Project Management : Project Development Process Essay example

Project Management : Project Development Process Essay example

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Introduction:
Project management is one of the best approach to deliver the product/items within the given cost, schedule and resource constraints. Project management makes sure that the project is completed within the given cost and time providing customer satisfaction. By the end of this course I was able to understand what is project and its scope? What is wbs and obs? How to create the project plan, budget, define and allocate the resources? How to manage project development and the project development process? What is risk and how to identify and manage risks? What is project procurement process?

The 5 lessons learned from this course are as follows:

Project life cycle to human life cycle: Project can we well explained or completed by following a life cycle pattern called project life cycle. This includes different phases:
1: Defining stage: project specification is defined and major project objectives are set up, team formation is done and responsibilities are assigned.
2. Planning stage: This phase gives idea about when the project should be scheduled and within what budget?
3. Executing phase: majority work of the project will be done in this phase both physical and mental work.
4. Closing stage: This stage includes delivering the product to end users, assigning the project resources to new task and post project review.

Real life application: Once after I complete my graduation I need to apply for job to settle myself in this field. In order to get or apply for the job I will be using this project life cycle. In the first stage I will define what profession suits my studies? What should I do in order to get an interview? And I will move to the second stage of planning to get an interview do some certification, make m...


... middle of paper ...


...rough depression. But as time goes and they keep on getting adjusted to the environment and co-workers it becomes easier and later they can bring their family over here and settle.


Conclusion: Project management is being en-cooperated by individuals and corporate levels. If the business wants to deliver the projects faster, better, cheaper they should adopt project management just not for the benefits but also for the above mentioned practice.
Risk management is one of the most important step in project management it has only benefits. All the project managers and all stakeholders must undertake risk management in order to be successful.Leadership skills of a person depends on the knowledge and abilities that leader has. Leader can learn a lot of things during one project and can implement some in another project to make it successful and can become remarkable one.

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