The definition of a Project is: A temporary endeavor undertaken to create a unique product, service, or result. The two most important keywords within that definition are: Temporary: A project has a fixed beginning and end. Because of this, there are two factors that come into play in virtually every project: Time (deadlines) and money (budgets). These two … [Read more...]
Like many things in life, project management is an art form as well as a science. But fortunately, a strong knowledge of the science helps you practice the art form with more skill. Although some people are naturally good at the art of project management, I believe that anyone can become a great project manager simply by learning and implementing the fundamentals of … [Read more...]
Just like a surgeon is always monitoring the vital signs of their patient, project managers need to monitor their projects to make sure they do not veer off the plan. If the data ever shows that the project is deviating from the plan, swift action is usually the best medicine. Luckily, project management fundamentals provide plenty of assistance to project managers to … [Read more...]
According to the Project Management Body of Knowledge (PMBOK), projects are divided into five phases. These phases are: Initiating. The project is authorized, funded and defined. This phase occurs on the organizational level (i.e. above the project). The organization defines a business need the project is meant to satisfy. Planning. The project manager develops … [Read more...]
I think someone needs to pay closer attention to road! In order to make sure that disasters like this never happen, the project manager should institute a strong system of project monitoring. Fortunately, there is plenty of information within the Project Management Body of Knowledge (PMBOK) for this. If done right, it can save your project from disaster. In fact, … [Read more...]
According to the Project Management Body of Knowledge, the foundation of project management rests upon the five phases that every project goes through: Initiating. The tasks required to authorize, fund and define the project, generally on the organizational level (above the project). The organization defines a business need and commissions the project to meet … [Read more...]
