Project Management Components

Goals

• Identify objectives.

• Determine what specific results to achieve by completing the project.

• Setting goals can also help motivate and organize your project team.

• Business goals that support the overall organization, along with financial goals and performance goals to ensure the project follow budget and quality guideline

Scope

• The scope defines the project results, including what the end product look like or how it performs.

Creating the scope may require identifying other project components, such as goals, quality standards, budgets and timelines.

Timeline

• Once the project team defines its scope and goals, it must determine a timeline for completing the project.

• Create deadlines your project team needs to meet.

• As a project manager, hold responsibility for tracking the team's progress throughout the project to ensure it is on schedule.

• Schedule the completion of individual tasks or smaller goals.

• Project management software or create a spreadsheet that details the start and expected end dates for each task.

• Defining timelines and schedules and sharing them with team members and stakeholders helps ensure the completion of tasks.

Budget

• A budget demonstrates the amount of money allotted to the project.

• As a project manager, allocate and track monetary resources.

• Budgets vary but may include how much it costs to complete specific tasks, payments to vendors or employees or the costs of any materials used during the project.

Human resources plan

• To define the project's staffing.

• This plan outlines which employees will serve on a project team

• As a project manager, create this plan and may need to speak to team members and their supervisors to determine their availability.

• Resource requirements, Team acquisition,training, Management

Risk management

• As a project manager, you can create a risk management plan or risk register to identify risks and determine strategies for handling them.

• Team members, project sponsors and stakeholders to develop the risk management plan.

• When identifying risk, the probability of them happening and the impact they could have on project.

• Use these factors to prioritize risks and develop strategies.

Quality standards

• Collaborate with relevant stakeholders or clients to determine the quality standards your team must meet.

• For example, team is building an app for the company; you may set quality standards related to its visual appearance, performance and user accessibility.

• Quality standards ensure that your team understands the work expectations and creates results that satisfy stakeholders' needs.

Project Integration Management

• Project management is a complex discipline that requires holistic approach to ensure successful business outcomes.

• Need for integration, which involves harmonizing various project elements and aligning them towards a common goal.

• Project integration management plays a critical role in orchestrating the multitude of project activities, processes, and stakeholders.

Project integration management is the coordination of all elements of a project.

• This includes coordinating tasks, resources, stakeholders, and any other project elements, in addition to managing conflicts between different aspects of a project, making trade- offs between competing requests, and evaluating resources.

Project integration management Refers to the process of coordinating all aspects of a project, from planning and development to execution and closure, ensuring all elements work together seamlessly to achieve the project goals.

Project plan development & execution

• It represents the specific steps of creating a detailed project plan and then putting it into action to complete the project deliverables.

• A project execution plan (PEP) is a document that describes how to achieve a project's goals, including quality, budget, and timeline. It also outlines how resources will be allocated and delegated.

Change control

• Change control is a process for managing changes to projects or systems. It involves identifying, assessing, and authorizing changes to ensure they are implemented in a controlled way.

• Definition. Change control is the process through which all requests to change the approved baseline of a project, programmed or portfolio are captured, evaluated and then approved, rejected or deferred.

Change Control Board (CCB)

A Change Control Board (CCB) is a group of people who review and decide on changes to a project's scope, schedule, or budget. It's a key part of managing change in a project and is often used in software development

Milan Tomic

Hi. I’m Designer of Blog Magic. I’m CEO/Founder of ThemeXpose. I’m Creative Art Director, Web Designer, UI/UX Designer, Interaction Designer, Industrial Designer, Web Developer, Business Enthusiast, StartUp Enthusiast, Speaker, Writer and Photographer. Inspired to make things looks better.