Project management is the most important and demanding matrix to maximize the productivity. With the rapid proliferation of technology, the importance of project management has increased exponentially. So idea on project management terminology is much required for a project manager.
Project management is the application of knowledge, Skills, tools and techniques to project activities to meet project requirements. It is accomplished through the application and integration of the project management processes of initiating, planning, executing, monitoring and controlling, and closing. The project manager is the person responsible for accomplishing the project objectives.
Contents are sourced from different authors including PMBOK 5th Edition.
This is provided for free as part of our Continuing Practice in Project Management Professional Certification. You may download, share but please refrain from commercializing it or altering parts. Thanks.
For more on Innovations and Project Management, please visit www.facebook.com/SigmaProcessExcellence
Project management is the application of knowledge, Skills, tools and techniques to project activities to meet project requirements. It is accomplished through the application and integration of the project management processes of initiating, planning, executing, monitoring and controlling, and closing. The project manager is the person responsible for accomplishing the project objectives.
Contents are sourced from different authors including PMBOK 5th Edition.
This is provided for free as part of our Continuing Practice in Project Management Professional Certification. You may download, share but please refrain from commercializing it or altering parts. Thanks.
For more on Innovations and Project Management, please visit www.facebook.com/SigmaProcessExcellence
What is the project management? what is the essential activity in a project management? Most of the books written about project management won't give us clear idea about those questions. But here you can get the most practical knowledge about software development project management. From this slide, you can see what are the project management and what is the key of project management to make the project successful.
This is the most simplest explanation document about software project management.
Introduction to Project, Project Management
Three Basic attributes of a Project
Characteristics of a Project
Elements of Project Management
Problems of Project Management
Project management refers to the application of the knowledge, skills and techniques for the execution of the project with efficacy and effectively. The project report focuses on the feasible and convenient execution of the project (Bryde, 2003). For more information regarding Project management read our our complete sample.
fective project management is critical to ensure that the results meet stakeholder expectations, yet organizations resist project management due to the perception that it must be complex and require excessive effort and expense.
This solution set overview will help you:
•Understand the Project Management Essentials.
•Implement the essentials to improve project success rates.
•Link to tools and templates for successful project planning, monitoring, and communication.
Clear success criteria, strong soft skills, a focus on resource planning, and an active approach to project management are more important than formalized frameworks, certified project managers or complex software.
Project Resource Management 3 Jon LewisBPUG Congress
If this presentation is of interest visit http://www.bpugcongress.com to find out when the next event is taking place.
# Strategic and tactical resource planning
# Scenario planning and management
# Availability and capability assessment
# Skills matching and resource selection
# Resource assignment
# Time and cost tracking.
Project Management Essentials for Engineers and Architects explains basic project management principles and illustrates how to manage and align technology projects for success.
Project management issues and their solutionOrangescrum
Common project Management problems can be fixed with online project management software easily. Identifying project management issues and their solution is the most important thing.
Today as we see, software has become an inseparable part of human life. Almost everything we can look around is managed, controlled by software.
The goal of software project management is to understand, plan, measure, and control the project such that it is delivered on time and on budget. This involves gathering requirements, managing risk, monitoring and controlling progress, and following a software development process.
What is the project management? what is the essential activity in a project management? Most of the books written about project management won't give us clear idea about those questions. But here you can get the most practical knowledge about software development project management. From this slide, you can see what are the project management and what is the key of project management to make the project successful.
This is the most simplest explanation document about software project management.
Introduction to Project, Project Management
Three Basic attributes of a Project
Characteristics of a Project
Elements of Project Management
Problems of Project Management
Project management refers to the application of the knowledge, skills and techniques for the execution of the project with efficacy and effectively. The project report focuses on the feasible and convenient execution of the project (Bryde, 2003). For more information regarding Project management read our our complete sample.
fective project management is critical to ensure that the results meet stakeholder expectations, yet organizations resist project management due to the perception that it must be complex and require excessive effort and expense.
This solution set overview will help you:
•Understand the Project Management Essentials.
•Implement the essentials to improve project success rates.
•Link to tools and templates for successful project planning, monitoring, and communication.
