What is "Project Management"?
The
well-established Project Management Body of Knowledge
(PMBOK), as maintained by the
Project Management Institute, defines a
project as "a temporary endeavor undertaken to create a unique product,
service, or result" (PMBOK, Third Edition, page 5). In discussing the
art of project management itself, several main components are identified:
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Identifying requirements |
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Establishing clear and achievable
objectives |
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Satisfying quality, scope, time
and cost requirements |
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Adapting to stakeholder
expectations |
The PMBOK further
divides a project into five major phases or "core processes":
- Initiating.
A project must initially be defined, authorised, and
funded. Staff must be assigned, and initial objectives must be
delineated.
- Planning.
The individual subtasks must be identified, and
objectives clarified. The overall project scope must be agreed to
by all stakeholders.
- Executing.
This is the phase in which the project objectives are
implemented. All project subtasks must be executed according to
the project plan, and all deliverables must be completed as agreed.
- Monitoring and Controlling.
This process spans the entire length of the process.
The project progress must be tracked and reported to management, and
corrective action taken where necessary.
- Closing.
Once all tasks are
completed, the project must be brought to an orderly close. This
may include completing final documentation, decommissioning or
repurposing project equipment, and reassigning project staff.
Quests project management staff
is
fully trained to understand this model, and to deliver projects that meet or exceed
expectations in all categories. This means that your company can expect a project with the
following characteristics:
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Satisfies customer expectations
in all regards |
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Delivered in the promised timeframe |
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Meets capital and
operational budget
constraints |
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Achieves all stated functional requirements |
It is precisely this complexity that makes good project management such
a lofty goal. And of course, to achieve success on such a broad scale requires a high
level of interaction with you, the client which further assures that Quest delivers
exactly what your company wants, needs, and expects.
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