Your Guide to Project Management Best Practices

Tagged: planning

Project Constraints and Assumptions - A Planning Checklist

PM Tips & Ideas

Project Constraints and Assumptions – A Planning Checklist

Efficient planning for project success significantly depends on the right statement of the constraints and assumptions. Why are constraints and assumptions in project management so important? The answer is that because setting proper project constraints and assumptions paves the way for adequate risk analysis, efficient project planning and timely project delivery. This article is intended to give you definitions of both project constraints and project assumptions and also show what steps can be taken to determine the key characteristics of project success.

project readiness template

Templates

Project Readiness Checklist

The Project Readiness Checklist is a four-step guide to preparing a project during the initiation phase. It includes steps to reviewing the statement of work, requesting team skills, developing a sample project schedule, and preparing an agenda for the kick-off meeting. The Project Readiness Checklist will be helpful for people involved in managing the initiation phase. Taking the steps of the checklist allows achieving better project readiness management.

managing project resources

PM Tips & Ideas

Project Resource Management Software – The Meaning and Benefits

Managing project resources is one of the critical management activities aimed at finding the balanced allocation and levelling of available project resources and optimizing resource utilization and consumption. The project resource management process focuses on planning, scheduling and allocating resources required for initiating and executing a project and its phases. Usually this process is successfully implemented with help of project resource management software which allows using spreadsheets, estimates, templates, to-do lists and reports to plan and utilize project resources.
What is Project Resource Management Software?

It is a computer program to simplify planning and using of resources by providing tools for achieving the balance between project resource requirements, schedules, availability, and optimization opportunities. Project resource management tools allow managing what, where and when a resource should be available and utilized to achieve the optimum project outcome.

Cost Projection Statement and Analysis

PM Framework

Cost Projection Statement and Analysis

Stating cost projection is an activity carried out during the project initiation phase to identify costs for development, implementation and maintenance of the project. The analysis of costs is a tool of project cost planning and management to identify, estimate and describe total cost of project management initiative. Cost projection statement and analysis are required activities that allow making the project estimated and well-grounded in financial terms. Among other tools, cost projection estimates and spreadsheets are used to develop the project charter. They are developed with help of project costing software.

Goals of a project

PM Tips & Ideas

Project Goal Statement

A Project Goal Statement is a clear picture view of what is to be accomplished by the project. It is a formal document to be created at the Initiation Phases showing the project context, including the project purpose, the quality focus, and the viewpoint. The project goal statement document should clearly and unambiguously point at the benefits that the sponsoring organization will gain in case the project will be successfully completed.