Scope Management techniques help project managers to allocate just the right amount of work necessary to complete a project successfully (1). In the project scope, there are some requirements that should be included as below:
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must be accurate, transparent and reliable. These factors are particularly important for a small business because its resources are limited. Using standard techniques give accurate results, and their reliability is high as long as the inputs used for the calculations are exact. When you calculate project costs using effective cost-estimating techniques, you will be able to assign corresponding resources and develop schedules to manage the project the project successfully. (1) ... Read more » |
Before meeting with sponsors, the projects must have their project charter because of preventing them from big financial issues. The basic purpose of a project charter is to authorize the project manager to start the approved project and allow him to use organizational resources to accomplish the obj ... Read more » |
Stakeholders have varying levels of responsibility and authority when participating on a project. This level can change over the course of the project’s life cycle. Their involvement may range from occasional contributions in surveys and focus groups to full project sponsorship which includes providing financial, political, or other support. Some stakeholders may also detract from the success of the project, either passively or actively. Stakeholder identification is a continuous process throughout the entire project life cycle. Identifying stakeholders, understanding their relativ ... Read more » |
The sponsor, let’s call him Mike, was a division manager with 30 years dedicated to the same company. He himself proposed a very good project to outsource half of his division and create a new organization which will hold all assets. For the organization that would be a perfect project because it aligns with the organizational strategy. Moreover, if the project succeeded it would result in cost reduction, improved service levels ... Read more » |
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Before realising the meaning and role of project management in business world, it is useful to analyse what the project its ... Read more » |
There are some certain skills that are obligation for a proejct manager to be most successful, as project manager is a “must” for every project. It is thought that the project finishes when all the stages below are done: * Project Integration Management * Project Scope Management * Project Time Management * Project Cost Management * Project Quality Management * Project Human Resource Management * Project Communications Management * Project Risk Management * Project Procurement Management * Project Stakeholder Management In order to be named as a professional project manager, you must pass some tests completely and get certificate in this field. Studies show that 40 percent of participants have failed from the first exam. Despite the fact that this percentage seems a ... Read more » |
Project management involves planning and organization of a company's resources to move a specific task, event or duty toward completion. It typically involves a one-time project rather than an ongoing activity, and resources managed include human Capital and fınancial Capital. A project manager helps to define the goals and objectives of the project and determines when the various project components are to be completed and by whom; he also creates quality control checks ... Read more » |
• Quality (“Good”) • Time (“Fast”) • Cost (“Cheap”) • Scope • Risk •&n ... Read more » |