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February 21, 2017
Project Management for Beginners
February 21, 2017
Project management is the application of processes, methods, knowledge, skills and experience to achieve the project objectives.A lifecycle defines the inter-related phases of a project; a program or portfolio provides a structure for governing the progression of the work.There are the seven phases in the project management lifecycle.
- Concept phase - an initial idea is conceived and developed into a business proposal.
- Definition phase – a detailed plan is developed that will deliver the project.
- Development phase – the plan is delivered, resulting in the project’s final output.
- Handover and closure phase - the outputs are accepted by the user and handed over.
- Benefits realization phase – the actual benefits resulting from using the project’s output are tracked and measured against the benefits that were forecast.
- Operations phase – when, where and how the project’s outputs are put to use.
- Termination phase – the period taken to terminate the project’s output once it ceases to deliver its expected benefits.
- Analysis: why it’s important to analyze the concept.
- Innovation: the need to look at all options and alternatives.
- Business development: - the need to look at all options and alternatives.
- Commercial awareness: need to look at commercials as well
- Stakeholder management: the importance of doing this to good effect.
- Business Case/Customer Proposal Management: Is about validating the approach and rationale.
- Monitoring and controlling project work
- Integrated change control
- Scope verification
- Scope control
- Schedule control
- Cost control
- Performing quality control
- Managing the project team
- Project Closure - closing includes the formal acceptance of the project and it end.
- Post implementation review - what worked and didn't work, including lessons learned.
- Return on investment - the benefit to the investor resulting in the investment of some resource.
- Lessons Learned - defined as the learning gained from the process of performing the project.
- Product refresh - sometimes the program or project needs a refresh to revitalize that sparkle.
- Product up-sell - offering additional products or services that compliment or complete the product or service.