What is the conceptual phase? This phase is established and the management approach is always formulated. Goals are identified and well established, and resources are estimated and key personnel are appointed.
Basics of Project Management
What are the different phases of life cycle of a project?
What are the different phases of life cycle of a project? A product grows through many phases in its life cycle, starting from an idea, progressing through production or construction and thus passing on to sales and distribution and through to after-sales logistic support. A project may pass through the following stages: Idea Research Design [...]
Basics of Project Management
What is Project phase?
What is Project phase? Project phase is a cluster of logically related project activities that usually culminates in the completion of major deliverable, that is, able, tangible, verifiable outcome, result or item that should be produced to complete a project or part of a project.
Basics of Project Management
What is meant by Project Life Cycle of a project?
What is meant by Project Life Cycle of a project? Project life cycle of a project is a group of sequential project phases, that’s name and number, are determined by the control needs of the organization and those organizations involved in the project.
Basics of Project Management
What are Project Management processes?
What are Project Management processes? The following are the project management processes and each group consists of many processes under each category: Planning: Core process planning Scope, definition and planning Activity definition, sequencing and duration estimating Schedule development Risk management planning Resource planning Cost estimating and budgeting Product development Facilitating process planning Quality, organizational, communication [...]
Basics of Project Management
What are Project Management Process-groups?
What are Project Management Process-groups? Initiating processes authorize the project or the phase. Planning processes define or refine objectives and select the best alternative to achieve the desired objective. Executing processes coordinate people and other resources to carry out plan. Controlling processes control, monitor activities, measure performance, take corrective action and ensure objectives are met. [...]
Basics of Project Management
What are Project Processes?
What are Project Processes? The classification mentioned below gives a clear picture of the dynamics and nature of project management. Project management processes group describes organizes and completes the project work. Product oriented processes specifies and creates the output or product of the project and they are defined in terms of phases of life cycle [...]
Basics of Project Management
What are Project Management Activities?
What are Project Management Activities? In terms of major management functions the process will be viewed as follows. Effective project management has more activities or “work packages” under each of these heads: 1. Planning: Deciding project objectives, goals and strategies Planning project work-break-down structure. Developing procedure diagrams and time schedules. Plan resource support 2. Organizing: [...]
Basics of Project Management
What are the characteristics of Project Management?
What are the characteristics of Project Management? The following are the characteristics of project management: Projects are ad-hoc endeavors that have a defined life cycle. Projects are building blocks in its design and execution of enterprise strategies. Projects are the leading edge of new and improving organizational products, service and enterprise process. It provides a [...]
Basics of Project Management
Explain Team or what do you mean by the term “Team”?
Explain Team or what do you mean by the term “Team”? Mostly modern organizations use alternative project teams to complement an existing organizational design. An outstanding feature of the team design is the departure from the traditional form of management in favor of a team form, in which there are multiple authority, responsibility and accountability [...]