Preview

Questions on Project Management Tools

Good Essays
Open Document
Open Document
597 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Questions on Project Management Tools
Question 1:

a. Are Project Management ‘tools’ a hindrance or a help?

There is no doubt in my mind that when the right people are given the right tools and trained with the correct knowledge and use of Project Management Tools, that they will be a critical component to the overall success of a Project.

Project Management is a methodical approach to planning and piloting project processes and tools from start to finish. According to the Project Management Institute, the processes are guided through five stages: initiation, planning, executing, controlling, and closing. Project Management tools can be applied to almost any type of project and are widely used across the world. As there are no limits to its use, Project Management, and its tools can be employed to control anything from the complex processes of software development to the building of a garden shed.

Project Management tools are used extensively throughout the profession and help Project Managers and Team members steer projects in the right direction and keep them on track.

In the world of Project Management there is one main reference tool and that is the Project Management Body of Knowledge or PMBoK as it is widely referred to.

PMBoK focuses on nine basic processes that it has identified as existing within competent project management. These nine management processes are: • Integration Management: the processes used to effectively coordinate the various aspects and layers of the project. • Scope Management: the processes that focus on the work that needs to be done to achieve the project goal(s). • Time Management: the processes that ensure the project is completed on schedule. • Cost Management: the processes that ensure the project does not deviate and/or exceed from its budget. • Quality Management: the processes that ensure the project satisfies the need that it is based upon, as well as satisfies customer requirements and fitness for use. • HR

You May Also Find These Documents Helpful

  • Satisfactory Essays

    PMBOKV4 ITTO 42 Processes

    • 1835 Words
    • 46 Pages

    Project Management Process Inputs, Tools and Techniques, and Outputs Organized by Knowledge Area Based on PMBOK V4 Process Inputs • • • • Develop Project Charter (Initiation) Integration Management • • • Develop Project Management Plan (Planning) • • • • • Direct and Manage Project Execution…

    • 1835 Words
    • 46 Pages
    Satisfactory Essays
  • Better Essays

    Project Management Institute. (2000). _A Guide to the Project Management Body of Knowledge (4th ed.)._…

    • 1150 Words
    • 6 Pages
    Better Essays
  • Best Essays

    CIPD - 5DPP

    • 3309 Words
    • 14 Pages

    Project management is defined by, ‘initiating processes - clarifying the business need; planning processes - detailing the project scope; executing processes - establishing and managing the project team; monitoring and controlling processes - tracking performance and taking actions; closing processes - ending all project activity’ (Portny 2012)…

    • 3309 Words
    • 14 Pages
    Best Essays
  • Good Essays

    It 205 Week 9 Assignment

    • 1070 Words
    • 5 Pages

    Project management refers to the application of knowledge, skills, tools, and techniques to achieve specific targets within specified budget and time constraints. (Laudon & Laudon, 2011) Project management for information systems consist of five major variables: scope, time, cost, quality, and risk. The first variable is scope and is defined as what work is or is not included in the project. (Laudon & Laudon, 2011) The current…

    • 1070 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Bsbpmg510A Manage Projects

    • 1230 Words
    • 5 Pages

    Monitoring Tools There are many monitoring tools for projects but one of the most common is a Gantt chart as displayed within this assessment, other tools include Project Critical Path Analysis and Brainstorming. PMBOK is a guide that sets a standard terminology and guideline for project management. It explains the processes and steps that overlap and interact throughout a project and its various stages. It also describes the project management life cycle and its related processes. Steps associated with PMBOK are: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Integration Scope Time Cost Quality Human Resources Communications Risk Procurement Stakeholders…

    • 1230 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Risk Matrix Pm586

    • 1234 Words
    • 5 Pages

    4) A guide to the project management body of knowledge (PMBOK® Guide) (4th ed.). (2008). Newtown Square, Pa.: Project Management Institute.…

    • 1234 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    ILM M3:02, M3:03, M3:04

    • 2339 Words
    • 10 Pages

    Project Management is the employment of knowledge, skills, tools and techniques to meet project needs, and it is accomplished by the application and integration of the project management processes of initiation, planning, executing, monitoring, controlling and closing.…

    • 2339 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    A guide to the project management body of knowledge (PMBOK guide) (2000 ed., pp. 30-38). (2000). Project Management Process. Newtown Squared, Pennsylvania: Project Management Institute, Inc..…

    • 879 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Project Management

    • 1126 Words
    • 4 Pages

    Project management is one of the most important and critical tool or technique, which defines the entire course of development of any kind of project.…

    • 1126 Words
    • 4 Pages
    Powerful Essays
  • Best Essays

    According to A Guide to the Project Management Body of knowledge (PMBOK Guide), Third Edition, “Project Management is the application of knowledge, skill, tools, and techniques to a broad range of activities in order to meet the requirements of a particular project. Project management is comprised of five basic Project Management Process groups and nine knowledge areas that are typical of almost all projects. The five process groups are Initiating, Planning, Executing, Monitoring and Controlling and Closing process. The nine Knowledge areas center on management expertise in Project Integration Management, Project Scope Management, Project Time Management, Project Cost Management, Project Quality Management, Project Human Resource Management, Project Communications Management, Project Risk Management, and Project Procurement Management.…

    • 1130 Words
    • 5 Pages
    Best Essays
  • Powerful Essays

    Project management is a planned and structured effort to achieve an objective or is the process of managing, allocating, and timing available resources to achieve the desired goal of a project in an efficient and expedient manner, for example, creating a new system or constructing a project. Project management is widely recognized as a practical way of ensuring that projects meet objectives and products are delivered on time, within budget and to correct quality specification, while at the same time controlling or maintaining the scope of the project at the correct level.…

    • 4564 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    Implementation Plan

    • 3502 Words
    • 15 Pages

    Project management is carefully planned and organized effort to accomplish a specific task. Project management includes developing a project plan, what resources are needed, and associating budgets and timelines for completion. It is important to stay on the path, following the major phases to remain focused and ensure success. Many companies have dealt with project implementation and have great examples of what Friar Tucker will need to do to make a sound project selection that can be successful.…

    • 3502 Words
    • 15 Pages
    Powerful Essays
  • Satisfactory Essays

    Volkswagen Mexico Case

    • 459 Words
    • 2 Pages

    Project management body of knowledge (pmbok guide) fourth edition. (2008). Newtown Square, PA: Project Management Insitute, Inc.…

    • 459 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Project Management

    • 1694 Words
    • 7 Pages

    Within the PMBOK® Guide project management processes are presented as discrete components with well defined interfaces while, in practice, they overlap and interact in ways that are not detailed in the guide.…

    • 1694 Words
    • 7 Pages
    Satisfactory Essays
  • Good Essays

    Accurate managing of above mentioned elements describes the role of project management. Identifying the scope of project is the priority here which teaches what and where the limitations are. It is equally important to define what is not included in the scope of project. So the process would not jump off the track at the implementation level. The management should concentrate on the available resources as well and they have to determine human resources, machinery and equipments and money allocated for the specific project and should see whether they can deliver or not with the…

    • 629 Words
    • 3 Pages
    Good Essays