eg: UK or Brides UK or Classical Art or Buy Music or Spirituality
 
eg: UK or Brides UK or Classical Art or Buy Music or Spirituality
 

Your Online Guide » A Guide to Business » Stress Management In The

[W516]What Is Project Management
by Luckydutta, Luc
Project management is the process of organizing, managing and planning the resources of an organization for successfully accomplishing specific project objectives and goals in a business organization. Any kind of project in any business has a definite start and a definite completion date. Project management is a planned activity and should follow certain procedures.

The primary objective of project management is to attain all the project objectives and goals by adhering to quality, budget, scope and time. Project management is the responsibility of an individual project manager. With the launch of project management software, managing business issues have become all the more efficient as well as quick.

What Is Project Management Software?

Project managing software assists in the application of skills, knowledge, techniques and tools to control and plan the costs, schedules and resources. For more details go to www.positive-idea.com .By using the project management software, it facilitates in meeting the requirements and complexity of the specific projects. It incorporates integrated functions such as charts, calendars, budgets, tracking of people and generating reports in addition to scheduling.

Project management software further includes several kinds of activities, They are:

* Design and analysis of events and objectives.
* Planning the project and its workflow according to goals.
* Controlling and assembling risk/risk management.
* Estimating resources.
* Organizing the entire work.
* Allocation of the resources.
* Assigning tasks.
* Acquiring material and human resources.
* Directing activities.
* Controlling the projects execution.

Activities Or Tasks Of The Project Management Software May Include:

One of the most important tasks of the software is to schedule the series of the events. In this regard, the project managing software assists in various ways. They are:

1. Managing the events that depend on each other in various manner or dependencies.
2. Resource scheduling including (people, material, space, energy, motivation, provisions, communication)
3. Dealing with the uncertainties within the estimates of the length of every task.
4. Arranging the tasks in order to meet different deadlines.
5. Juggling the multiple projects simultaneously in order to meet assortment of requirements.

There are various project management software tools available, which are designed for various levels of complexities of the project - from two or three people development to the massive company wide changes. The project management software can be easily implemented as web application, as a program that runs on your desktop, as personal project management application, single user system, collaborative system and as an integrated system.

The project management software also may include many other functions including reporting and tracking the progress. They are analyzing the results and the outcomes, defining the project's products, issues solving in addition to issues management. Quality management software and managing, controlling and identifying the changes are few other aspects that are covered under the project management software.

With the project management software, it is simple to collaborate with the employees, assign tasks, manage the project team, complete the milestones, analyze the risks and make your dream project a success.

Many people have used the term 'Project Management' without a real appreciation of what Project Management actually is. If you read the textbooks they will talk about projects as having a beginning, a middle and an end, which is the essential and obvious difference from normal business operations. Text books also talk about uniqueness, a timescale, using resources and carrying a budget. They may also talk about risk, issue and change management. But what does all this mean in practical terms?

Project management is essentially four phases - initiation, planning, execution and closure. 1)An Initiation/Start which is the stage where you decide you need a project 2)Planning is the stage where you plan the project and map out what is going to happen when 3)Execution is the stage where you implement the project and things start moving and 4)Closure is the stage where you decide the project is completed (and you pay the supplier).

These four phases are called a project lifecycle. This all sounds very complicated and business-like, so let me explain what it means in real terms.

If you need to replace your kitchen you may need the agreement of your partner. Assuming your partner agrees then congratulations, you have just initiated a project (and achieved the buyin of a key stakeholder!)

Next stage is the planning stage where you will probably first decide your budget. Then chances are you will want to decide what kind of units you want so you may go to a kitchen supplier to provide the whole lot, or you may go to individual suppliers for the units, cooker, fridge, electrics, plastering, tiling etc. A schedule and price should be agreed which should be checked against your budget - and sometimes this will need a replan. The order that you want your suppliers to come onsite must also be decided - you will want the electrician to come before the plasterer. This stage will probably take the most time (it's all in the planning!)

Next you will enter the execution stage - which is where all your suppliers will perform their part of the project at the specified time to the specified budget (!and your kitchen is complete.

And finally, you will want to close the project. You need to make sure all suppliers deliver to their scope, quality and budget and bring it together in an overall cost model...... simple, eh?

Whether you are aware of it or not, you have project managed the installation of your new kitchen and in doing so you have invoked some simple project management processes - the obvious ones are planning, budgeting, supplier management, but you may have also unconsciously invoked others. For instance you may have done some risk management (say if the kitchen is not completed on time), communications or stakeholder management (who needs to know that the kitchen is out of action and when will it be completed?), contracts management (agreeing the size and scope and payment terms of the work to be performed ), change management (what happens if you change your mind, or you are forced to change your mind by unforeseen circumstances). Wittingly or not, you will most likely have invoked some or all (or more) of these processes and more in the management of your fairly simple kitchen installation project.

But what if the project was a house, or a supermarket, or a factory? These would be far more complicated to implement. There will be more suppliers involved, more money at stake, a greater likelihood that things could go wrong and therefore greater risk. There are likely to be more stakeholders, more lines of communication. A project management methodology will manage processes, schedules, documentation in order to achieve the final goal. Standard processes and methodologies will ensure consistency.

And this is what a Project Manager does, and is where Project Management Methodologies and Tools come in. A good Project Methodology will provide all the tools, all the processes so that you can document and manage your project, whatever its size and scope. If you work for a medium or large company chances are it uses a project methodology to standardise the process. There are processes and methodologies available on the internet to download and implement straight away.
Article Source : Stress Management In The

About Author
Both Luckydutta & Andrew Thompson are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Luckydutta has sinced written about articles on various topics from Family, Scooter and Management. . Luckydutta's top article generates over 22200 views. to your Favourites.

Andrew Thompson has sinced written about articles on various topics from Culture and Society, Social Issues and Work From Home. Andrew Thompson is an accredited Project Manager in the IT industry and has transferred his industry knowledge into a website -
EditorialToday A Guide to Business has 8 sub sections. Such as Small Business, Online Business, Franchise Business Opportunities, How to Make Money , Home Business, Management, Office Supplies and Grants. With over 20,000 authors and writers, we are a well known online resource and editorial services site in United Kingdom, Canada & America . Here, we cover all the major topics from self help guide to A Guide to Business, Guide to Finance, Ideas for Marketing, Legal Guide, Lettre De Motivation, Guide to Insurance, Guide to Health, Guide to Medical, Military Service, Guide to Women, Pet Guide, Politics and Policy , Guide to Technology, The Travel Guide, Information on Cars, Entertainment Guide, Family Guide to, Hobbies and Interests, Quality Home Improvement, Arts & Humanities and many more.
About Editorial Today | Contact Us | Terms of Use | Submit an Article | Our Authors