Successful projects start with developing quality plans commensurate with the nature and type of project and their application in order to achieve the project objectives. It is necessary to support these plans with the regulatory process which monitor their implementation. Such monitoring of project execution can be defined as the identification of deviations between planned […]
Risk and uncertainty are a potential danger for the failure of the project and the risk can affect productivity, time, quality and cost of the project. For this reason in addition to time, cost and quality management of the project we often must talk about systematic risk management as a necessary element of project management. […]
Within projects objectives result is frequently measured by business or financial results and thus determines the success of the project from the perspective of investors or companies. The success of project management is usually measured by these three factors: Costs, Time, Quality which must be in accordance with what is defined in the project plans. […]
During proces of defining the project scope question: ‘’Who are project’s stakeholders?’’ arises. Stakeholder are any individual or group of people who directly or indirectly affect the project or the project affects them. In the field of project management, perhaps one of the most important factor is the management of stakeholders which can be explained […]
WBS is a diagram of project components in developed and related levels from product to the detail. WBS is necessary for an efficient planning and control. To put it simply, WBS is hierarchical break down of a project into smaller elements which together make total content (scope) of the project. The main task of WBS […]
After project manager has basic concept of a project (purpose, objectives, phase) he’ll begin defining project scope and deliverables. Scope is simply everything included in the project usually scope includes specific objectives of the project, deliverables, tasks, costs and deadlines. Deliverable is consider as a subject (tangible or intangible) produced within the project or as […]
Project-oriented companies are flexible organizations (variable structures) which are using projects to carry out the business processes and achieve strategic goals. As each project has its own purpose and goals it is important to state the difference between the two. Purpose relates to the solution of the problem, realization of ideas or meeting the needs […]
Project manager is a professional who is leading the project with his team in name and on behalf of investors. He is managing director of the project who has authority to manage the project and the greatest responsibility for the project’s success or failure. Emphasis should be placed on the competences of the project manager which include knowledge (stakeholders, risks…) and […]
Project is an endeavor constrained in time and resources aimed to realize precisely defined products compliant with goals. Projects combine organization, work and people. Production combines them also, but the difference is that projects are: temporary (clearly defined start and end), unique (the resulting product have at least some differences from similar products) and performed […]