Print This Article Post Comment Add To Favorites Email to Friends Ezine Ready

Project Management- The Five Important Process Groups That Every Project Has To Undergo

By: dancinghorse Home | Business


Oooh - project management. Everyone talks about project management but what is it?. Does Systematic organization of small works to fulfill the requirements of big works is project management?. Isn’t project management really just a series of events to create some thing, by some point, way off in some hazy future? Not really.

By knowing about definition of projects we can understand about the concepts of project management. As per the definition a project is completing a task in a time bound manner. A project, in practical terms, is an assignment or undertaking to create a deliverable that satisfies the mission of the project customers.
A set of activities which are not part of our regular day-to-day works but forms the basis to create something constitute project. The result of the project is always a unique product. I an organization is putting effort to create and develop a code for a game soft ware, it is an example for project. Where as the maintenance and operation activities are manufacturing of CDs, internet delivery and customer support

The technical requirements and sanctions, project deadlines and its budgets are the important terms and conditions to be accepted by the customer.

The United States of Project Management

In my project management seminars I like to say that this point in the room represent our current state; this is where our organization is today. We have some opportunity that we’d like to seize. We have some problem that we’d like to solve. Or there’s technology that has leapfrogged our current equipment so we need to improve our technical attributes. Where we are now is our current state.

Then I’ll stroll to a distant part of the room. This new location represents where we want our organization to get to. This describes our desired future state. Can you imagine how great our organization would be once we reach this destination? Can you imagination the problem solved, the seized opportunity, or the new technology and how it makes our business better? This spot represent our desired future state.

As you know projects are short-term endeavors to create a unique product or service. Projects are out of the normal duties you do as part of your operations. Projects are constrained by time, cost, and scope -- and other constraints such as regulations, resources, or even vendors.

The time, cost and scope becomes constraints for all projects as per the Iron Triangle of project management. Even single angle of the project has detrimental effect on whole project for its stability and smooth running.

There are five process groups through which all project phases has to pass and they are initiating, planning, executing, controlling, and closing. Each process group has key activities that lend to a successful project. I believe the most important group is planning. Without planning the project is destined for failure.
What we’ve discussed in this intro to project management is a good foundation for how projects are to operate, their constraints, and a some challenges every project manager faces. On top of this strong foundation there are nine knowledge.

For now know this: The success of the project entirely depends up on the ability of the project manager to lead, manage, and motivate the project team to complete the project plan in time. The project plan supports the vision the project manager has inherited from the project stakeholders. If the project manager and the project stakeholder don’t have the same vision of the desired future state the project is doomed.

Projects fail at the beginning, not the end.



Article Source: http://www.eArticlesOnline.com

About the Author:
are you looking for greatest http://www.certschool.com/â€>pmp certification training? then certschool.com is been effectively producing effectual project managers to the corporate with it's project management course considerd one of the finest insitute online.

Tags: , , , , , , , ,

Please Rate this Article

 

Not yet Rated

Click the XML Icon Above to Receive Business Articles Via RSS!

Recent Related Articles From Business

  • 7 Tips For Better & Effective Management Of The Documentation Project
    By: Christy Myer | Jun 17th 2008
    The most important function of the document management is administration or management of the project. Read

  • Management Consulting Firm - Enterprise Risk Management
    By: Yvonne Gunn | May 5th 2011
    Management consulting firm offers services for enterprise risk management, business continuity and disaster recovery management, service management, call centre management, help desk management, customer support services, information security services and business continuity and risk management course, certified help desk m ... Read

  • Online Hospitality Management Course
    By: Swati Shah | May 18th 2010
    Many management institutes offer individuals with the opportunity to specialize in hospitality management. Hotel management institutes bring much coveted hospitality focused undergraduate, diploma and certificate programs for the students. Read

  • Project Management: Cost Estimating Formats
    By: John Reynolds | Feb 21st 2007
    To ensure that cost estimation is performed in a planned and systematic manner, it is crucial to create useful cost estimating formats. Learn how these forms can lead to project success and better project organization. Read

  • Project Portfolio Management To Ensure Quality And Improving Roi
    By: Epsilica Consulting | Mar 6th 2008
    Project Portfolio Management (PPM)-is one of the hottest trends in our industry, but not sure how they were related. "If quality is important, then project control is essential. And project control without portfolio management is impossible." Read

  • Project Management Software To Make Work Easy And Quick
    By: workamajig | Aug 24th 2009
    The term project management software describes a variety of web based tools that are used in dealing with the intricacies of large projects, and used for easy project scheduling and planning. Project management software is capable of performing functions that include overall management Read

  • Differences Between Strategy Management & Project Management
    By: Dr Neil Miller | Nov 16th 2010
    Many organizations try to use project management to implement a strategy. A strategy usually requires people across an organization to change and align the way they do some things. TASKey has found that strategy management requires breaking the strategy into simple workable action plans that can populate each stakeholder's ... Read

  • Project Management: Identifying And Ranking The Stakeholders
    By: John Reynolds | Feb 16th 2007
    The stakeholders in any project include a much larger group of people than the project owner and investors. Stakeholders must be ranked and considered in all project management decisions for optimal project results. Read

  • How To Projectize People And Adopt A Project Culture

    Many organizations are "projectizing" and developing a strong and effective project management infrastructure. Changing the culture to be aligned to formal project management involves aligning people, one by one, by empowering them with formalized project management knowledge. To accomplish this, organizations can do well t ... Read

  • Project Management And Why It Is So Essential
    By: Luke Joiner | Dec 24th 2008
    Project management is the key to finishing any style of type of project on time. The key to finishing a job for a particular time period in time is good project management. Good management skills and a mind that is goal orientated is required to set this project in motion. Each department will have set goals to achieve|reac ... Read


Copyright © 2005-2011 eArticlesOnline, LLC - All Rights Reserved
Terms of Service | Privacy Policy