Clear success criteria, strong soft skills, a focus on resource planning, and an active approach to project management are more important than formalized frameworks, certified project managers or complex software.
Project Resource Management 3 Jon LewisBPUG Congress
If this presentation is of interest visit http://www.bpugcongress.com to find out when the next event is taking place.
# Strategic and tactical resource planning
# Scenario planning and management
# Availability and capability assessment
# Skills matching and resource selection
# Resource assignment
# Time and cost tracking.
Project Management Essentials for Engineers and Architects explains basic project management principles and illustrates how to manage and align technology projects for success.
Project management issues and their solutionOrangescrum
Common project Management problems can be fixed with online project management software easily. Identifying project management issues and their solution is the most important thing.
Today as we see, software has become an inseparable part of human life. Almost everything we can look around is managed, controlled by software.
The goal of software project management is to understand, plan, measure, and control the project such that it is delivered on time and on budget. This involves gathering requirements, managing risk, monitoring and controlling progress, and following a software development process.
Why project planning is critical in project managementOrangescrum
Successful planning is the most important component of Project Management and it leads to agile delivery, increased productivity and profit of any business.
BPP Training on Project Management - Day 1Imoh Etuk
This training was about exposing the employees of the Lagos State Public Service to the Contemporary Project Management Practices they can adopt to Enhance Project Delivery in the Pandemic Era for the Lagos State Public Service.
Upon successful completion of the training, participants s were to apply the generally recognized practices of project management acknowledged by the Project Management Institute (PMI) to successfully manage projects by:
• Getting started with project management fundamentals.
• Identifying organizational influences and project life cycle.
• Working with project management processes.
• Initiating a project.
• Planning a project.
• Planning for project time management.
• Planning project budget, quality, and communications.
• Planning for risk, procurements, and stakeholder management.
• Executing a project.
• Managing project work, scope, schedules, and cost.
• Controlling a project.
• Closing a project.
What is a project & Project management
Organization for industrial projects
The role of people at different positions,
Project environment
Project classification
The Ultimate Guide To Project Resources ManagementOrangescrum
Project Resource Management is the process of effectively planning, allocating, and managing the resources needed to complete a project. Read more: https://www.orangescrum.com/blog/ultimate-guide-to-project-resources-management.html
Top Project Management Best Practices.pdfOrangescrum
Project management best practices will enable you to deliver your projects successfully. Through effective project management practices, businesses can improve the performance of the team to become faster, better and more efficient when compared to their previous results.
The term ‘project management’ initiated its journey in the early 1950s. By definition, project management is the practice of planning and organizing an organization’s resources in order to move a specific task to completion. Before acquiring knowledge in project management, it is significant to know what a ‘project’ is. For this, you can avail our project management assignment help
A skilled project manager must be able to multitask to ensure that each project phase runs on time and within budget. If you need more advice & tips to improve your skills, then click the link and read more on the PDF. https://bit.ly/3EO8vZY
Training Slides of Construction Supervising Site Engineer - Duties & Responsibilities, discussing the importance of Construction Site.
Some Key-Points:
-The meaning and concept of project management
-The Role of the Project Manager
-The Architect as a Construction Project Manager
For further information regarding the course, please contact:
info@asia-masters.com
www.asia-masters.com
Agile Metrics and KPIs: Measuring Team PerformanceOrangescrum
Agile Metrics and Key Performance Indicators (KPIs) provide a structured way to measure team performance, identify areas for improvement, and drive success. This also suggests the areas for improvement, and overall health.
Explore advanced insights to enhance your role as a Scrum Master, fostering a culture of continuous improvement and delivering exceptional value with each sprint.
The Use of Story Point and Sprint Report in Agile Project Methodology.pdfOrangescrum
Orangescrum understands these needs and offers a comprehensive suite of agile project management features, including the powerful story point estimation technique, as well as time estimation and task count capabilities. By leveraging these features, project managers can plan their sprints with confidence, embracing the true spirit of agile methodology.
Project management software for non-pofit organization.pdfOrangescrum
With the latest trend, project management will play a major role in producing productivity with its new technologies as well as increasing workflow efficiency. Project management software like Orangescrum is adopting these trends into the application to deliver a wholesome project management experience.
