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Project Management
Project Management

Project management is a name given to phenomena of planning, organizing, enabling and supervising resources by putting maximum effort to accomplish the goals and objectives. People usually confuse the word project with process. Well - managing a process is not a project; in fact project is an activity which has a definite start, middle and an end. It consumes resources like time, capital, manpower etc. Every project has three basic characteristics ranging from the scope of the project, time constraint and its cost (budget and benefit over cost). Project management is an implementation tool for strategic choices & plans e.g. process change, technology development and quality management.

Some of the initial steps towards project management includes: managing tasks in a proper sequence with coordination, that is, segregation of duties and ability to delegate. Assigning and managing tasks with greater ease can get early warnings for delayed work and bottle necks. Secondly there is a need to align resources adequately. There is always a need to align resources and schedule everything to overcome these limitations and time constraints.

Now there comes a question that how to measure the performance of a project team? The initiative reporting interface lets you to easily measure the actual results versus budgeted performance with total in ease. It is important that you closely monitor budget, reduce costs and improve efficiency. For effective project management you need to draft an adequate project plan. Project plan is a project strategy and it should be developed from the project initiation document.

Few of the features of project plan can be the introduction of project purpose, its scope and possible outcomes. A brief overview of project details and summary of its scope needs to be discussed in a thoughtful manner. Then there is a need to look up for human resources, their skills, fixed assets and others. Managerial and technical process plans are mainly reporting plans, tools, methods, techniques, infrastructure and documentation. Lastly, the evaluation plan which is based on deliverable measurement. And in the end you should be aware of the quality plans and risk management assessment. Best of all create concrete bond between your business strategy and project processes. You can be provided with best project management solutions you need and make available skill set or technology to run the project management office effectively.




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