Project Management Life Cycles

In contemporary world, the pace of changes is forcing every organization to change and evolve. The process of change management can not be done without the structured approach through the property management guerneville ca management

Project Management is a management routine that is used to plan, organize and control project activities. The project is initiated by executive committee that will initiate the activities. Usually, the executive committee is the top management of the company. The executive committee is assigning the Project Leader. The whole activity is being delegated to the leader, who is responsible for the project, budget, resources, activities and results. The committee approves the plans and monitor the performance. In specific situations the executive committee is changing, prioritizing or terminating projects.

The project management requires establishment of project team with clear roles and responsibilities. Usual structure of team have following positions:

The Executive Sponsor is authorized to represent the Executive Committee on matters related to the Project Management. The Executive Sponsor is accountable to interface with Executive Committee and team.

The Project Leader has the authority to manage and complete the assigned activities and change management. The leader is responsible for the definition of the objectives, tasks, organization of activities, and budgets control. The Leader requests an assignment of people from different functions to form the team. Committee members with the Project Leader to define work, activities, schedules and budgets required to accomplish the project objective.

Project Team members are responsible to execute planned work activities, respective to their filed of expertise. They are responsible to deliver the quality, schedule and budget targets, and to support the overall objectives. They need to serve the team members in a collaborative and supportive manner. Team members shall be authorized by their functional management to make commitments in the design of activities, time and cost estimate.

The composition of the team must be approved by the Executive Committee, based on proposal of Project Leader. The leader forms a team composed of appointees from the respective departments. The team members will be committed through full time or part-time engagement. Once when the team is formed, the project can be initiated.

Leave a Reply

Your email address will not be published. Required fields are marked *