Monday, November 1, 2010

Approaches applied by project managers after doing project management courses.

Views and approaches applied by various project managers in different times and phases of project management, a detailed discussion.

There are various needs of projects while some might be simple and require small planning, others might require planning complex enough to handle the pros and cons of a massive project. A project manager should be smart enough to assess and evaluate the exact procedure/methodology, pace, tenure, budget and consider all the project models before starting a project. In this regard there are some typical but diverse approaches while some approaches might be phased others might seem agile .there are interactive and incremental approaches as well. But regardless of the methodology employed by a project manager, he should be cautious about the project objectives, its costs, its timeline, roles of every individual and also their responsibilities.

First of all we consider The Traditional Approach that was and is at some place a practice. It has in all 5 stages in the development. Namely:
• The first phase is Project initiation stage;
• The Project planning and design stage;
• The Project execution and production stage;
• Then comes The Project monitoring and controlling systems;
• And at last The Project completion.
Many project managers use some parts of these approaches in their firm to cater the demands of their projects. For example in developing a project the steps you apply would be somewhat like this.
• Fact finding before a project is started
• Project Requirements gathering and classification
• Evaluation and rationalization of project needs
• Prioritization of aspects in a project
• Integration flexibility and validation
This approach is somewhat like the waterfall model where every task series is in sequence and can be used for small and at time medium projects as needed. You can easily find similar practices on online project management training courses.
The Critical Chain Project Management focuses more on physical resources and work and is used primarily to increase the rate of throughput during a project.
Extreme Project Management is a combination of extreme and efficient skills demanded during a project for example for extreme programming in software engineering code, pair programming, unit test, pair negotiation, standup meetings, acceptance test, iteration plan and release plans are all going side by side and to manage them all in short intervals demands management that has extreme project management skills to cater the workload of project.
• Event Chain Methodology focuses on the following:
• Probability moment of risk
• Event chain
• Critical event points
• Project tracking with events
• Event chain visualization
PRINCE2 method specifies each method and role of an individual with some specific goals and outputs and activities to be carried out. Further divided into stages and plans with efficient and manageable control on resources.
Process Based Management is different from all the methods explained above because it is preplanned that what to do in what state and under what circumstances.

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