What are the Top Project Management Trends in 2023_.pdfOrangescrum
Effective resource management is not just a good-to-have feature but a necessity. It is essential to succeed in effective project delivery. For smooth and efficient resource allocation and utilization a project manager can take the help of a project management tool like Orangescrum.
Project Management Trends to Look for in 2023.pdfOrangescrum
In the fast-paced world of project management, staying up-to-date with the latest trends and innovations helps
in maximising productivity. These latest trends serves as your gateway to the exciting landscape of project management trends in 2023 and beyond
Revolutionizing Healthcare_ How Project Management Software Can Increase Effi...Orangescrum
Project management software can offer a wide range of advantages to healthcare organizations, from improved patient care and cost savings to increased efficiency and better communication. It saves time and resources while improving patient care.
How to Streamline Your Workflow Using Orangescrum.pdfOrangescrum
Streamlining your workflow can be the key to increased productivity and efficiency. By taking full advantage of Orangescrum powerful features, you can make project management simpler, faster, and more organized for everyone involved. Start today by giving Orangescrum a try
On-Premises Project Management Software for Construction Companies.pdfOrangescrum
Project management software for construction industries aligns all resources and tools utilized in the construction as well as coordinate between project workers to maintain project progress timelines. This saves more time to increase work productivity.
Project Management Software for Marketing and Advertising Agencies.pdfOrangescrum
Project Management Tool, Marketing Agencies, Running a marketing team is a time-intensive process where project managers have to consider multiple aspects of a project to make it a success. Orangescrum is an all-inclusive project collaboration tool designed for marketing agencies to collaborate, manage tasks and streamline their activities in one platform.
Viewing the most important tasks and sub-tasks of multiple projects can be time- consuming for team members. To make things easier, Orangescrum has released the ‘Your Works’ view that provides task details that are on focus for the next 3 days.
Orangescrum is an all-in-one project collaboration tool designed for marketing agencies to strategize their workflows and achieve their marketing goals effectively. It allows the marketing team to break down their work into manageable tasks and assign them to team members.
What is Task Cycle and How to View in Orangescrum.pdfOrangescrum
Task cycle is a key performance metric used in project management to measure the time taken to complete a specific task or process. It provides valuable insights into the efficiency and effectiveness of project management processes, allowing you to identify bottlenecks, inefficiencies, and areas for improvement.
Top 15 Project Management Tools in 2023.pdfOrangescrum
Orangescrum is an all-inclusive project collaboration software with features to support and manage all aspects of project development with cross-department functionalities. From planning to execution, Orangescrum can handle all business workflows effortlessly.
Top Self-Hosted Project Mangement Software.pdfOrangescrum
Implementing the right project management software for your business is the key to the success of your project deliverables. Orangescrum is an all-in-one project management tool that offers both cloud-hosting and self-hosted solutions to businesses of all sizes.
Orangescrum’s New User-Onboarding - A Delightful Experience .pdfOrangescrum
Orangescrum Project management tool has changed the existing onboarding design to a new onboarding process that lets new users to set-up a new project in 7 easy-to-follow click-by-click steps.
Data Center Project Management Software and Its BenefitsOrangescrum
Orangescrum provides world-class project management services through its data center edition. Sign-up free to Orangescrum data center project management software today to know how the data center edition can transform your project management landscape.
Differences between On-Premise Vs Hosted Vs SaaS Project Management Software ...Orangescrum
The choice between On-Premise, Hosted, and SaaS Project Management Software depends on the specific needs and capabilities of the organization. On-Premise software offers greater control and customization. Hosted software provides more flexibility than On-Premise software. SaaS software is accessible, scalable, and cost-effective, making it a good fit for smaller organisations.
Why Planning Is Important in Project ManagementOrangescrum
Planning is an essential aspect of successful project management. It plays a key role in establishing project goals and objectives, determining project scope, allocating resources, managing risks, improving communication, increasing efficiency, and accountability.
