Principles of Project Management
Overview
Project Management is a key skill for managers and leaders in the modern organizations and business world. Project is part and parcel of any organization strategic plan requirements. Project defines step-up advancement initiatives. Hence, Project Management has become standard competitiveness tool as it guides to set clear project scope, objectives, tasks, quality, risks and team to ensure successful completion and set the organization apart from others to successfully manage organization to stay ahead and competitive.
Objective
- Accurate determination of project scope and objectives that will satisfy the requirements of stakeholders.
- Accurate determination of project tasks, milestones, deliverables, duration, sequence and schedule.
- Accurate determination of project resources, cost and return through accurate procurement and contract management good practices.
- Accurate selection and management of project leaders, team and responsibilities, including managing project team commitment.
- Effective project execution and control, including managing changes.
- Effective updating and reporting, including project closure acceptance.