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What is Project Management?
About Project Management
What is a Project?
Given below are the characteristics of a project which are different
from an on-going activity.
A project has a Definite beginning and end.
A project is Temporary in nature.
A project Produces a unique product or service.
A project has Resources dedicated to it.
The project Ending is determined by specific criteria.
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Here is a list of processes in a Project - Project Management
Project charter - Created by project sponsor. Describes project purpose and outcomes.
Cost benefit analysis - Created by project manager with stakeholder input. Determines
whether the project is financially beneficial to the organization. Sometimes this
is done prior to the project to determine whether the project should even be undertaken.
Assumptions and constraints - Created by project manager with stakeholder input.
Describes assumptions and project constraints.
Project scope statement - Created by project manager. Signed by project sponsor
and stakeholders. Project manager works with project team and stakeholders to define
and document project deliverables in the scope statement.
Critical success factors - Defines what must be done to determine whether the project
will be deemed successful. Can be included with the scope statement.
Communication plan - Created by project manager. Describes the information needs
of stakeholder and the project team and how the information is distributed.
Work breakdown structure (WBS) - Created by project manager. Formatted as a deliverables-oriented
hierarchy that defines the work of the project.
Roles and responsibility matrix - Created by project manager. The roles and responsibilities
of project team members with WBS elements.
Resource plan - Created by project manager. Describes physical resources and human
resources needed to complete the project.
Procurement plan - Created by project manager or procurement team. Describes resources
or services to be purchased from an outside provider.
Risk management plan - Created by project manager or risk analysis team. Identifies,
describes, and plans for project risks.
Quality plan - Created by project manager or quality team. Describes how quality
will be assured and measured.
Project schedule - Created by project manager. Displays tasks dependencies, tasks
durations, and milestones. Used to determine the critical path.
Project budget - Created by project manager or financial team. Determines targeted
costs of project.
Change management plan - Created by project manager. Describes how changes will
be identified and managed.
Implementation checklist - Created by project manager. Describes issues to be discussed
at turnover to internal departments or the customer.
Project feedback - Provided by sponsor, stakeholders, and team members. Provides
information to improve performance on future projects.
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