By Enzo Frigenti

Conventional venture administration has tended to concentration totally on the strategies of handling initiatives to profitable crowning glory. to regulate tasks from their inception via to genuine supply of the business-enabling targets, a unique undertaking administration process is required. undertaking administration must develop into a part of the standard company of commercial. This publication addresses the techniques and problems with enterprise undertaking administration. It goals to help corporations in making the shift from a slim, powerful, technical concentrate on undertaking administration to a broader, extra company- orientated concentration.

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Extra resources for The Practice of Project Management: A Guide to the Business-Focused Approach

Sample text

Similar to classic general manager functions, project managers have to plan, lead, organize, coordinate and control their projects. Relationship between different management disciplines The knowledge required to manage projects brings a degree of uniqueness to the discipline of project management. This knowledge, however, does overlap with other management disciplines such as general management and application area or technical management. 1. (Courtesy PMBOK® Guide73). 1 Application area knowledge and practice Relationship between knowledge areas and practice Note: This figure is a conceptual view of these relationships.

Project quality management means the processes required to ensure that the project will satisfy the needs for which it was undertaken. It covers quality planning, assurance and control. 6. Project human resource management is making the most effective use of the people involved with the project. It includes organizational planning, staff acquisition and team development. 7. Project communication management refers to the processes required to ensure timely and appropriate generation, collection, dissemination, storage and ultimate disposition of project information.

Risk (perception of loss). Projects always have potential risks for the organization and project participants. As change creates fear and resistance, the individuals facing change have a perception of risk that is related to their own risk profile. To understand these risks, the project manager must have answers to the following questions: – What could the participating organizations, groups and individuals potentially lose if they participate in this project? – What will be the consequence of the perceived loss to organizations, groups and individuals?

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