What are Project Management Activities?

What are Project Management Activities?

In terms of major management functions the process will be viewed as follows. Effective project management has more activities or “work packages” under each of these heads:

1.  Planning:

  • Deciding project objectives, goals and strategies

  • Planning project work-break-down structure.

  • Developing procedure diagrams and time schedules.

  • Plan resource support

2.  Organizing:

  • Organizing design of project team

  • Identifying and assigning roles to team members.

  • Defining project management policies, procedure and techniques.

  • Preparing Project Management charter.

  • Establishing standards for authority, responsibility and accountability.

3.  Motivation:

  • Determining team members needs

  • Assessing motivating factors

  • Providing counseling and mentoring.

4.  Directing:

  • Developing leadership styles.

  • Enhancing interpersonal skills

  • Planning participative management techniques.

  • Developing decision making techniques.

5.  Control:

  • Deciding standards for cost, time-schedule and technical performance.

  • Developing means for evaluation of project in progress.

  • Establishing project MIS.

  • Preparing Project-review strategy.

  • Evaluating project progress.

References

  1. Introduction about Project Management

  2. Definition of a capital expenditure

  3. Importance and difficulties of Capital expenditure

  4. What is the need of Project Management ?

  5. How was the evolution of Project Management?

  6. What is the scope of Project Management

  7. What is the impact of Project Management on Organizations ?

  8. What are the characteristics of Project Management?

  9. What are Project Management Activities?

  10. What are Project Management processes?

  11. What are the different phases of life cycle of a project?

  12. How does project management becomes a part of strategic planning?

  13. What are the different phases of capital budgeting?

  14. What are the facts of project analysis

  15. What are the basic strategic postures associated with the SPACE approach?

  16. What is conglomerate diversification?

  17. What are the objectives of capital budgeting?

  18. Maximization of the wealth of equity shareholders

  19. Do firms really act or should solely act to further shareholders welfare?

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