What is a project and how do you define a project?
Project management is different from regular management in that it is confined to a specific timeframe and utilises resources for a limited time only.
In order for a project to be successful, it is crucial to make sure the project is clearly defined right at the beginning and to make sure it is practical to implement. A project manager will be identified to run the project. The project manager needs a written brief and a consultation with the project owner and/or the project sponsor to make sure everyone is committed and on the same page. At this stage, a project team is identified and the scope is narrowed down in a project definition. The project definition should include:
- End-result objectives,
- Technical requirements,
- Limitations and
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Once the basic project definition has been captured, one needs to also plan the project in terms of quality, time and cost.
The level of quality the project should meet, should be incorporated into a work breakdown. The project manager will assign quality specifications for each sub-unit in the work breakdown.
In terms of planning the time, the sequence of sub-units should be determined and time limits should be set for each unit. The critical path needs to be determined at this stage.
The next step is to plan the cost. The project manager needs to estimate the cost of each sub-unit and establish a cost estimate. Once this is done, the budget can be drawn up.
You have now successfully defined your project. In the next section, we will look at two case studies to identify where the projects failed or succeeded and why.
Select the correct statement below:
- It is crucial for the project manager to involve the project sponsor to ensure commitment.
- The project sponsor is responsible for budgeting the project.
- The project owner is also the project manager.
- The budget has to be drawn up before choosing a project team.