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Project Management Essay

450 words - 2 pages

* Technicality: The Project Manager must be able to, and be prepared to get their sleeves rolled up and get stuck into technical issues at a detailed level.
* Transactional: Managing the project's work flows and performance. Establishing the project baseline metrics and parameters required to control the project during the implementation stage.
* Control the project: Risk analysis, project effectiveness, contingency plans
* Spend more time hands-on, leading the team and communicating the vision
* Top level objectives of the project and the day to day activity
* Critical Success factor
* Metrics for Success
i. Progress: Actual achieved (facts not opinion) with reference to planned delivery
ii. Cost: Committed costs wrt planned cost
iii. Scope: Level of agreed change. ...view middle of the document...

20-80 Rule:
20% of the time should be spent understanding where the project is and identifying significant deviations from the plan
80% of the time should then be spent leading the team, to resolve issues quickly and focus on delivering the project to its agreed implementation plan as well as exceeding sponsors' ongoing expectations.
* Transformational: Team maintenance, development and motivation. Softer people, relationship and communication skills need to be put to work, seeking to get the best performance from the Project Team.

* Progress - deliverables are being completed within the baselined time scales

* Cost - deliverables are being completed within the baselined cost plan

* Quality - deliverables are being completed to defined expectations, first time

* Performance (Value) - progress is being earned for the expected cost

* Cash flow - net project cash flow is being achieved as the defined expectations

* SHE - the required Safety, Health & Environmental standards are being achieved

* Regulatory - all required statutory and regulatory conditions are being met

* Reporting - regular and timely reporting of project progress to the sponsors

* Risk - to proactively manage foreseen project risk, mitigating as necessary

* Change - managing changes to the project without unduly affecting the stated objectives and benefits

* Produce a progress report monthly

* Review the risk register monthly

* Weekly communication meetings with Team Principals

* Review weekly progress reports of Team Principals

* Approval of purchase order requisitions

* Approval of supplier invoices for payment

* Weekly telephone updates to the sponsor

* Induct new Team members into the project

* Market the project internally

* Produce a monthly project newsletter

* Maintain a project blog

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