Author : Angus Mortimer.
Published : Sat, Jan 26 2019 :6 AM.
Format : jpg/jpeg.
A project management is divided into 5 phases, including: 1. Project conception and initiation; Phase 2. Project definition and planning; Phase 3. Project launch or execution; Phase 4. Project performance and control; Phase 5. Project close.
Think of the last project you had to manage. What documents did you have to create at launch? There would be a project charter and a communication plan, of course. You’d have a broad project plan, a work breakdown structure, and a Gantt chart. You would also have a risk register and a plan to tackle all upcoming issues.
While a project plan is a document that may require Excel charts but is otherwise composed in Microsoft Word. For basic projects, however, you may get away with only a Microsoft Excel document.
The project management should effectively utilize all the limited resources provided by an organization. Although some projects have all the complete resources, such as skilled people, materials, budget plan, and so on, it is still important that the project management should make the most out of this resources.
Time and budget are the biggest constraints of every project. Now, the goal of the project management is to finish and accomplish the project with a stipulated time and budget.