Wednesday, June 4th, 2008
What's the fuss about project management
Project management is a complex job that has to do with four constant variables: cost, timing, time and producing a satisfactory result. A bit more ambitious objective is to enchance work processes and resource allocation. Look at any project and you will see that it employes labour, finance and equipment to give needed results. To work with projects effectively one should work on several things. You can see a few of these factors in the list below:
- Task setting and assessing progress.
- Managing risk. The majority of projects have a this or that degree of risk.
- Allocating people and machinery for the project.
- Defining the results of the project.
- Controlling what is happening: assigning tasks, supervising the work-in-progress.
- Making sure that the outcomes of the tasks are up to standard.
- Managing changes. Change is constant. When you start out on the project, you have to anticipate how it will develop with time.
- Communicating with project stakeholders.
To handle these issues you can employ pencil and paper or probably a spreadsheet program. But you get quite a few pluses if you decide to use project tracking software:
- Task are easier to assign to dates and times. (more…)