Project Planning The Third Phase Of Project Management

Project definition and planning: Project planning is the second stage of the management phase and is an important part of good management practices. The planning includes defining tasks, writing documents and allocating jobs to project members. The documentation planning includes creating descriptions of required tasks and then submitting papers which outlines the job. The author Esposito (2015), suggests that, â€Å"Documents that are created during this time may include the: SCOPE Statement, a Communications Plan, a Work break down schedule, and Gantt Charts†, (p. 3, para. 3). Types of information that the documents should identify are the: budgeting costs, reasonable time tables, a base line for quality performance measures, and a list of†¦show more content†¦The author Esposito, (2015), concludes that, â€Å"ending a project has several tasks which involves finalizing the project report, creating a lessons learned list, collecting and filing documents, and hol ding end of project meetings†, ( p. 4, para. 2). The end of project meetings can be used for lessons learned and a tasks accomplished review. Management involves more than just following policies and procedures, it requires the insight of leaders to plan and co-ordinate activities and resources to accomplish goals. Project managers should be able to multitask and delegate with staff to move a project to completion. No matter how carefully a plan is laid out, there will always be issues which managers will need to resolve. Elements of a project The management of a project requires a large amount of multitasking and concept building, while other aspects such as material distribution utilize physical components. There is no one part of a project that is the most important over another, each phase relies on the other in order to complete a job. In the article, Project Management 101: The Elements of Project Management Explained, the author Reh, John (2016), â€Å"lists important components of a project that are utilized throughout the project life cycle, these include: money, resources, equipment, materials and time†, (p. 1, para. 1). TheseShow MoreRelatedProject Risk Management - Fluidity in Risk Planning Case Study1098 Words   |  5 PagesRisk Paper 2 Project Risk Management- Professor Hurst Fluidity in Risk Planning – A Case Study One of the most important steps within a project is risk management because it plans for and responds to risks that impact the overall project deliverables including budget and timeframe. Risk management is used to mitigate risk in ways that align with each individual risk and its potential impact. During the risk management process risks are identified and defined and a plan to control, monitor andRead MoreProject Execution1035 Words   |  5 PagesIntroduction The project execution phase of the Project Management Lifecycle is exactly where the work gets done. This is the third phase of the project management life cycle, after Initiation and planning phase project enter into execution phase. In this phase literally project get start to build. Whether it is the building house of a project, changing a process project, or anything kind of project in between, where we can say that the work has begun. Figure 1: Project Management Execution Phase Source:Read MoreProject Management Recommendation For Company s Future Growth1450 Words   |  6 Pages Project Management Recommendation Your name OPS/571 Aug 19, 2013 Faculty Project Management Recommendation Dear Mr. Gritsch, Thank you very much for your confidence in our expertise and competency to analyze newly proposed project for company’s future growth to capture more market share in our specialties. As mentioned in your email note, â€Å"the first project Juniper is an enhancement of a current widget being offered by the company, the second project Palomino is a new line of widget productsRead MoreMgt/437 Project Management993 Words   |  4 PagesProject Management Paper University of Phoenix MGT/437 - Project Management Facilitator: Derrick J. Walters July 19, 2010 Abstract In this paper, I, a student of University of Phoenix will explain and discuss project management. I will address three main points. I will first answer what is a project. Secondly, I will discuss what are the basic phases of the project lifecycle and their purpose. Finally, I will explain why it s important for organizations to use project managementRead MoreEvaluation Of A Project Management Organization1573 Words   |  7 Pagescenter piece of attention and every project or product needs to be properly evaluated before simulated in the real time environment (Cunico and Vecchietti 2015). There are number of different tools, techniques and approaches which can be utilized for assessment of any product, project or services (Pienaar and Vogt 2012). However, in the project management organisation or any organisation which are executing similar tasks or activities related to the project management (PM) need to verify or evaluateRead MoreProject management Essay963 Words   |  4 PagesProject Management Recommendation Cali Hadafow OPS/571 May 12, 2014 Project Management Recommendation Piper Industries Corporation Project Management Recommendation Dear Project Manager, In response it is to your previous E-mail with the attention of the projects of Juniper, Palomino and Stargazer. The team is found and analyzed the three projects, assessed the risk that each project contains as well as returns on investment (ROI). There are many aspects one should thinkRead MoreStages Of The Software Development Life Cycle1218 Words   |  5 Pagesrequirements are a part of these four phases and used for the system’s development. In the design phase, the requirements are used by the IT staff to form the exact specifications and details on how the system is to be designed. This phase includes the formulation of the document called the system design document as noted by Cadle (2014). During the build phase, the requirements are used by the IT technical staff to construct the system. The goal of this phase to create an operational system thatRead MoreBook Review The Principles Of Scientific Management1364 Words   |  6 PagesAssignment: The Principles of Scientific Management Submitted by: Alex Shuler Submitted to: Professor Rick Rantilla Date: June 5, 2013 The Principals of Scientific Management The Principles of Scientific Management is an academic essay written by Frederick Winslow Taylor in 1911. Frederick Winslow Taylor was an American mechanical engineer who sought to improve industrial efficiency and is regarded as the father of scientific management. His approach is also often referred to, asRead MoreEssay on Project Life cycle1262 Words   |  6 Pagesï » ¿Project management plays an important role in achieving a successful project as it manage the project according the schedule and budget. According to Schwalbe (2011), project life cycle defined as a collection of project phases, development, implementation and close-out. There are five important steps in developing project life cycle namely defining project goal, planning project, executing project, closing project and lastly, evaluating the project (refer to Figure 1 in Appendix). Firstly, projectRead MoreProject Management Is The Application Of Tools, Skills, Techniques, And Knowledge1690 Words   |  7 PagesAccording to Project Management Institute, project management is the application of tools, skills, techniques, and knowledge to successfully run project activities and subsequently meet the project goal and the required result (PMI, n.d.). Project management has informally been in practice in a business world for centuries and our ancestors have been utilizing this philosophy in doing business and/or commencing on plans and ventures for a very long time. But, project management, formally, emerged