Quang Regan - Introduction to Project Management

1. Quang Regan - Introduction to Project Management Project management skills are becoming increasingly sought after by managers across all fields of business. Employees are increasingly being called upon, in this competitive business world, to ensure that time spent is productive, realistic and cost effective. Training and knowledge can add value to any worker seeking to develop new skills and talents. Therefore attending high-quality project management training is imperative for anyone whether they want to be a project manager who seeks to go on to advanced training or for those who just want to hone their skill set. Public training courses are very convenient as they can fit in with student's schedules. Essential Training Topics What is a project? Often we can make assumptions about people or situations and it is the same with projects, everyone can have different ideas about what is a project is or is not. This in itself is worth defining and it can vary from company to company depending on the size and scope of the project. There could in fact be more than one project and many different tasks. A good idea is to generally an endeavour with an aim and objectives, consisting of a variety of tasks and deliverables.

2. What is the Purpose of Project Management? Without clear direction a project can waiver or falter. But with clear objectives and management many mistakes can be avoided along the way. Once ground rules are established, projects can benefit from the following advantages; project completion dates are met, project budgets are accurate, project management techniques and processes are consistent and provide value. Moreover, time-management is planned and stakeholders and the project itself are considered important throughout the process. What is the key aspects the role? The manager pushes the project forward from its initial stages through to the final completion. The responsibilities of the manager of the project are numerous and here are some examples; preparing the project plan, risk identification, making sure all the objectives and stages are understandable to all, performance monitoring as well as overseeing communication between the project team. The project manager uses all the project management tools and techniques available to them to carry out these responsibilities. Project management tools can include: project planning templates, charts and software. Identifying Stakeholders One of the roles of the manager is to identify the stakeholders; those that either impact or are affected by the project in some way such as employees, organisations or other companies. There can be positive and negative results from the project's delivery on any stakeholders that have some role or place in the project's timescale or remit. The Lifecycle All parts of the lifecycle are important to the ultimate success of the project deliverable s The different phases of the project are the initiation phase the planning phase, execution and review. When the project has started a plan should be created, as well as plans for the budget, quality, resources, acceptance and communication. After the project has started the enterprise moves forward within its scope. The manager seeks to work on quality, costs, as well as preparing for risks and dealing with issues that crop up along the way. When closure occurs the project should be wound down with the project deliverable s handed over to the end user/s with an acceptable review.

3. Risk Identification & Analysis Risks are an unavoidable part of a project and the project manager must work to prioritise and identify any possible scenarios for the project's duration. This is part of the crucial planning process. Not all risks will have the same impact as others. Although the project manager has the overall responsibility for risks, all of the stakeholders can assist in identifying and dealing with risks in a proactive manner.