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Project Management
In general terms, projects deliver specific Outputs within constraints of time, quality and cost. The project team exists purely for the purpose of generating these outputs, and once they are delivered the team is no longer required, and the project is closed.
The existence of the project is justified by the Business Case for the output it is intended to produce.
A project falls within a specific business category, it may be:
- a stand-alone project
- one in a sequence of related projects in a portfolio
- one of several projects contributing to a programme
The project has a life-cycle that defines the tasks of specifying the product, designing it, developing it, through to its testing and eventual hand-over into production or operational use. The project manager is responsible for managing the project through its lifecycle to the point of delivery of the product.
Project success is measured according to three high-level categories:
- Delivery of the deliverables
- Achievement of the associated benefit
- Customer satisfaction
Benefits of Project Management
- Projects are delivered successfully so you can enjoy the benefit
- Proven planning and agreement will enable you to achieve agreed objectives
- You will have goal clarity and measurement
- Resources remain co-ordinated resulting in improved efficiency of delievery
- Risks are identified and managed
Resulting in
- Time savings
- Cost savings
- Achieving the agreed outcome and the associated benefit
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