Tips to Become a Leader in Remote Workforce ManagementOrangescrum
Effective remote workforce management requires clear and consistent communication, trust and autonomy for team members, use of technology to facilitate collaboration. Read more: https://www.orangescrum.com/blog/remote-workforce-management-tips.html
Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...Ramesh Iyer
In today's fast-changing business world, Companies that adapt and embrace new ideas often need help to keep up with the competition. However, fostering a culture of innovation takes much work. It takes vision, leadership and willingness to take risks in the right proportion. Sachin Dev Duggal, co-founder of Builder.ai, has perfected the art of this balance, creating a company culture where creativity and growth are nurtured at each stage.
DevOps and Testing slides at DASA ConnectKari Kakkonen
My and Rik Marselis slides at 30.5.2024 DASA Connect conference. We discuss about what is testing, then what is agile testing and finally what is Testing in DevOps. Finally we had lovely workshop with the participants trying to find out different ways to think about quality and testing in different parts of the DevOps infinity loop.
UiPath Test Automation using UiPath Test Suite series, part 4DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 4. In this session, we will cover Test Manager overview along with SAP heatmap.
The UiPath Test Manager overview with SAP heatmap webinar offers a concise yet comprehensive exploration of the role of a Test Manager within SAP environments, coupled with the utilization of heatmaps for effective testing strategies.
Participants will gain insights into the responsibilities, challenges, and best practices associated with test management in SAP projects. Additionally, the webinar delves into the significance of heatmaps as a visual aid for identifying testing priorities, areas of risk, and resource allocation within SAP landscapes. Through this session, attendees can expect to enhance their understanding of test management principles while learning practical approaches to optimize testing processes in SAP environments using heatmap visualization techniques
What will you get from this session?
1. Insights into SAP testing best practices
2. Heatmap utilization for testing
3. Optimization of testing processes
4. Demo
Topics covered:
Execution from the test manager
Orchestrator execution result
Defect reporting
SAP heatmap example with demo
Speaker:
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
UiPath Test Automation using UiPath Test Suite series, part 3DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 3. In this session, we will cover desktop automation along with UI automation.
Topics covered:
UI automation Introduction,
UI automation Sample
Desktop automation flow
Pradeep Chinnala, Senior Consultant Automation Developer @WonderBotz and UiPath MVP
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
PHP Frameworks: I want to break free (IPC Berlin 2024)Ralf Eggert
In this presentation, we examine the challenges and limitations of relying too heavily on PHP frameworks in web development. We discuss the history of PHP and its frameworks to understand how this dependence has evolved. The focus will be on providing concrete tips and strategies to reduce reliance on these frameworks, based on real-world examples and practical considerations. The goal is to equip developers with the skills and knowledge to create more flexible and future-proof web applications. We'll explore the importance of maintaining autonomy in a rapidly changing tech landscape and how to make informed decisions in PHP development.
This talk is aimed at encouraging a more independent approach to using PHP frameworks, moving towards a more flexible and future-proof approach to PHP development.
Essentials of Automations: Optimizing FME Workflows with ParametersSafe Software
Are you looking to streamline your workflows and boost your projects’ efficiency? Do you find yourself searching for ways to add flexibility and control over your FME workflows? If so, you’re in the right place.
Join us for an insightful dive into the world of FME parameters, a critical element in optimizing workflow efficiency. This webinar marks the beginning of our three-part “Essentials of Automation” series. This first webinar is designed to equip you with the knowledge and skills to utilize parameters effectively: enhancing the flexibility, maintainability, and user control of your FME projects.
Here’s what you’ll gain:
- Essentials of FME Parameters: Understand the pivotal role of parameters, including Reader/Writer, Transformer, User, and FME Flow categories. Discover how they are the key to unlocking automation and optimization within your workflows.
- Practical Applications in FME Form: Delve into key user parameter types including choice, connections, and file URLs. Allow users to control how a workflow runs, making your workflows more reusable. Learn to import values and deliver the best user experience for your workflows while enhancing accuracy.
- Optimization Strategies in FME Flow: Explore the creation and strategic deployment of parameters in FME Flow, including the use of deployment and geometry parameters, to maximize workflow efficiency.
- Pro Tips for Success: Gain insights on parameterizing connections and leveraging new features like Conditional Visibility for clarity and simplicity.
We’ll wrap up with a glimpse into future webinars, followed by a Q&A session to address your specific questions surrounding this topic.
Don’t miss this opportunity to elevate your FME expertise and drive your projects to new heights of efficiency.
