There are numerous organizations that have raised up their name in their own domains by giving the best consistency in delivering the projects. However, there is a vast array of organizations holding different level of reputation amongst clients in terms of work effectiveness.
An efficient way of handling the projects increases the brand value of the enterprise and makes it top the charts in its genre. But, having good Project Management skills doesn’t mean that there are no chances of risks or surprises. A good Project Management is dependent on the effective implementation of the phases involved to reach the success destination.
5 Phases of Project Management
A project can be directed and checked with the help of 5 phase process while working on an assignment:
[*]Project initiation and decision making: The plan of a project is identified carefully and examined, if it will be beneficial for the organization or not. The decision making members study the aspects and decide, if the project can be completed in reality.
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[*]Project definition and strategy: A project strategy can be put down in writing, as it assists in providing a better outline of a project. Under this phase, a team needs to set the priorities of the project, evaluates the budget and schedule, along with finding out the resources that will be needed.
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[*]Project execution: The resources are distributed among the team members and respective persons are informed about the responsibility. This phase is important to bring up the important information related to the project.
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[*]Project control and performance: The Project heads check the status of the and study the progression toward completion. It is dependent upon the work completed from the resources. In addition to this, it also aims at adjusting the schedules or make the necessary changes that may lead to the successful completion of the project.
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[*]Project finalization: Once, all the tasks get completed and clients approve the final result, an assessment is done to highlight the success of a project, along with the lessons learnt during other phases.
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However, these processes may vary from business to business, depending upon the needs of the project and the business. But, the skills needed to handle them seem unchangeable and these can be grasped by an efficient Project Manager. The ones who are willing to establish the career in this domain can opt for a formal training and chose from a wide range of courses that avail the Project Management skills.
PRINCE2®, is ones such outstanding course that imbibes the knowledge of the required skills, especially to those who are new into this domain. The PRINCE2(R) online training course helps to understand the concepts and further attempt for the certification to validate these skills.
An efficient way of handling the projects increases the brand value of the enterprise and makes it top the charts in its genre. But, having good Project Management skills doesn’t mean that there are no chances of risks or surprises. A good Project Management is dependent on the effective implementation of the phases involved to reach the success destination.
5 Phases of Project Management
A project can be directed and checked with the help of 5 phase process while working on an assignment:
[*]Project initiation and decision making: The plan of a project is identified carefully and examined, if it will be beneficial for the organization or not. The decision making members study the aspects and decide, if the project can be completed in reality.
[/list]
[*]Project definition and strategy: A project strategy can be put down in writing, as it assists in providing a better outline of a project. Under this phase, a team needs to set the priorities of the project, evaluates the budget and schedule, along with finding out the resources that will be needed.
[/list]
[*]Project execution: The resources are distributed among the team members and respective persons are informed about the responsibility. This phase is important to bring up the important information related to the project.
[/list]
[*]Project control and performance: The Project heads check the status of the and study the progression toward completion. It is dependent upon the work completed from the resources. In addition to this, it also aims at adjusting the schedules or make the necessary changes that may lead to the successful completion of the project.
[/list]
[*]Project finalization: Once, all the tasks get completed and clients approve the final result, an assessment is done to highlight the success of a project, along with the lessons learnt during other phases.
[/list]
However, these processes may vary from business to business, depending upon the needs of the project and the business. But, the skills needed to handle them seem unchangeable and these can be grasped by an efficient Project Manager. The ones who are willing to establish the career in this domain can opt for a formal training and chose from a wide range of courses that avail the Project Management skills.
PRINCE2®, is ones such outstanding course that imbibes the knowledge of the required skills, especially to those who are new into this domain. The PRINCE2(R) online training course helps to understand the concepts and further attempt for the certification to validate these skills.