After detail options analysis, the executive board approved the strategic program to move to the new payment processing system. The payment processing system is the backbone of the organization, and it is critical for their earnings to process transaction promptly. You are part of the project leadership team responsible for the planning and execution of this strategic program. Your first assignment to propose the life cycle to the executive board, you have a choice to use any approach predictive, iterative, incremental, agile, and hybrid. Predictive life cycle : A more traditional approach, with the bulk of planning occurring upfront, then executing in a single pass; a sequential process.
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Real life project management processes examples are comprised of various sequential steps like initiation, planning, implementation, monitoring and closure. Keep in mind that any project is finite in nature, which means it has specific initiation and finishing deadlines. Managing projects is indeed a challenge that calls for conceiving a definite strategy and creating a workable methodology apart from problem-solving, communication, and team-building skills. These parameters divide a project into different phases. Whether planning a family wedding, anticipating the delivery of a new child, or going on a holiday, real life project management is involved to ensure the outcome follows the plan. Project management process relies on two activities: planning first, and then doing. Red Cliffs East Primary School and Red Cliffs Secondary College developed an innovative approach to problem solving with a real life project that utilized the help of a local winery.
There are multiple ways in which you can define the tasks also known as activities in project management parlance to be done. To complete this step we simply get all of the team together, agree on the definition of when the project deliverables are complete this will correspond to the acceptance criteria in your Project Scope Statement , and then as a group list all the activities that need to be done in order to achieve all those criteria. There are a couple of nuances which often trip up new project managers:. When planning using the brainstorming method it is important to be aware of and avoid groupthink. Groupthink occurs in groups when individual thinking or individual creativity is lost or subverted to stay within the comfort zone of the consensus view.
A project is a number of cohesive operations put together in an orderly manner which has a lot of in-depth study and design work out everything systematically to achieve the set goals. In simple words, a project helps make something that is unique. A project has to be managed properly in order to be executed properly. The manager and his team who undertake a project design a process that is devoid of all the unnecessary hindrances and is able to achieve what it needs to in a stipulated time. This procedure is called the life cycle of a project.