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Project Management

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Project Management
Project Management:
Project management
Project management is the discipline of planning, organizing, motivating, and controlling resources to achieve specific goals. A project is a temporary endeavor with a defined beginning and end (usually time-constrained, and often constrained by funding or deliverables) undertaken to meet unique goals and objectives, typically to bring about beneficial change or added value.
The primary challenge of project management is to achieve all of the project goals and objectives while honoring the preconceived constraints. The primary constraints are scope, time, quality and budget. The secondary —and more ambitious— challenge is to optimize the allocation of necessary inputs and integrate them to meet pre-defined objectives.

Initiating
The initiating processes determine the nature and scope of the project.
The initiating stage should include a plan that encompasses the following areas: * analyzing the business needs/requirements in measurable goals * reviewing of the current operations * financial analysis of the costs and benefits including a budget * stakeholder analysis, including users, and support personnel for the project * project charter including costs, tasks, deliverables, and schedule

Planning and design The main purpose is to plan time, cost and resources adequately to estimate the work needed and to effectively manage risk during project execution.
Project planning generally consists of * determining how to plan (e.g. by level of detail or rolling wave); * developing the scope statement * selecting the planning team; * identifying deliverables and creating the work breakdown structure; * identifying the activities needed to complete those deliverables and networking the activities in their logical sequence; * estimating the resource requirements for the activities; * estimating time and cost for activities; * developing the schedule; * developing the

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