PROJECT MANAGEMENT ASSIGNMENT HELP

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TABLE OF CONTENTS

1. WHAT IS A PROJECT ?2. WHAT IS PROJECT MANAGEMENT ?3. PROJECT MANAGEMENT PROCESS

● Initiating● Planning● Executing● Monitoring and Controlling● Closing

4. APPROACHES OF PROJECT MANAGEMENT5. CONTACT US6. THANK YOU

WHAT IS A PROJECT ?

A project is an individual or a collaborative pursuit which is planned with the aim to achieve a particular goal.

It is a process of set of controlled and coordinated activities with a particular time period, undertaken to attain an objective.

WHAT IS PROJECT MANAGEMENT ?

● Project Management is a method for scheduling and controlling the project process from start to end.

● It is an art of organizing, reporting, leading and completing a project with the help of people.

● A project manager is a person who causes things to happen.

PROJECT MANAGEMENT PROCESS

The project management process includes five steps:

● Initiating - Project initiating involves project initiation document. It is to ensure that all the conditions are satisfied for completion of each phase.

● Planning-Planning needs high level planning for the complete project in the starting phase of a project development.

● Executing-In execution, the tasks among the team members are distributed and they are informed about their responsibilities.

PROJECT MANAGEMENT PROCESS

The project management process includes five steps:

● Monitoring and Controlling - Senior Authority monitor the project management cycle and the step by step flow. While controlling is mainly done to control costs, scope and issues and managing the time.

● Closing - This is the last step in the project management process. It is the project integration and final evaluation of the project to highlight the success of the project.

APPROACHES OF PROJECT MANAGEMENT

The various approaches of project management are:

● Lean Project Management● Agile Project Management● Critical Chain Project Management● Benefits Realization Management● Event Chain Methodology

LEAN PROJECT MANAGEMENT

Lean management mainly focuses on data analysis, value added, quality and eliminating waste through efficient use

of employee time and financial resources. It focuses on visual documentation and in-depth planning to eliminate

waste.

AGILE PROJECT MANAGEMENT

Agile project management breaks down the long cycles of building requirements to reduce its complexity and then

test it to find out more flaws.

CRITICAL CHAIN PROJECT MANAGEMENT

Critical chain project management is also known as CCPM. It emphasizes on the project management,

planning and resources which are required to execute the tasks.

BENEFITS REALIZATION MANAGEMENT

Benefits realization management is a framework of best concepts and principles by the latest experiences. It is like

guidance for sponsors and business benefits owners.

EVENT CHAIN METHODOLOGY

Event chain methodology deals with the modeling and it is a schedule “network analysis technique” that focuses on

event management which can directly affect project schedules.

CONTACT US

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THANK YOU