A Quick Guide To Project Management Essentials

1. A Quick Guide To Project Management Essentials Project management assignments are the training grounds for future management executives. A typical project management assignment helps students realise the scope of real-life projects and challenges them to come up with effective solutions. The extensive and complicated nature of the subject acts as big hurdles for many students and compels them to look for some proper subject guidance. This article offers just that by presenting an overview and highlighting vital aspects of the subject, in a neat & easy to understand manner. Defining Project Management Project management involves the application of specialised knowledge, skill sets, tools and techniques for undertaking activities that enable a project’s successful completion. Project managers accomplish set objectives through the application and integration of five core management process groups, namely:  The Initiating group  The Planning group  The Executing group

2.  The Monitoring & Controlling group and,  The Closing group A project management plan is an iterative process and morphs throughout a project’s life cycle. Plans get progressively elaborated as the development ensues and enables project managers to cope with changing circumstances. Most project management assignments for students require a careful analysis of the given scenario so as to develop the perfect management plan. Project management assignments help students learn how to carry out a detailed overlook of large scale projects and improve planning & organisational skills. As would-be project managers, students have to understand the characteristics & circumstances of a given scenario in their project management assignment. The following section presents a brief overview of the major aspects of a general project management plan. The key aspects of project management Developing an initial developmental framework, by laying down essential work processes, lies at the core of any project management plan. Project management processes interact with each other through their respective outputs. Some process groups overlap while the output of others may act as project deliverables. It is this intricacy that students must be careful about and if need be, seek some professional project management assignment writing help. Five key work process groups ensure an effective flow of the project through very life cycle phase.

3. 1. The Initiating Process Group These processes cover the obtaining & documentation of necessary authorisation for a new project or a new phase of an ongoing project. 2. The Planning Process Group Key to successful project completion, project planning is the heart of any effective management plan. The underlying planning processes help establish the scope of a project, refine the project goals and lays down the course of actions necessary for project completion. 3. The Executing Process Group This process group defines the execution of all necessary activities to achieve the objectives of the project management plan. 4. The Monitoring & Controlling Group The monitoring process group entails processes that track, review and control project progress & performance. These processes help project managers identify any changes or deviations in a project’s phase and take the necessary course of action. 5. The Closing Process Group The final processes that bring about the conclusion of all activities across all the process groups and bring about a formal closure of the whole project. That brings us to the closing phase of this write-up. Here’s hoping it comes in handy for any student looking for some quick reference.

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