PROJECT MANAGEMENT

Project management is everything to do with leading a particular project from its initiation to the very end, therefore project management is all about involving processes, methods, knowledge, skills and experiences to achieve the core objectives of the project. No matter what the industry in question, project management becomes a core element and therefore, a well-structured project would generate a better outcome within the agreed framework of the timescale and budget.

Have you experienced the usage of project management to execute a small or a complex project in your organization? If not, have you asked yourself the question as to why not?

Certainly proper investments into project management deliver a number of vital benefits for the organization and also for the people who had been involved:

• Greater chances of achieving the desired results, since everyone works at a set of pre-defined project objectives.
• Proper usage of resources, since there is always a direction and a purpose to work towards.

Moreover you could make the best usage of project management when it requires you to work together in a team to accomplish a particular project. This could either be based at our work place or elsewhere, focusing on achieving the core objectives of the project.

Here are few basic steps that you could take to execute your task of project management successfully:

• Project initiation
  Depending on the nature of the project, a proper examination needs to be carried out if such a project would benefit your organization, this is where the decision making team would play a strategic role.
• Project planning
  The definition of the scope and the outlining of the objectives are carried out as a second step in project management, giving the team a clear purpose and a guidance to work towards.
• Project performance
  This is where assessments are undertaken to see if the project is on track in comparing the actual status to the expected outcomes.
• Project closure
  This is when the client have accepted the user accepted testing and the project is ready to go live.