Your SlideShare is downloading. ×
The Life Of A Project   Unit 1 Db
The Life Of A Project   Unit 1 Db
The Life Of A Project   Unit 1 Db
The Life Of A Project   Unit 1 Db
The Life Of A Project   Unit 1 Db
The Life Of A Project   Unit 1 Db
The Life Of A Project   Unit 1 Db
The Life Of A Project   Unit 1 Db
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

The Life Of A Project Unit 1 Db

671

Published on

The Life of a Project

The Life of a Project

Published in: Business, Technology
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
671
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
8
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. The Life of a Project<br />Carla J. McCoy<br />Unit 1 Discussion Board – MGT110<br />March 26th, 2009<br />American InterContinental University<br />Project Management<br />Project Management involves a starting and ending point that requires a set of co-ordinated activities, normally undertaken by either an organization or individual who is required to meet objectives that are specific with cost and performance parameters as well as a defined schedule. An effort must be made in the development of a project plan involving resources are needed. Defining project objectives and goals are also needed. Specifying tasks on how goals will be reached, along with associating budgets and timelines for completion will be required. There needs to be an implementation of the project plan as well which will ensure the plan is actually being managed according to the plan. There are also normally phases of Project Management that need to be followed such as evaluation and support maintenance, feasibility study, project planning, and implementation which will all need various titles. (Free Management Library, 1997-2009) <br />Project Management Objectives<br />Project Management Objectives are specific and are not measurable. Objectives refer to a specific purpose that drives each individual towards a set of solid goals that can be changed if necessary. A project leader or team with work strategies will direct their work and their strategies that they hope to advance in. Objectives can be a series of products or services that need to be produced or performed in order to accomplish a set of goals. Modifications of the end goals of a project may change if objectives of the project team change as well but are normally just modifications of the original goals or interests. There is normally a purpose that the leader or project team needs to attain in order to obtain specific results that need to be accomplished. (Project-Management-Knowledge.com, 2009)<br />Project Management Life-Cycle<br />Project Management Life-Cycle will define how to manage a project and will always remain the same. There are five Project Management Phases that all Projects should progress through which are listed below. (NYS Project Management Lifecycle, 2009)<br />
    • A Project is proposed by an Individual in order to create a product or develop a service to address or solve problems that are needed within the Performing Organization. The Proposal will then be submitted over to an evaluation and selection process by the performing organization. Considering that it would be selected, what may be required afterwards would be a budget or further management commitment prior to the project manager being assigned and the project being authorized to progress over to Project Initiation. A time delay between the proposal, selection, and initiation could be evident depending on standards and practices that the performing organization has. (NYS Project Management Lifecycle, 2009)
    • 2. A project manager will be assigned at the beginning of a project initiation who will work with a project sponsor in identifying resources. Team members will be needed for key project parameters development involving cost, scope, schedule, and quality (CSSQ). Documented information will be created into a project charter which is based on the project proposal and includes the original business case. Initial planning effort among a designated team will begin once the approval of the project charter is authorized by the project sponsor. The results of the Initial Project Plan from the Project Initiation will differ in detail levels which have to be sufficient to obtain new resources before it can progress to the next phase. Communication is required among all parties that will be affected by the project where risks that can threaten the project can be identified. A revision and re-evaluation will then be made along with a decision that will either allow the project to halt or proceed. (NYS Project Management Lifecycle, 2009)
    • 3. Additional members will join the Project Team at this point to assist with the Cost, Scope, Schedule, and Quality, CSSQ) and key elements are added to the plan which include issue management, externally-focused items, change control, acceptance management, and issue management. This is where an initial list of project risks are augmented and mitigation plans are developed. There should be no work uncovered when the project plan is completed, however at a later date there is some project work that may continue such as transition and implementation details. When Project Planning is at an end the Case is then revised and re-evaluated along with a decision to either halt or proceed with resources that are necessary for Project Execution and Control. (NYS Project Management Lifecycle, 2009)
    • 4. If Project Execution and Control is needed then resources are applied in the project. Again, various team members will join at this point and begin this part of the phase. The Project Team will then execute tasks that are on the defined Project Schedule in order to develop a product or service to deliver. Processes and Plans are used during Project Initiation and Project Planning in order to manage the product or services for transitioning the service or product responsibility from the Project team to the performing organization. (NYS Project Management Lifecycle, 2009)
    • 5. The outcome and performance of the project team and performing organization is then assessed by soliciting and evaluating feedback from customers, consumers, stakeholders, and project team members. The purpose of the assessment is used for enabling performing organization, best practices and lessons learned in order to use for future projects. (NYS Project Management Lifecycle, 2009)
    • 6. Project Management work breakdown structure
    Work Breakdown Structure involves using a hierarchical tree structure and helps organize and define the complete project more accurately. It also aids in resource allocation, controlling the project, assigning responsibilities, and monitoring the project. The deliverable will be more precise and concrete so project teams know what has to be accomplished. Better time will be able to be allowed by teams, and better estimating of risk and cost as well. You can also use the Mind Mapping Methodology instead if you choose to do so. A group of people will need to gather in one single room where two levels will be set up. One level is the project title, and the other is made up of all deliverables for the project. Next they will need to launch into the decomposition or breakdown where deliverables are broken down into smaller pieces of work to be completed in order for work to not only have a time frame but to be able to be realistically managed which is what we call the Work Package. This level requires the Project Manager to monitor all Project work. Some projects will be measured using an 8/80 % rule but strive for the 100% rule. Activities and tasks will be planned from work packages once they are assigned. (Online-Project-Management-Training.com, 2009)<br />Website with Suggestions for Developing Effective Proposals<br />The website I have chosen to review is http://www.allbusiness.com/management/466167-1.html A Description of the Content on this website is the Process of research and planning in order to develop winning proposals which is the key to competing among today’s global markets. There are three aspects on this website that will help proposals be more effective such as preliminary research, planning to write, and writing because writing is only part of making proposals effective, so you need the other two in order to complete the process. Anytime a proposal is going to be created a person needs to do some extensive research that will clearly define the purpose. <br />References<br />Online Web Library:<br />Free Management Library, (1997-2009) Project Management Authenticity Consulting, LLC<br /> Retrieved on March 26th, 2009 from http://managementhelp.org/plan_dec/project/project.htm#anchor440783<br />Online Web Page:<br />Project-Management-Knowledge.com, (2009) Project Management Knowledge, Retrieved<br /> March 26, 2009, from Web site: http://www.project-management-knowledge.com/definitions/o/objective/<br />Online-Project-Management-Training.com, (2009) Project Management Work Breakdown<br /> Structure retrieved on March 26th, 2009 from Web Site: http://www.online-project-management-training.com/work-breakdown-structure.html<br />Online Guidebook:<br />NYS Project Management Lifecycle, (2009) Project Management Lifecycle NYS Office for <br />Technology Project Management Office (Section 1) Retrieved on March 26th, 2009 from Web Site pdf file: http://www.oft.state.ny.us/pmmp/guidebook2/Origination.pdf<br />

×