Project Management Courses: Providing The Components For Success

Project management is the art of simultaneously organising and managing the various and interrelated components that make up a project

. The principles of effective and efficient project management are the same, despite the various functions that it may incorporate, including product development, the launching of a new product, implementation of a marketing campaign or the redevelopment of a key municipal area.

There are endless literature resources on aspects, components and functions of project management, with consensus focusing on key interrelated elements, including resources, time, money and scope, that must be managed and coordinated to ensure that the project aims are met within monetary budgets and timeframes.

The basics of project management can be classified into five sections: defining the project, planning the project, execution of the project, controlling the project and closure of the project. In the process of defining the project, the aims and objectives are set, including the development of project deliverables and the desired outcomes of a specific set of activities, working closely with the business sponsors and other stakeholders with invested interest in the venture. The planning stage involves the detailed outlining of all activities and tasks, how they are related, the timeline for completion and dependency of particular tasks that require milestones to be achieved in previous activities before they can be commissioned. An important aspect of this stage is defining the requirements for completion of the project, stipulating how many resources are required, the costs involved as well as any other requirements deemed necessary. The identification of any risks and project constraints are identified and contingency plans originated to address any of these potential issues.

In executing the project, the team required to implement the goals and outcomes is formed, allocating resources and budgets. As the work begins, the next stage of controlling the project defines the success or failure of a project manager, as the constant surveillance and adaption of project plans are required to reflect actual time lapsed for each task, to ensure the progression of the tasks involved. Technological advances have greatly assisted in the project manager in this function, with the use of Microsoft Project facilitating nearly all administrative aspects. In the closure of the project, the team will be pulled together to analyse the final outcomes, and ultimate success of the project.

There are many skills that are necessary to become a successful project manager, as well as industry standards that must be adhered to. Recognised worldwide, the Project Management Body of Knowledge (PMBOK) provides the fundamentals of project management. These standards have become industry accepted and knowledge of the five processes (initiating, planning, executing, controlling and monitoring, closing) along with nine key knowledge areas (integration, costing, quality, human resources, communications, risk and procurement management) is considered necessary to not only be a competent and successful project manager, but to be considered for employment in this role. The skills necessary to fulfil these requirements are best resolved by enrolling in a nationally recognised educational program that will provide you with the skills, knowledge and practical experience needed to prosper in this environment.

by: Sue Gunn

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