Principles of Project Management
Table of Contents
The principles of project management2
Viability of Project's Success/Failure Criteria4
Additional standard for the project's success/failure6 Calvert Social Index success/failure criteria7
Principles behind project management systems and procedures7
Human and material resources to achieve successful projects8
Information Security Audit System and Procedures 9
Key elements involved in terminating projects and conducting post-project appraisals 9 key elements involved in terminating projects 10 Situations where a terminated project can still be considered again10
References11
Investigate Project Management principles
A. Discuss the principles of project management (1.1)
1. The Commitment Principle
An equitable commitment between the project sponsor and the project delivery team must exist before a possible project exists.
The Project Sponsor is considered to be the Project Owner who provides resources such as funds, services and general direction. The project delivery team is the one in charge for appropriate techniques, plans and controls for using the skills needed and work to convert those resources into the required deliverables or product. Dealing with a Sponsor is a matter of developing a trust and understanding between the Sponsor and the team. Project sponsors should set clear boundaries for cost and time, with which the manager should work. If he/she cannot provide the agreed deliverables within these constraints, concerns must be escalated to the sponsor for a decision.
Defined roles and responsibilities: A project team in which ALL people understand their responsibilities and sincerely believe they can achieve them. Each person must know how they can contribute to project objectives. Project stakeholders must have a clear understanding of their roles and responsibilities, to be able know exactly what he or she is supposed to be doing. Project environment is of critical importance and requires
The principles of project management2
Viability of Project's Success/Failure Criteria4
Additional standard for the project's success/failure6 Calvert Social Index success/failure criteria7
Principles behind project management systems and procedures7
Human and material resources to achieve successful projects8
Information Security Audit System and Procedures 9
Key elements involved in terminating projects and conducting post-project appraisals 9 key elements involved in terminating projects 10 Situations where a terminated project can still be considered again10
References11
Investigate Project Management principles
A. Discuss the principles of project management (1.1)
1. The Commitment Principle
An equitable commitment between the project sponsor and the project delivery team must exist before a possible project exists.
The Project Sponsor is considered to be the Project Owner who provides resources such as funds, services and general direction. The project delivery team is the one in charge for appropriate techniques, plans and controls for using the skills needed and work to convert those resources into the required deliverables or product. Dealing with a Sponsor is a matter of developing a trust and understanding between the Sponsor and the team. Project sponsors should set clear boundaries for cost and time, with which the manager should work. If he/she cannot provide the agreed deliverables within these constraints, concerns must be escalated to the sponsor for a decision.
Defined roles and responsibilities: A project team in which ALL people understand their responsibilities and sincerely believe they can achieve them. Each person must know how they can contribute to project objectives. Project stakeholders must have a clear understanding of their roles and responsibilities, to be able know exactly what he or she is supposed to be doing. Project environment is of critical importance and requires