Kristin Fink October 25, 2020 Project Management
The next phase is the execution phase. Here the project must be monitored and managed. A schedule is derived which includes work breakdown, followed by allocation of tasks to people, allocation of resources and finally setting up deadlines for tasks. It is very important to have both a short-term goal and a long-term goal. While the long term goal is to get the product done, the short goals must be imposed by the project manager, who helps in guiding and motivating the members of the team working on the plan. Two important documents namely the issue log and the risk log which are both maintained by the project manager. The issue log keeps track of issues raised by the stakeholders and the risk log considers the vulnerabilities of a system.
A project in general is divided into many phases depending on the life cycle model used for it. In general, the methodology deals with the genesis of a scheme, controlling it and termination of the plan! Where it all begins! An organization begins on a project, by getting down the objectives of the customer. The requirement gathering report should be as unambiguous as possible. You do not want to give a two-story house when the client had actually asked for two storerooms in the house! Get the deal straight! Then a mandate is provided to the client, which is an official document stating the needs of the customer, for their verification.
Most of us are beyond the point where we believe that successful project management can be accomplished by following a formula or merely using the right system. It is not that the tools are unimportant, or that the systems do not work, because they do. However, the systems and the software only make the job easier; they are not the elements of success.
One of the features of checklists is that they can be designed to extend hierarchically, such that a sub-checklist could be developed to facilitate any or all of the checks above (e.g. a stakeholder analysis checklist or a risk management checklist). The PMI, training firms and PMOs would do well to promote checklists more strongly - project managers like to use checklists; not many want to read through an overweight methodology. And managers like checklists because they improve quality and instill consistency.
Complex projects require sophisticated software and scheduling tools, however simpler and more straightforward projects involving only a few people over a relatively short period of time require a much simpler approach. Usually, a simple project will have a few steps which are dependent on other steps taking place first, and will be relatively straightforward to coordinate. An example might be creating and implementing a marketing plan for a one person business, painting a single room, baking a cake, planning a weekend away for two, building a garden shed etc.
Online tools for projects allow business groups or teams to collaborate, coordinate and track the progress of their projects using a centralized system. Unlike traditional tools, web-based management tools are automated so as to ensure a more productive and efficient management of a project. Managers who want to be sure their project management process is more effective and efficient opt for a system for managing their project. Usually, the size of the project and the budget will often determine the project management tool used by the managers.