Sarah Neudorf October 28, 2020 Project Management
The business requirements state what is required but do not specify how the deliverable will actually work. So in many projects with a tangible and technically sophisticated deliverable, it is very common to produce additional documentation about the look and feel of the end product. The functional specification describes not only how the end product will look but also how an end-user will actually use it and what the user-experience will be like. This document should contain sections that specifically relate to each of the requirements in the business requirements document so that every functional item can be tracked back to an original business need.
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.
Project Managers are all too familiar with the project triangle. We know we can shorten a schedule by either (a) reducing the scope of the project, or (b) adding more resources to it. Unfortunately, management either has not seen that triangle or, more likely than not, simply chooses to ignore it. Consequently, Project Manglers who are more interested in pleasing upper management than keeping honest have come up with their own universal algorithm for shortening project schedules. Take the number of days that need to be cut from the schedule, divide it by the number of major milestones, and then deduct that number from the duration of each milestone. In other words, if a project comprising of 4 major milestones is estimated to last 6 months, but you need to reduce it by one month, you`d take 20 days, and divide it by 4. Take the answer (5), and deduct it from the duration of each milestone. And voila! Works every time.
Project handling is one of the biggest responsibilities in any business today. Most managers try to keep themselves organized but with high workloads there are chances you could get messed up. Businesses have found a solution to this problem in the form of business management templates. Project management templates keep a check on every single detail of your project making sure you do nott miss out on anything. This allows you to prepare for your project in an intelligent, advanced and organized manner. There are number of ebooks and softwares which contain a wide variety of these templates online. You could order them at very affordable rates. This would ensure you improve your management skills as well as project handling skills.
All projects have control points and required deadlines, where progress is monitored and measured. In the event that a deadline is missed then the overall impact on project completion time can be assessed, and if necessary new timetables drawn up, re-negotiated and agreed. Action Plans are lists of tasks/individual actions that are carried out to achieve a single and objective or outcome - in this case, the specific project. Action Plans focus on the achievement of a single goal, the action may then be translated in to a to-do list/diary cum calendar which cover many goals.
The project schedule is the central part of the project plan and it is used to connect the tasks to be done with the resources that will accomplish them. It consists of a list of deliverables with intended start and finish dates. Deliverables are the lowest level elements in a schedule, which are not further subdivided.