Chapter 11: Project Management Flashcards
Features of a well-run project
- clear AIM reflecting the needs of the customer
- thorough planning and full analysis of the risks involved
- a schedule of milestones should be produced, and progress against these milestones monitored
- the project should move along at an appropriate pace
- critical paths should be managed
- the success of the project should be measured against performance and quality standards
- thorough testing should take place at all stages
- excellent communication between those involved, with the team working in a supporting way
- relationship with external suppliers should be stable but challenging.
- if conflicts arise, they should be dealt with positively to act as a source of ideas and as a tool for development
Who would be in a project team?
- Project owner / sponsor
- Project manager
Other people involved in:
- designing
- building
- specifying
- implementing the project
The end users of the project should also be involved from the start.
What roles should the members of the team play:
Project owner
Should concentrate on the agreed milestone review points ensuring that they are properly scheduled and that the project is fully reviewed each time a milestone is met.
The project owner should make sure that critical questions are asked at these points.
What roles should the members of the team play:
Project manager
More hands-on.
Must be a strong, experienced individual.
Able to - establish direction, - decide on action, - organise resources - and motivate the project team.
What does the written strategy document contain (at a high level)?
At a high level:
- sets out the aims of the project
- any implementation issues
- the risks involved
- ways of managing the risks
What does the written strategy document contain (at a detailed level)?
sections on
- what the OBJECTIVES are (including economic)
- – how these objectives will be met
- – acceptable quality standards against which to assess the objectives
- ROLES of the parties involved (project sponsor & 3rd parties)
- a BREAKDOWN of the work to be completed
- MILESTONE REVIEW points
- EXPECTED COST of the project
- need for INSURANCE or reinsurance
- VARIOUS POLICIES.
Various policies contained in the written strategy document
- financing policy
- legal policy
- technical policy
- communications policy
- risk management policy
- IT policy
- policy dealing with conflicts of interest