is basically a systematic way of coordinating and administering tasks and resources for the successful completion of a project. This is necessary given that projects are usually made up of smaller tasks, which are supposed to be accomplished individually and unified to form the final output. One can break down project management into different aspects:
Planning Phase The project commences with the planning phase. At this stage, decision-makers and other members set objectives and identify the deliverables. They will then align these factors with the available resources. The team will also come up with a timeline, identify threats and risks and draft a contingency plan. The planning phase also includes the selection of the people who will work on the project.
Implementation Once set, the team will proceed with the execution of the plans. It encompasses all the procedures necessary for the completion of the project. Select members have to coordinate with the decision-makers and suppliers for the proper use and distribution of resources. To successfully carry out tasks, people involved will adopt methods and technology.
Tracking Other than the project manager, an organisation may establish a separate group that will track the progress of the project. They are responsible for identifying the risks and threats that appear in the implementation. They come up with plans to prevent these things from derailing the project. They may also monitor the inflow and outflow of resources. With regard to this, trackers may use enterprise asset management applications. Project management is an important process in every organisation. Given that, organisations should invest in training, compliance and tools. They also have the option to outsource project management to a reliable third-party provider.
SOURCES:
http://www.cio.com.au/article/380395/understanding_project_management_processe s_tools_drive_success/
http://www.forbes.com/sites/theyec/2014/01/31/four-project-management-lessonsyou-can-learn-from-software-engineers/
http://mainpac.com.au/solutions/mainpac-eam-ondeman