Project management is the discipline of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria.
The primary challenge of project management is to achieve all of the project goals within the given constraints. This information is usually described in project documentation, created at the beginning of the development process. The primary constraints are scope, time, quality and budget. The secondary and more ambitious challenge is to optimize the allocation of necessary inputs and apply them to meet pre-defined objectives.
Highlighted below are few points that can yield positive signs that will indicate quick, exemplary execution of your project.
Project scope management plan – Includes the processes required to ensure that the project includes all the work required, and only the work required, to complete the project successfully. It is primarily concerned with defining and controlling what is and is not included in the project. Stringent adherence to this process ensures the good beginning of the project.
Schedule management plan – Sets the format and establishes criteria for developing and controlling the project schedule. It is very important to keep to the schedule management plan, this is one of the very key pieces of project management and ensuring quick finishing of your project. However, there should be little tolerances left in between the planning schedule, so as to give room for human errors and deviations.
Cost management plan – Sets the format and establishes criteria for planning, structuring, estimating, budgeting, and controlling project costs. As long as the estimated cost is commendable with the scheduled cost, it is to a very good extent an indication that the project will be executed well and in time.
Quality management plan – Describes how the project management team will implement the organization’s quality policy.
Process improvement plan – Details the steps for analyzing processes that will facilitate the identification of waste and non-value added activity in order to increase customer value. This ensures the elimination of unwanted and time wasting elements in the project plan.
Staffing management plan – Describes when and how human resources requirements will be met.
Communication management plan – Describes the communications needs and expectations for the project; how and in what format information will be communicated; when and where each communication will be made; and who is responsible for providing each type of communication. Adequate communication is key to the execution of any project. Effective communication is also a sign of quick execution of any project.
Risk management plan – Describes how project risk management will be structured and performed on the project.
Procurement management plan – Describes how the procurement processes will be managed from developing procurement documentation through contract closure.
The above-listed points form principal project management plans and simultaneously are signs that prove your project will end up on time if strictly adhered to.