Chapter 11: Project Management Flashcards
Key factors in managing a successful project
P - Planning R - Risk Analysis O - Objectives J - Judging Development E - Effective communication between all parties C - Conflict managed positively T - Thorough Test Analysis
C - Critical Path Analysis R - Relationship with supplier stable but challenging A - Appropriate Pacing M - Milestones reviews scheduled P - Performance and Quality Standards S - Supportive Environment
7 policies contained in the written strategy
FINANCING policy LEGAL policy IT policy RISK MANAGEMENT policy TECHNICAL policy COMMUNICATIONS policy CONFLICTS OF INTEREST policy
Project owner / sponsor
Ultimate owner of the project.
- Responsible for the SCHEDULING, ie ensuring that the key MILESTONES have been reached at the agreed times and that CRITICAL QUESTIONS are raised at these points.
- in charge of the DESIGN and BUILD of the project
- should be able to ESTABLISH DIRECTION
- decides on ACTION
- organises resources
- MOTIVATES the team
Good communication in project managemen is particularly important between
- designers and builders
- specifiers and implementers
- project owners and project managers
Meaning of “clear definition”
Need to develop the project definition in a
- timely,
- cost-effective manner,
- with minimal changes occurring later in the project.
This will enable the real needs of the project customer to be met.
The tools for planning, monitoring and reporting on the progress of a project should:… (3)
- be USER FRIENDLY
- allow technical, financial and other ISSUES to be TRACKED
- enable final OUTCOMES to be PREDICTED RELIABLY
Written strategy for the project sets out… (4)
- AIMS of the project
- ISSUES necessary for the implementation of the project
- areas of RISK that could affect the viability of the project
- ALTERNATIVE STRATEGIES for dealing with the areas of risk
Contents of the Written Strategy Document
P - Policy R - Roles and Responsibility O - Objectives S - Schedule E - Expected Costs
Communications policy
Sets out:
- by what means
- how frequently people will communicate,
e.g. development staff, users, project management team, senior management.
Roles and Responsibilities outlined in written strategy document
Sets out responsibilities of:
- project sponsor
- 3rd parties and consultants
Objectives outlined in written strategy document (3)
- Financial and economic objectives
- How to meet well defined objectives
- Quality Standards
Schedule as outlined in written strategy document
- Key milestones
- Structured breakdown of what needs to be done