Project planning

Briefly describe the PMI Project Processes and Knowledge Areas and explain why they are important. Where do you think most failures occur in the five-phase life cycle of a project? 1. Describe the five project processes in correct sequence The first project process is Initiating. Initiating the project involves either starting a completely new project, or a new phase. The project manager and the team must determine the project’s scope. Stakeholders should be identified in this process and…

Six Processes for Risk Management Project management is inclusive of a wide array of responsibilities, not least of these many responsibilities are the tasks which fall under the scope of risk management. Risk management is one of the many complex components of project management. The PMBOK® Guide defines project risk as “an uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives such as scope, schedule, cost, and quality” (p. 310).…

in this process is to form a team which brings a diverse personnel together who are given a stake in the outcome and will work to achieve the same goal. Suggestions in the selection of team members include, seeking those who want to work with the project and lend credibility in their professional role. The Institute for Healthcare Improvement (IHI), recommends finding high profile champions who are familiar with the environment and lend the effort immediate credibility (How-To Guide: Prevent…

to solve some of the top line problems before stretching it. Problem/Demand = Customer desire - Current state 3.2..Implementing Lean Six Sigma The capacity of companies to create, learn and maintain their continuous improvement capabilities is the base for the implementation of more sophisticated approaches like Lean- Six Sigma. In this sense, the Implementation orientation allows us to understand how continuous improvement programmes uses its capabilities in order to apply new tools and…

10. Desirable Scenario 11. Strategic Linkage 12. Sign Post 13. Light Bulb Factor 14. Conclusion 15. References 1. Executive Summary Viettel Telecom (Viettel) was selected as top 100 most valuable mobile Telecoms Brands of the world. The scenario planning is done for the year 2025. The purpose of this case was to manage the future from the…

Project Management: How to Overcome Infamous Failures, Classic Mistakes, and Best Practice’s in IT Projects Jyothi Priya, Alekapatti Nandagopal, MS ITM, UTD. Abstract The article of Ryan Nelson reveals the reasons behind the IT projects failures. Improper project management, poor requirements gathering, over-estimated programming development, under Estimation, inefficient risk management, poor Quality Assurance, and misuse of advanced technology misuse are the major issues for those…

Communication, Metrics, and Project Updates Communication in project management is necessary to ensure that the management team - project managers, functional managers, and in this situation, the PMO - are in sync to clearly identify and communicate the project requirements. The communication metrics is an integral part of the monitoring and controlling process used to communicate updates, to include status of the project milestones and deliverables. The communication process or protocol is…

You can change a WBS by expending strategies, the similarity method, the top-down method, the bottom-up method, and the mind-mapping method. It is tough to create a good WBS because each WBS is unique based on the project and the team. The relationship approach utilizes a comparative WBS (arranged for another venture) as a beginning stage. On the off chance that you are working for a counseling firm that does comparable activities for the same customer, this methodology might be straightforward…

groups that are broken down in project management. Within each process group, value is added from the beginning to the end of the project. It is up to the project leader to make sure every project provides a substantial amount of information that would be instrumental in making the project successful. Groups for each project require initiation, planning, execution, monitoring/controlling, and closing. Many benefits come from the process groups throughout the project. Initiating Process…

Microsoft had a big break in the 1980’s when IBM began to develop the first Personal Computer, also known as a PC. IBM had asked Microsoft to sign a contract with them in order for IBM to gain a workable program for the PC and provide an operating system. Microsoft took the contract and created the world’s leading PC for IBM. After a few other contracts Microsoft bought the PC from IBM and soon out sold their products. Microsoft now had the PC’s and the software to compete and beat all the…