Project Management and Change Management Research Paper
Project Management: Mitigating Risks to Improve the Chances of Success!
Parikshit Chavan 19 Aug 2012
Abstract Project Management is increasingly important in the IT industry as more and more companies and organizations integrate technology into their structure to solve problems and work more efficiently. This paper explains the process of Project Management and the risks, specifically associated with IT projects, that threaten the effective execution and success and implementation of an IT project. It describes in detail the process and tools used in Project Risk Management as well as how to mitigate risks throughout the life of a project.
Introduction Changes in technology, competition, and demand have prompted companies and organizations to run more efficiently and effectively. Many times, this requires companies to adopt a new way of seeing and doing things within their organization and with those new perspectives and practices usually come new Information Technology tools. Implementation of these tools in structured environments is a challenge for the Chief Executive Officer, but to create and successfully execute these technology-based tools is the challenge of the Chief Information Officer. More specifically, the person responsible for overseeing the planning, development and delivery of these tools, usually titled the Project Manager Officer, has the challenge of acquiring and organizing the resources, synchronizing the efforts of various teams and ensuring the project is delivered in an acceptable state. The process this person uses is called Project Management and in the IT industry this is an ever-growing and complex process to manage. Project Management Project management as defined by PMI, “is the application of knowledge, skills and techniques to execute projects effectively and efficiently.”1 Managing projects is not easy; however, the examination of project management process has provided many tools and techniques to help in executing a
Parikshit Chavan 19 Aug 2012
Abstract Project Management is increasingly important in the IT industry as more and more companies and organizations integrate technology into their structure to solve problems and work more efficiently. This paper explains the process of Project Management and the risks, specifically associated with IT projects, that threaten the effective execution and success and implementation of an IT project. It describes in detail the process and tools used in Project Risk Management as well as how to mitigate risks throughout the life of a project.
Introduction Changes in technology, competition, and demand have prompted companies and organizations to run more efficiently and effectively. Many times, this requires companies to adopt a new way of seeing and doing things within their organization and with those new perspectives and practices usually come new Information Technology tools. Implementation of these tools in structured environments is a challenge for the Chief Executive Officer, but to create and successfully execute these technology-based tools is the challenge of the Chief Information Officer. More specifically, the person responsible for overseeing the planning, development and delivery of these tools, usually titled the Project Manager Officer, has the challenge of acquiring and organizing the resources, synchronizing the efforts of various teams and ensuring the project is delivered in an acceptable state. The process this person uses is called Project Management and in the IT industry this is an ever-growing and complex process to manage. Project Management Project management as defined by PMI, “is the application of knowledge, skills and techniques to execute projects effectively and efficiently.”1 Managing projects is not easy; however, the examination of project management process has provided many tools and techniques to help in executing a
References: http://www.brighthubpm.com/risk-management/49633-why-risk-mitigation-is-important-to-projectmanagers/ http://cobaltpm.com/issue-and-risk-management/ http://project-management-knowledge.com/project-management-process-groups/ http://www.brighthubpm.com/methods-strategies/78990-fundamental-project-managementprocess-groups/ http://www.pmvista.com/risk-categories/