Find out what is Project Management and learn about common techniques and methodologies.
Project Management is all about using a set of tools, disciplines and methods to achieve a specific business goal or objective, with budgets or constraints.
Resource allocation is an important part of project management. It involves assigning the right resources to the right tasks at the right time. Resource Allocation
Before embarking any major effort within your organisation, make sure your executive team are onboard and know the benefits of your proposals.Get executive buy-in
While you might be thinking about ways to bring in more customers and increase revenue, it's also important to keep a close eye on your expenses and make sure you're not overspending.Budgeting and cost control
What makes a project?
Usually a project involves these minimum five attributes:
Specific goals or outcomes
Start and end dates
People or resources
Set budgets or contraints
Tasks and milestones
This means:
The project is unique (i.e. it is not a business-as-usual activity)
It may require multiple people or resources across different teams
Progress needs to be formally tracked and communicated
The impact should be measured when the project finishes
Key project stages
Set an objective for the project – goals, outcomes
Define the work requirements – tasks, activities
Allocate people or resources to each task
Specify a start and due date for each task, including constraints
Measure the progress of each task to ensure progress is on-track