5 processes of project success

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with 5 Principles and Practices in place, 5 processes are needed to execute any project

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5 processes of project success

  1. 1. !  Define Work Breakdown Structure(WBS). !  Identify Organizational Breakdown Structure (OBS). !  Integrate WBS and OBS. !  Schedule work. !  Identify Products and Milestones. !  Set time phased budget. !  Record direct costs. !  Determine variances. !  Sum Data and variances. !  Manage action plans. Performance Analysis !  Incorporate Changes. 1/29 † These 11 processes are a subset of the 32 Guideline of ANSI–748-C Earned Value Management. While not all projects can make use ANSI EVM, these process are the basis of all project management success. Copyright © 2012, Performance-Based Project Management is a Registered Trademark of Niwot Ridge Consulting, LLC

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