PROJECT MANAGMENT
Initiate the project
- Define purpose, goals, and expected outcomes.
- Conduct a feasibility study or needs analysis.
- Identify stakeholders and their requirements.
- Secure resources and budget.
Plan
- Create a project plan with timeline and milestones.
- Break down work into tasks (WBS).
- Assign roles and responsibilities.
- Identify risks and develop a risk management plan.
Implement
- Lead the project team and coordinate activities.
- Ensure communication within the team and towards stakeholders.
- Manage changes and issues that arise.
- Ensure deliverables are produced according to plan.
Follow up and control
- Monitor time, cost, quality, and scope.
- Report status to the steering group or client.
- Adjust the plan as necessary to handle deviations.
End the project
- Deliver the end result and gain approval.
- Document lessons learned.
- Wind down the project organization.
Key words in project management
- Scope—what's and isn't included in the project.
- Timetable – when various activities must be completed.
- Budget—how much money is available and how it is spent.
- Quality – that the result meets requirements and standards.
- Risk management – anticipating and managing uncertainties.
- Stakeholder management – involving and communicating with everyone who is affected.
Common methods and frameworks
- PMP / PMBOK – global standard for project management.
- PRINCE2– process-based method, popular in the public sector.
- Agile methods – e.g. Scrum or SAFe, is used in iterative development.
- Lean / Kanban – focuses on flow and efficiency.
Project management is like being the captain of a ship – you have to know where you're going, have a plan to get there, manage the crew, and deal with unexpected storms, all while delivering the cargo on time and on budget.