Author : Angus Mortimer.
Published : Fri, Dec 28 2018 :5 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.
Other project management aims to optimize the allocation of significant inputs and apply them to meet predefined value statement of objectives.
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.
Creating all these documents from scratch would waste a monumental amount of time. This is why every project manager usually has a trusted arsenal of project management templates.
The project management also helps and guides the project manager and the project team to make better decisions that are crucial in the development plan of a project. It also manages and controls the resources and the restrictions of every project that may have a huge impact statement on the project.