Project Appraisal: Definition, Process, Steps, Tools
project appraisal management serves as the major process of analyzing and approving the project. In this article, I am going to write about the project appraisal process and its key steps.
project appraisal management serves as the major process of analyzing and approving the project. In this article, I am going to write about the project appraisal process and its key 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.
It’s nearly impossible to make a business flourishing and highly competitive without effective talent management in place. Human resources are the driving power of any business, and talent management helps managers and owners to retain workforce, develop employee skills and improve team performance. Effective talent management allows filling up the skill gap and avoiding performance reductions through recruiting talented employees and developing competencies and knowledge of existing workforce. Managing talents and competencies of employees can be presented as a consistent process that consists of the four key steps, such as Recruitment, Retention, Development and Performance. Each of the steps of effective talent management can divided into sub-steps that better characterize the process and its essence. In this article we present a checklist for carrying out the process in the four key steps.
Any project always generates a kind of challenge that makes the project manager find efficient ways to respond to various threats and uncertainties that may jeopardize successful project completion. Implementation of the risk planning process lets the manager to solve the challenge by planning for potential risks and developing solutions that reduce the likelihood of risk occurrence and mitigate the negative impact of the risks.
Planning for project quality is a complex process that allows companies to clearly set up quality requirements and document all necessary procedures for managing quality expectations. In terms of successful project implementation, developing a project quality plan template is a critical activity dedicated to creating a documented set of rules to managing both project and product quality. Without a comprehensive project quality plan it is nearly impossible to implement the project and deliver the product on time, under budget and as per stakeholder requirements.