top-down approach

Decomposition

WBS is the process of subdividing project deliverables and project work into smaller, more manageable components. The key benefit of this process is that it provides a structured vision of what has to be delivered. The WBS organizes and defines the total scope of the project.

The PMBOK® Guide organizes the Project Management Processes in five groups: initiating processes, planning processes, executing processes, controlling processes and closing processes.

In project management generally – and the A Guide to the Project Management Body of Knowledge (PMBOK® Guide) specifically – best practices dictate a very specific series of process groups that should be performed. These are referred to as Initiating, Planning, Executing, Monitoring and Controlling, and Closing.

Developed by the Project Management Institute (PMI), the five phases of project management include conception and initiation, planning, execution, performance/monitoring, and project close.

Initiation is the first phase of the project lifecycle. This is where the project’s value and feasibility are measured.

The Five Phases of the Project Life Cycle. Every project goes through the project life cycle, which is made up of five project management stages: initiation, planning, execution, monitoring and control and closure.

Project initiation process – 6 key steps to follow

1. Creating a business case.
2. Conducting a feasibility study.
3. Establishing a project charter.
4. Identifying stakeholders and making a stakeholder register.
5. Assembling the team and establishing a project office.
6. Final review.

The five major project management fundamentals that the systems analyst must handle are (1) project initiation—defining the problem, (2) determining project feasibility, (3) activity planning and control, (4) project scheduling, and (5) managing systems analysis team members.

Project management skills are the necessary traits and competencies you need to be a successful project manager….Project manager soft skills

• Leadership.
• Communication.
• Collaboration.
• Time management.
• Organization.
• Problem solving.
• Adaptability.

Each project fundamental is an element or characteristic that all projects have in common. This course covers the project and product life cycles and project phases, and introduces the process groups and knowledge areas in the PMBOK® Guide.

Project management focuses on planning and organizing a project and its resources. This includes identifying and managing the lifecycle to be used, applying it to the user-centered design process, formulating the project team, and efficiently guiding the team through all phases until project completion.

In this post, I will provide a brief overview of project management fundamentals….Phases of a Project

• Initiating.
• Planning.
• Execution.
• Monitoring & Controlling.
• Closing.

What do project managers DO? 8 key roles and responsibilities

• Activity and resource planning.
• Organizing and motivating a project team.
• Controlling time management.
• Cost estimating and developing the budget.
• Ensuring customer satisfaction.
• Analyzing and managing project risk.
• Monitoring progress.