Project Management consists of three essential objectives: Managing the budget, …show more content…
The decision process is the planned process that occurs after the decisions have been made. The decision maker is the individual who engages in the making of the decisions. According to Jim Johnson of Standish Group International, the top ten reasons of a project’s success; User Involvement, Executive management support, Clear business objectives, Optimizing scope, Agile Process, Project manager expertise, Financial Management, Skilled resources, Formal methodology, and Standard tools and infrastructure (qtd. in Baude and Powell 6). There are a couple of these key points that stand out to me. They are Optimizing scope, Project manager expertise, Financial management, and Standard tool and infrastructure. Bonnie states, “The best project managers know how to balance stakeholder communications with preventing scope creep, watch out for risk, and clarify roles, responsibilities, and priorities within their teams” (1). Communicating with sponsors and stakeholders may smooth out any wrinkles in a project. They are capable of distributing their resources or knowledge and it allows them to deliver the project’s progress which is crucial to the business or