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8 key factors to ensuring project success
As in any other discipline of business, the importance of communication cannot be overemphasized in managing projects
8 key factors to ensuring project success
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Introduction Project Management is a transitory effort to accomplish unique objectives by using and managing a combination of tools, skills, and processes within a specified period. Kevin Lonergan (n.d.) describes project management as the development of a project plan, which includes defining and confirming project goals and objectives, identifying tasks and how goals will be achieved, quantifying the resources needed, and determining budgets and timelines for completion. The purpose of this assignment is to show an understanding of Project Management and all elements involved in the planning and execution of projects. There are 4 questions in this assignment which include the following topics; Question 1 - Definitions of project management concepts - The nine knowledge areas of project management - WBS recommendation- Report Questions 2 - Case study: five specific skills for Project Manager - Five roles of a project leader in supervision - Five stages of team development Question 3 - Case Study - 10 contributing factors to failure - Four phases of the Project Lifecycle - Six documents developed during the Project Planning Phase Question 4 - Five elements of a Gantt Chart - Five Tools for implementing quality Control Question 1 2.1 Definition of Project Management Concepts The project management concepts below form the basis of project management together with the aspects involved in the implementation and completion of a project. • Project Management- is the management of time, people, tools, budget, and logistics of an assignment. • Cost-Benefit Analysis- is the projection of the costs and benefits of options for a project, in order to pre-determine the most feasible plan of execution. • Critical Path – are par... ... middle of paper ... ...ool (2014:56) Below are 5 tools that the project manager should use in this project (case study) • Inspection: to measure, examine and test if results comply with requirements done at different process levels • Checklist: to asses and use as a guide for risk control • Control chart: for process control and monitoring • Pareto chart; for corrective measures guidance • Flowchart: for idea generation and investigating factors for desired results Conclusion Projects need a well selected team with skills, knowledge, and potential to contribute meaningfully to the final result. Good communication and planning skills are a pre-requisite for project leaders and they should be able to balance cost, time, and quality to achieve the best results; this being beneficial as it would lead to better efficiency and dedication within the team both individually and as a unit.