project initiation phase

How to Initiate Projects Successfully (Part I)

A recent study conducted by the competent US agencies specializing in project initiation researches has shown that a large percentage of projects [of any kinds] are dismissed before they even reach the planning phase. The study investigates that the most common reason of project initiation phase failure refers to improper definition of project scope which results in the lack of sponsorship and investments required to ensure success of those projects. Therefore, it’s critical to understand the importance of the project initiation phase and know which steps can be taken to successfully go through this phase and initiate your projects as quickly and efficiently as possible.

Project Charter As Agreement Between Project Stakeholders

Project Charter As Agreement Between Project Stakeholders

Project Charter is a primary document that states contains initial requirements for a project to meet the expectations of stakeholders. Formally, Project Charter is an agreement between an organization which is committed to producing a product/service and a customer which requests and receives the product/service. Practically, Project Charter is a planning tool that helps set obligations, rights and privileges for all groups and individual involved within a project.

how to achieve project goals

How to Set and Achieve Goals of a Project

Many people involved in managing projects and setting project goals face one and the same difficulty that refers to proper goal setting and achieving. The difficulty is that people cannot realize what things within the project are really important; they may also have weak motivation goals; they do not plan for future activities and cannot forecast; they do not understand the importance of setting measurable goals of project; etc. The list of reasons for improper project goals setting can be supplemented with other reasons. If you want to learn how to set project goals properly in accordance with your expectations and how to achieve project management goals within expected deadlines, then read this interesting article.

sow

Statement of Work (SOW) – What It Means and Who Writes It

Writing a statement of work (SOW) is an arduous task, and many projects were failed because of too vague, broad or generic SOW. The failure to properly develop and execute a statement of work is also the reason why project parties end up in a dispute. Let’s try to understand what SOW means and how to develop it properly.