Tagged: process

Project Records Management in 3 Steps

Project Records Management in Three Essential Steps

Managing records on a project is an essential activity that makes it possible to handle and use project documentation in the way that ensure smooth capturing of documents and papers by seniors, team members, and other stakeholders. Being a part of overall project document management, records management allows a project manager to direct and control document flows throughout the project lifecycle while ensuring that every single document or record serves the operational needs and helps teams capture and retrieve necessary information. It creates a framework for running project activities and procedures and paves the way for analysis, lessons learned, historical reviews, etc.

project procurement management process

Project Procurement Management: 5 Steps of the Process

Managing project procurements and acquisitions requires the project manager to efficiently collaborate with the purchasing department on the process of planning and managing procurements. Project procurement management is a section of the implementation plan to determine how “the ordered products necessary for producing deliverables can be delivered on time and within the allocated budget”. Note that the “Procurement Management” section of the implementation plan will be necessary only for projects that have to deal with substantial buy-in of expertise or capital items. For any other projects where there is no high level of procurement expenditure it is enough to include a procurement item list and a vendors list in the project implementation plan

project budget and financial resources

Project Budget and Financial Resources

Developing the project budget is a process for allocating administered and departmental funds necessary to build a financial foundation for producing stated project deliverables. When we talk about the project budget and financial resources we mean the solid framework that helps project managers to deal with the “on budget” part of the project implementation process. This framework involves cost planning and control. For successful delivery of the project product, the project manager should effectively estimate costs, track expenditure over time and adequately react to situations when the financial resources are over-spent or under-spent, or there are opportunities for savings in the project budget.

activities planning & scheduling

Project Activities Planning and Scheduling

Project time management includes two high-level groups of processes for planning and scheduling project activities and tasks necessary for timely completion of the project. Project activities planning and scheduling is the first process group of project time management. Developing the project implementation schedule is the second group. In this article we will review the planning and scheduling process group. We will talk about the key actions the project manager must take to undertake project activities planning and scheduling in an efficient manner.

project scope management

Managing Scope for Project Success

Can you start a new project without having a clear scope statement? Perhaps, you can’t. The project scope management process is required to make a stable foundation for scope. Implementation of the process ensures project success. Project scope management is essential because it helps teams make scope unambiguous and carefully managed. The project scope management process provides a formalized set of procedures for stating, executing, tracking and controlling scope. In this article we’ll focus on the goals and functions of the process. I hope the information written in the article will give a better understanding of project scope management and help you plan and do your projects more efficiently.