Professional Documents
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Definition
Project management techniques describe the ways in gathering information, communicate and completing projects in the most efficient and effective way.
I.
Measurement of each project outcomes relative to the industry average outcomes for projects of that particular type.
Examples:
RAND Corporation is one of the corporations that came out with these metric indices, which outlines all the project management techniques. This corporation has successfully handle the project.
Or come out with my own like some mining companies (RIO Tinto)
Conclusion
A proper project management technique will make it ideal for change initiatives as it will be more structured and should there be any changes, it will be easier and more systematic, which makes it more ideal for changes.
Question 2
Definition Project A project in business and science is a collaborative enterprise, frequently involving research or design, that is carefully planned to achieve a particular aim Function Functions are defined as official ceremony or a formal social occasion
Similarities
Differences
Conclusion
Question 3
Structure of PMBoK
The PMBOK Guide is process-based, meaning it describes work as being accomplished by processes. This approach is consistent with other management standards such as ISO 9000 and the Software Engineering Institute's CMMI. Processes overlap and interact throughout a project or its various phases. Processes are described in terms of:
y y y
Inputs (documents, plans, designs, etc.) Tools and Techniques (mechanisms applied to inputs) Outputs (documents, products, etc.)
The Guide recognizes 42 processes that fall into five basic process groups and nine knowledge areas that are typical of almost all projects.
y
The five process groups are: Initiating Planning Executing Monitoring and Controlling Closing The nine knowledge areas are: Project Integration Management Project Scope Management Project Time Management Project Cost Management Project Quality Management Project Human Resource Management Project Communications Management Project Risk Management Project Procurement Management
1. 2. 3. 4. 5.
y
1. 2. 3. 4. 5. 6. 7. 8. 9.
Each of the nine knowledge areas contains the processes that need to be accomplished within its discipline in order to achieve an effective project management program. Each of these processes also falls into one of the five basic process groups, creating a matrix structure such that every process can be related to one knowledge area and one process group. The PMBOK Guide is meant to offer a general guide to manage most projects most of the time. There are currently two extensions to the PMBOK Guide: the Construction Extension to the PMBOK Guide applies to construction projects, while the Government Extension to the PMBOK Guide applies to government projects.
Structure/definition of PRINCE2
PRojects IN Controlled Environments 2 (PRINCE2) is a structured project management method endorsed by the UK government as the project management standard for public projects. The methodology encompasses the management, control and organisation of a project. PRINCE2 is also used to refer to the training and accreditation of authorised practitioners of the methodology who must undertake accredited qualifications to obtain certification.
2.1 Starting up a project 2.2 Initiating a project 2.3 Directing a project 2.4 Controlling a stage 2.5 Managing stage boundaries 2.6 Managing product delivery 2.7 Closing a project
Question 5
Definition of WBS
A work breakdown structure (WBS) in project management and systems engineering, is a tool used to define and group a project's discrete work elements in a way that helps organize and define the total work scope of the project.[1] A work breakdown structure element may be a product, data, a service, or any combination. A WBS also provides the necessary framework for detailed cost estimating and control along with providing guidance for schedule development and control. Additionally the WBS is a dynamic tool and can be revised and updated as needed by the project manager.[1]
Example of WBS
Definition of scoping
In project management, the term scope has two distinct uses: Project Scope and Product Scope. Project Scope "The work that needs to be accomplished to deliver a product, service, or result with the specified features and functions." [1] Product Scope "The features and functions that characterize a product, service, or result." [2]
Critical discussion
The importance of these two elements prior to network planning and resource planning