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...UiPathCommunity
💥 Speed, accuracy, and scaling – discover the superpowers of GenAI in action with UiPath Document Understanding and Communications Mining™:
See how to accelerate model training and optimize model performance with active learning
Learn about the latest enhancements to out-of-the-box document processing – with little to no training required
Get an exclusive demo of the new family of UiPath LLMs – GenAI models specialized for processing different types of documents and messages
This is a hands-on session specifically designed for automation developers and AI enthusiasts seeking to enhance their knowledge in leveraging the latest intelligent document processing capabilities offered by UiPath.
Speakers:
👨🏫 Andras Palfi, Senior Product Manager, UiPath
👩🏫 Lenka Dulovicova, Product Program Manager, UiPath
State of ICS and IoT Cyber Threat Landscape Report 2024 previewPrayukth K V
The IoT and OT threat landscape report has been prepared by the Threat Research Team at Sectrio using data from Sectrio, cyber threat intelligence farming facilities spread across over 85 cities around the world. In addition, Sectrio also runs AI-based advanced threat and payload engagement facilities that serve as sinks to attract and engage sophisticated threat actors, and newer malware including new variants and latent threats that are at an earlier stage of development.
The latest edition of the OT/ICS and IoT security Threat Landscape Report 2024 also covers:
State of global ICS asset and network exposure
Sectoral targets and attacks as well as the cost of ransom
Global APT activity, AI usage, actor and tactic profiles, and implications
Rise in volumes of AI-powered cyberattacks
Major cyber events in 2024
Malware and malicious payload trends
Cyberattack types and targets
Vulnerability exploit attempts on CVEs
Attacks on counties – USA
Expansion of bot farms – how, where, and why
In-depth analysis of the cyber threat landscape across North America, South America, Europe, APAC, and the Middle East
Why are attacks on smart factories rising?
Cyber risk predictions
Axis of attacks – Europe
Systemic attacks in the Middle East
Download the full report from here:
https://sectrio.com/resources/ot-threat-landscape-reports/sectrio-releases-ot-ics-and-iot-security-threat-landscape-report-2024/
Let's dive deeper into the world of ODC! Ricardo Alves (OutSystems) will join us to tell all about the new Data Fabric. After that, Sezen de Bruijn (OutSystems) will get into the details on how to best design a sturdy architecture within ODC.
GraphRAG is All You need? LLM & Knowledge GraphGuy Korland
Guy Korland, CEO and Co-founder of FalkorDB, will review two articles on the integration of language models with knowledge graphs.
1. Unifying Large Language Models and Knowledge Graphs: A Roadmap.
https://arxiv.org/abs/2306.08302
2. Microsoft Research's GraphRAG paper and a review paper on various uses of knowledge graphs:
https://www.microsoft.com/en-us/research/blog/graphrag-unlocking-llm-discovery-on-narrative-private-data/
Neuro-symbolic is not enough, we need neuro-*semantic*Frank van Harmelen
Neuro-symbolic (NeSy) AI is on the rise. However, simply machine learning on just any symbolic structure is not sufficient to really harvest the gains of NeSy. These will only be gained when the symbolic structures have an actual semantics. I give an operational definition of semantics as “predictable inference”.
All of this illustrated with link prediction over knowledge graphs, but the argument is general.
Connector Corner: Automate dynamic content and events by pushing a buttonDianaGray10
Here is something new! In our next Connector Corner webinar, we will demonstrate how you can use a single workflow to:
Create a campaign using Mailchimp with merge tags/fields
Send an interactive Slack channel message (using buttons)
Have the message received by managers and peers along with a test email for review
But there’s more:
In a second workflow supporting the same use case, you’ll see:
Your campaign sent to target colleagues for approval
If the “Approve” button is clicked, a Jira/Zendesk ticket is created for the marketing design team
But—if the “Reject” button is pushed, colleagues will be alerted via Slack message
Join us to learn more about this new, human-in-the-loop capability, brought to you by Integration Service connectors.
And...
