Project management

The charter must answer 5 questions:

- Why? main and intermediate goals

- What? scope of work of the project

- When? project time

- With whom? order of work and resources

- How many? project cost

In order for employees not to consider the project an "anchor", employees need to be able to easily answer these questions:

- Why does the management consider it necessary to develop this particular area of ​​activity?

- What will be the result of the implementation of this particular project for the company?

- What will be the benefit of the project?

The life cycle of a project is the period of time between the moment the project idea is formalized and the moment it is closed.

The main stages of the life cycle program (initiation, planning, implementation and closing).

Rule of thumb = [Finish, then move on]

Use NPV Formula for Calculating Project Success

1/Initiation:

- The goals and objectives of the project are determined

- Risk analysis is carried out (a survey of specialists to identify all hidden stones)

- Analysis of stakeholders or interested parties of the project is carried out

- The estimated costs and benefits of the project are calculated and compared

- The project team is formed

2/Planning:

- A plan for the implementation of the project is drawn up

- Required resources are determined

- The project budget is being developed

- Detailed risk management plan

- Participants of the project are determined

3/Implementation takes 50-60% of the time:

- Execution of the plan

- Monitoring and control of key points and targets

- Analysis of current results

- Changes in existing plans and ways to implement them

- Forecasts of further developments

4/Completion:

- Client training

- Transfer of documents

- Free up resources

- Learning lessons

Reasons for project failures:

1) Lack of resources

2) Unrealistic deadlines

3) Errors in formulating goals

4) Lack of project team cohesion

5) Lack of detailed planning

6) Inefficient communication within the project

7) Changing goals during the project

8) Conflicts between the goals of the project and the interests of the departments of the organization

1) The plan does not record changes in the project

2) Decisions are made behind the scenes, without discussion in the team

3) The register of risks and their status are not updated

4) Reporting procedures are carried out formally

5) One of the key indicators is not controlled

6) Communications are not optimized

7) Customer loyalty is not controlled and maintained