We hear people working on projects more often nowadays, and the importance of learning advanced project management techniques is increasing day by day. Before going any further into project management, let us first understand what projects mean. Usually a team of people, who can be from multiple geographies and from different organizations, work together on some kind of project like developing a software, the construction of a building, or even the relief effort after a natural disaster. Catering to the needs of these projects, a project manager will oversee all these people, ensuring that every member has everything that they require to keep the project running smoothly. Read the sections below to understand more about project management and its importance:
What is Project Management?
Project management is the supervision of the work of a team through initiation, planning, execution, and finish to meet certain results or goals. Project management adheres to the skills, use of correct project techniques and tools to achieve desired goals of the project.
One might say that modern project management as we know it today commenced in the year 1950. That year, project management became recognized as an official discipline with engineering models. In the contemporary world, there are many Singapore institutions who offer plenty of project management courses and offer project management certification to successful students, who have successfully completed all the required training.
The 4 P’s of Project Management:
• Planning: This refers to the activities of planning.
• Process: A project should be well-determined and should have structured processes.
• People: People are an essential component of project management.
• Power: It describes the line of authority, decision making, policies for implementation and the likes.
5 Phases of Project Management:
• Conception and initiation: During this process, a team will identify the scope and initial requirements of the project.
• Definition and planning: During this phase, a team prioritizes the subject, finalizes the budget, and schedules what resources will be needed.
• Execution: The tasks are distributed and the team is informed about their roles and responsibilities.
• Performance and control: Here, the project managers will compare the project status and bring out ways to keep the project on track.
• Project close: After the client’s approval, an evaluation is done to highlight project successes and difficulties to smoothen the process for future upcoming projects.
There are various management courses which also give a project management certification upon completion. Of all others, the project management courses in Singapore offer the best option for the aspirants in project management and the corporate world.
What is Project Management?
Project management is the supervision of the work of a team through initiation, planning, execution, and finish to meet certain results or goals. Project management adheres to the skills, use of correct project techniques and tools to achieve desired goals of the project.
One might say that modern project management as we know it today commenced in the year 1950. That year, project management became recognized as an official discipline with engineering models. In the contemporary world, there are many Singapore institutions who offer plenty of project management courses and offer project management certification to successful students, who have successfully completed all the required training.
The 4 P’s of Project Management:
• Planning: This refers to the activities of planning.
• Process: A project should be well-determined and should have structured processes.
• People: People are an essential component of project management.
• Power: It describes the line of authority, decision making, policies for implementation and the likes.
5 Phases of Project Management:
• Conception and initiation: During this process, a team will identify the scope and initial requirements of the project.
• Definition and planning: During this phase, a team prioritizes the subject, finalizes the budget, and schedules what resources will be needed.
• Execution: The tasks are distributed and the team is informed about their roles and responsibilities.
• Performance and control: Here, the project managers will compare the project status and bring out ways to keep the project on track.
• Project close: After the client’s approval, an evaluation is done to highlight project successes and difficulties to smoothen the process for future upcoming projects.
There are various management courses which also give a project management certification upon completion. Of all others, the project management courses in Singapore offer the best option for the aspirants in project management and the corporate world.
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