Speakers:
Akshay Agnihotri, Product Manager
Charlie Greenberg, Host
"Impact of front-end architecture on development cost", Viktor TurskyiFwdays
I have heard many times that architecture is not important for the front-end. Also, many times I have seen how developers implement features on the front-end just following the standard rules for a framework and think that this is enough to successfully launch the project, and then the project fails. How to prevent this and what approach to choose? I have launched dozens of complex projects and during the talk we will analyze which approaches have worked for me and which have not.
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualityInflectra
In this insightful webinar, Inflectra explores how artificial intelligence (AI) is transforming software development and testing. Discover how AI-powered tools are revolutionizing every stage of the software development lifecycle (SDLC), from design and prototyping to testing, deployment, and monitoring.
Learn about:
• The Future of Testing: How AI is shifting testing towards verification, analysis, and higher-level skills, while reducing repetitive tasks.
• Test Automation: How AI-powered test case generation, optimization, and self-healing tests are making testing more efficient and effective.
• Visual Testing: Explore the emerging capabilities of AI in visual testing and how it's set to revolutionize UI verification.
• Inflectra's AI Solutions: See demonstrations of Inflectra's cutting-edge AI tools like the ChatGPT plugin and Azure Open AI platform, designed to streamline your testing process.
Whether you're a developer, tester, or QA professional, this webinar will give you valuable insights into how AI is shaping the future of software delivery.
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Introduction to Project Management Terminologies Orangescrum Tutorial
1. From the Resource Library of Orangescrum | #1 Task Management Software
Introduction to Project Management Terminologies
Project management is becoming increasingly important. In the past, project management consisted
mainly of collecting metrics and project data for evaluation, then making adjustments in order to
increase productivity and efficiency.
Project managers were also responsible for managing human capital (making sure that a project had
enough "people" to get all tasks completed).
With the rapid proliferation of technology, the importance of project management has increased
exponentially in terms of the tasks required of a project manager, as well as the knowledge necessary to
perform these tasks.
2. From the Resource Library of Orangescrum | #1 Task Management Software
What is a Project?
Projects exist in every enterprise. A project is run with an objective to deliver unique products, services,
or events, and also contribute to bring about major organizational changes or recovery from natural or
man-made disasters.
Projects have starting and ending points in time and progress through a number of life cycle phases.
Image Source: Stakeholder Mapping
According to Wikipedia, a project is an individual or collaborative enterprise, possibly involving research
or design, which is carefully planned, usually by a project team, to achieve a particular aim.
A project may also be a set of interrelated tasks to be executed over a fixed period and within certain
cost and other limitations.
What is Project Management and how is it different from Operational management?
A project in any organization is a collaborative effort across departments to achieve a single well-defined
goal. The process of planning, organizing and managing resources to achieve the organizational
objective is called project management.
3. From the Resource Library of Orangescrum | #1 Task Management Software
Image Source: MEGATEK ICT ACADEMY
On the other hand, Operations Management is an ongoing organizational function that performs
activities to produce products or supply services. For an instance, production operations, manufacturing,
IT service management, and accounting operations.
Furthermore, operations are permanent endeavors that produce repetitive outputs. Resources are
assigned to do the same tasks according to operating procedures and policy.
In contrast, projects are temporary and help the business to meet organizational goals and to respond
quickly and easily to the external environment. Organizations use projects to change operations,
products and services to meet business need, gain competitive advantage and respond to new markets.
Here are the quick differences between operation and project management
Role assigned to manager Project manager Operation Manager
Duration in the role Role ends with project Routine
Team Temporary team Stable organization
Work type Work not done before Work repeatable
Factor depends on Time, cost and scope constraints Annual planning cycle
Budget time estimate Difficult to estimate time and budget Budgets set and fixed events
4. From the Resource Library of Orangescrum | #1 Task Management Software
Popular Project Management terminologies:-
Before, we move into the details of project management, we need to understand some common project
management terminologies.
Project Scope:-
Project scope is the part of project planning that involves determining and documenting a list of specific
project goals, deliverables, features, functions, tasks, deadlines, and ultimately costs.
In other words, it is what needs to be achieved and the work that must be done to deliver a project.
Requirements:-
Requirements are descriptions of how a product or service should act or perform. Requirements
generally refer to the features and functions of the deliverables you are building on your project.
