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Project Management

A Project management is a combination of several process to achieve specific goals and meet specific success criteria. And those are splited in different phases like initiating, planning, executing, controlling, and at last closing.

Project Initiation

First you need to explore,elaborate and name the project. Checking the feasibility of the project is main goal of this phase, which depends on the nature of the project.

Simulteneously you have to take a decision, whom to involve in the project to carry out the whole project and whether the project has an adequate base of support among those who are involved.

Project Planning

Planning is developed comprehensively of individual plans for cost,scope,quality, communication, risk and resources.In this step, the team identifies all of the work to be done.

The project’s tasks and resource requirements are identified,with the strategy for producing them.Also some important activities like planning dates and modes of communication with stakeholders, based on milestones and most important deadlines & deliveries.

After that you need to identify and try to deal with the things which might create a threat to the project completion, this is called Risk Management.Now you have to take an action to remove the threat or to reduce the impact on project.This is the best time to decide all those things.

At last you have to prepare a document of your plan, providing quality targets, control measure, along with acceptance plan and most important listing the criteria to reach customer's requirement.

Project Execution

Now keeping all above things in mind one or more designs has to be develope, which will the project basic can be achived.

According to the project you can include dioramas,flow chart,shetchs,PSD design,Prototypes and UML schemas in the products design phase.

Once the the design completed and choosen, you can move forward.

Project Monitoring & Control

Now, time to measure the project performance and progress according to the project plan.

Scope verification and control occur to check and monitor for scope creep, change control to track and manage changes to project requirement.

Calculating key performance indicators for cost and time are done to measure the degree of variation, if any, and in which case corrective measures are determined and suggested to keep a project on track.

For project failure prevention, consider why projects are likely to fail and take necessary actions to prevent the failures.

Project Clouser / Implementation

During closure, the priority is on releasing the final deliverables to the customer, handing over project documentation to the business, supplier contracts termination, project resources releasing, reward and recognition to the team members and official communication of closure of the project to all vendors/stakeholders.

At last conduct a lessons-learned studies to examine whether everything went well or not.

Doing these types of analysis, the wisdom of experience is transferred back to the project organization, which helps in future project teams.

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