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#Project planning tools notbooks how to#

Each phase of the project is time-boxed and the complete project features are delivered iteratively.

Agile: The Agile project management methodology follows an iterative approach.

This method works great when the requirements are clear.

Waterfall: The Waterfall methodology follows a linear approach to project management - gather detailed requirements, put a plan together, build a solution, test, and deliver it.

Three project management methodologies are popular among teams: However, over years, project management professionals have come up with tried and tested methodologies that can make life simpler. How you execute these four project phases is up to you and your team.

Closure phase: Teams hand over deliverables, analyze project performance and are finally dissolved.

Execution phase: Skilled team members come together to turn the project plan into deliverables.

Also, managers create an estimated timeline required to complete the project.

Planning phase: In this phase, project activities and required resources are identified.

Initiation phase: This starting phase is all about understanding the goals, scope, risks, and priorities of a project.

From start to finish, every project goes through these four phases:

Next, we need to understand the four phases that define a project’s life cycle. What Are The Four Phases Of Project Management? Clients: A project is finally delivered to clients, who, pay for it.Their inputs and feedback are sought to define the project’s deliverables. Stakeholders: Stakeholders are the people that are directly or indirectly affected by the project.Project portfolio manager: Portfolio managers manage projects of one or more clients across the organization.They’re answerable to a client and also the single point of contact between the team and the clients. Project sponsor: Project sponsors (or account managers) are senior managers accountable for the project deliverables.One or more project managers report to a program manager. Program manager: Program managers are responsible for a set of related projects.In addition, they also lead the team members, manage suppliers, and guide the project towards completion. Project manager: Project managers are responsible for planning, tracking, and controlling the project.Suppliers: Suppliers are often external teams who sub-contract part of a project where internal resources or skilled team members are not available.Team members: Team members are skilled persons who are responsible for executing the project and producing the deliverable.Let’s look at the common roles and responsibilities in project management. And, these people need to play a well-defined role. Project Management Roles And ResponsibilitiesĪ project does not happen in isolation. Reduces risks in delivering the project.Ensures that a project stays on schedule.Improves planning by providing realistic work estimates.Creates a roadmap for executing projects and meet business goals.Ensures smooth communication between the project team and clients.Provides leadership and direction to projects.Ensures an alignment between the team and the delivered value.Here are the reasons why project management is important: With so much at stake, following proven project management practices should be a no-brainer. Also, the same report finds that poor project management results in an 11 percent wasted investment. Project managers are responsible for planning and executing a project along with the project team to produce the desired deliverable and meet stakeholder expectations.Īccording to PMI, organizations that do not value project management report 67 percent more projects as failed. Proven project management processes help move a project towards completion.

In addition, a project produces a specific deliverable. Each project has a specific start date and end date. Project management is the process by which a project is planned, tracked, controlled, and reported.

Steps involved in the project management processīefore we look at the steps involved, let’s first understand the basics of project management.

Roles & Responsibilities within the project teams.

#Project planning tools notbooks how to#

In this article, you’ll learn how to plan and manage a project from start to finish. Whether you’re a freelancer, an in-house manager, or someone who’s just stepped into a manager’s role, learning about the basics of project management will help you manage your work better. You don’t have to be a project manager to be “doing” project management.