3/25/2023 0 Comments Project planning pro maLeading these projects are Project Professionals-people who either intentionally or by circumstance are asked to ensure that a project team meets its goals. The changing nature of work due to technological advances, globalization and other factors means that, increasingly, work is organized around projects with teams being brought together based on the skills needed for specific tasks. Each project is unique and differs from routine operations-the ongoing activities of an organization-because projects reach a conclusion once the goal is achieved. They have a team, a budget, a schedule and a set of expectations the team needs to meet. All projects have a beginning and an end. Overall, a project is a well-planned endeavor that follows a lifecycle with a definite beginning and end.Īll projects are a temporary effort to create value through a unique product, service or result. Moreover, this cycle allows project managers to plan each task and activity meticulously to ensure the highest chances of success. This process is known as the project management lifecycle, and it is the lifeblood of successful projects. When we break them down more specifically, we see that projects are amalgamations of tasks, activities, and deliverables that must be structured and executed carefully to achieve a desired outcome.īefore an outcome is achieved, each aspect of a project must go through phases of initiation, planning, and execution. Still, this is all very general information concerning what a project is. This applies to everything from developing new software to planning disaster relief efforts. Of course, some projects will be a mixture of both these things. Others require extended timelines to produce outcomes that will not need major improvements outside of projected maintenance-like public highways-for example. Some projects are engineered to quickly resolve problems. Essentially, projects are temporary efforts to create value through unique products, services, and processes. To understand project management, we must look deeper into what constitutes a project.
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