Project Management Communication Plan:-
A project communication plan that will guide the messages to the stakeholders is a critical part of any
project. How well you communicate throughout the life cycle of your project can make the difference
between success and failure.
Task:-
In project management, a task is an activity that needs to be accomplished within a defined period of
time or by a deadline to work towards work-related goals. A task can be broken down into assignments
which should also have a defined start and end date or a deadline for completion.
Resource:-
In project management terminology, resources are required to carry out the project tasks. They can be
people, equipment, facilities, funding, or anything else capable of definition (usually other than labor)
required for the completion of a project activity. The lack of a resource will therefore be a constraint on
the completion of the project activity. Resources may be storable or non-storable. Storable resources
remain available unless depleted by usage, and may be replenished by project tasks which produce
them. Non-storable resources must be renewed for each time period, even if not utilized in previous
time periods.
5. From the Resource Library of Orangescrum | #1 Task Management Software
Stakeholders:-
Stakeholders are those with any interest in your project’s outcome. They are the members of a project
team, project managers, sponsors, customers, and users. They are people who are invested in the
project and who will be affected by your project at any point along the way, and their input can directly
impact the outcome of your project.
Sponsor (executive sponsor and project sponsor:-
Sponsor is the person who is responsible for funding of the project.The executive sponsor provides
project funding, resolves issues and scope changes, approves major deliverables, and provides high-level
direction. The project sponsor represents the executive sponsor on a day-to-day basis and makes most
of the decisions requiring sponsor approval. If the decision is large enough, the project sponsor will take
it to the executive sponsor.
RACI matrix:-
RACI organizes your project so that everyone knows what’s happening. With the RACI, map out that is
Responsible, is Accountable, must be consulted with, and shall stay Informed.
Let’s break it down further. Here is what your project delegation looks like with RACI.
Responsible – Person responsible for completing the task.
Accountable – Decision makers and person responsible to taking actions on the task(s).
Consulted – Person to be communicated with regarding decisions and tasks
Informed – Person to be updated on decisions and actions during the project
Project Scheduling:-
Project scheduling is a mechanism to communicate what tasks need to get done and which
organizational resources will be allocated to complete those tasks in what timeframe. A project schedule
is a document collecting all the work needed to deliver the project on time.
Critical path:-
The critical path is the longest sequence of activities in a project plan which must be completed on time
for the project to complete on due date. An activity on the critical path cannot be started until its
predecessor activity is complete; if it is delayed for a day, the entire project will be delayed for a day
unless the activity following the delayed activity is completed a day earlier.
6. From the Resource Library of Orangescrum | #1 Task Management Software
The duration of a project can only be estimated once you know what resources are available, for
example, if a project is estimated to require 1000 hours of effort and only one person is available to
work on it, it may take six months or more. However, if three people are available, it may be possible to
complete the project in two months.
Estimating Project Duration and Costs:-
The duration of a project can only be estimated once you know what resources are available.
For example, if a project is estimated to require 1000 hours of effort and only one person is available to
work on it, it may take six months or more. However, if three people are available, it may be possible to
complete the project in two months.
Costs are normally split into labor costs and non-labor costs.
The labor cost can be determined by examining the number of hours of effort required and the cost per
hour.
If you are using external labor, e.g., contractors or consultants, the costs should be estimated and
budgeted in advance.
This is straightforward if you already know your exact requirements, but if the final staffing
requirements are not yet known you may need to make some assumptions based on the general type of
staff required, e.g. use standard hourly cost for accountants, programmers, office administrators.
7. From the Resource Library of Orangescrum | #1 Task Management Software
Non-labor costs include everything not directly related to salary or contractor costs. Some of these, such
as training and team-building costs are employee-related, but they are not regarded as labor costs as
they do not relate directly to employee salary or contractor costs.
Every project manager should be familiar with the accounting rules in his or her own company to ensure
that labor and non-labor costs are allocated correctly.
Project Risk:-
Project risk is an uncertain event that, if it occurs, has an effect on at least one project objective. There
are no risk-free projects because there are an infinite number of events that can have a negative effect
on the project. Risk management is not about eliminating risk but about identifying, assessing, and
managing risk. We will talk more about it in the Risk management module.
In the next article, we are going to see how to kick start projects effectively and set them for success!