Methodologies, Lifecycle, and Best Practices for Organizational Success.
According to the PMI, a project is a "temporary endeavor undertaken to create a unique product, service, or result."
Every project has a definite beginning and a definite end. It is not an ongoing process like operations.
Projects create something new that has never existed before, driving change.
Strategic alignment drives competitive advantage.
Without a structured approach, organizations face chaos. Effective project management is a strategic asset that ensures resources are used efficiently.
Reduces waste and ensures deadlines are met.
Ensures that project tasks contribute to broad business goals.
The most critical phase. If a project starts on the wrong foundation, it is almost impossible to finish successfully.
The document that formally authorizes the project and outlines objectives.
Identifying anyone affected by the project to manage expectations.
"Does this project make financial sense?"
A comprehensive Project Management Plan is the primary reference.
"Failing to plan is planning to fail." This is usually the most time-consuming phase but creates the roadmap for success.
Dividing total work into smaller, manageable tasks.
Using Gantt charts for timelines and detailed cost estimation.
Where the plans are put into action. The manager shifts from planner to leader and coordinator.
Motivating the team and resolving conflicts dynamically.
Implementing processes to ensure work meets required standards.
Happens simultaneously with execution. The goal is to track progress against the original plan.
Are we on schedule? Are we within budget? Measuring performance.
Uncontrolled changes or continuous growth in a project's scope.
Often neglected, but vital. It involves formally finalizing all activities and handing over the product.
Closing invoices, releasing resources, and delivering to the client.
Documenting what went well and what went wrong for future improvement.
The traditional linear and sequential approach. One phase must be completed before the next begins.
Predictable timelines and budgets.
Rigid. Difficult to change late in the process.
Focuses on iterative progress, customer collaboration, and flexibility. Breaks projects into small cycles called Sprints.
Delivering working portions of the product every 2-4 weeks.
Daily stand-up meetings to discuss progress and obstacles.
Identifying, analyzing, and responding to risk factors. We analyze Probability vs. Impact.
"Proactive, not reactive."
Projects are delivered by people. Soft skills like motivation and conflict resolution are critical.
Of the Job
Poor communication is the leading cause of failure. Managers must define who needs what info, when, and how.
Navigating time zones and cultural differences in virtual environments.
Tailoring the message: High-level for sponsors, detailed for devs.
Leveraging technology to handle complexity. Centralized platforms increase transparency and accountability.
Tracking
Kanban
Scheduling
Comms
Project management is a vital discipline that combines structure with flexibility, and logic with leadership.
English B2 • Project Management