Explain the triple constraint and its importance in project management.
http://www.youtube.com/watch?v=NGF-FUykln8
Project Management: Project management is the discipline of planning, organizing, and managing resources to bring about the successful completion of specific project goals and objectives.
- Triple Constraint: A projects vision is to be clear, concise and comprehensible. Time, Cost and Scope. The Importance of the triple constraint to project management is, that all projects are limited by these three constraints.
Describe the two primary diagrams most frequently used in project planning
- Project Charter: Document issued by the project initiator that formally authorises the existence of a project and provides the project manager with the authority to apply organisational resources to project activities.
- Elements:
- Project Scope- defines the work, describes the need, justification, requirements and current boundaries for the project
- Objectives- are quantifiable criteria that must be met for the project to be considered a success.
- Project Constraints- are specific factors that can limit options.
- Assumption- are factors that are considered to be true, real, or certain without proof or demonstration
PROJECT PLAN: is a formal, approved document that manages and controls project execution.
Elements:
1. It should be easy to read
2. Communicated to all key participants
3. Prepared by the team, rather than by the individual project managers
4. Appropriate to project size, complexity and criticality
5. Easy to understand
Identify the three primary areas a project manager must focus on managing to ensure success
THREE PRIMARY AREAS:
Communication
Change
People
http://www.youtube.com/watch?v=bLrnJc2Tz44
Outline two reasons why projects fail and two reasons why projects succeed
Fail | Succeed |
Inability to communicate effectively with employees. | Reduces costs. |
Unable yo respond to change in the business environment. | Concentrate resources on core business |
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