PRINCE2 Foundation and Project Planning - Republik City News
Business

PRINCE2 Foundation and Project Planning

PRINCE2 Foundation

Project management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters. Project management has final deliverables that are constrained to a finite timescale and budget. As outlined on a PRINCE2 Foundation training Certification UK.

Below are few things to know about project management:

Design Formulation: A design brief for any project, keeping detailed notes of the process and conclusion of the design work

Project Bottom Line: The purpose of project planning is to ensure the project is financially viable and workable for both the organization and the project contractor. This project planning includes the criteria for the: specification format, quality control over processes, scope control over areas of the program, risk assessment and risk management for the entire program.

Project Scope: Great care and careful planning is required over the provisions of features within the scope of the program. Features can sometimes be misinterpreted, seeking clarification is essential.

Project Planning: An exhaustively documented procedure is required for every project, creating programs with specific terms and policies and identifying the roles and responsibilities of each party.

Project Launch: A successful project launch is a critical step and timing must never be more important than when the project contractor calls the shots.

Project Support: When the project is assessed, the role of the project sponsor is a definite area worth due attention. Project sponsors should also be kept aware of issues developing within the program.

Project Termination: Effective project termination should occur at the conclusion of the project. The issue of whether the work can continue after the project ends, is a complex and delicate issue, part of project management.

Project Management: The collection of all the inputs to the management of the project being unambiguous and at a location in the literature, many project articles describe the methodology, the concepts and the processes.

Project Integration: The correct project integration of the various components of the project is apparent to the reader as the project has been well organised and conducted. The project management process aims at ensuring in an optimal approach of integration throughout the project. As many of the planning issues and developments are established at early stages the project management aids within the integration process make the companies better and more solid in executing the program

Project Planning Processes: Have basic objectives and methods for planning, managing and controlling projects in the workplace. This is part of the Project’s Lifecycle decomposition, which includes: identifying program objectives; establishing and implementing strategies; monitoring the plan; adjusting the plans when necessary. This is the method used for making policies and plans, determining priorities, formulating and presenting the solutions; and to ensure funded resources and the use of resources in carrying out the program. It enables project managers to keep control over the Program’s objectives and costs. Plans are created whenever major decision points are reached. Plans have a start, completion and results.

Planning is the corrective mechanism for unexpected failures and to assure the uniqueness of programs. Planning is very important to any program or project. Planning helps ensure that programs are consistently evaluated to assure that they will consistently access the correct targets, meet the necessary requirements, and are based on appropriate and sufficient data.

Program strategies can be modified with the active participation of the agency, and, over time, the strategy becomes the guiding principle of future programs.

Planning is the training process used to reinforce and maintain a disciplined approach to managing programs.

Risk is any unexpected event that can affect your project — for better or for worse. Risk can affect anything: people, processes, technology, and resources.

Risk management covers the identification, assessment and monitoring of threats to the program and total program objectives. Developing and reviewing program objectives to identify and prioritize the factors and activities of each strategy for reaching program objectives.

Identifying high-level activities, key outcomes and decision criteria resulting from each strategy and evaluating the results. Focusing key outcomes and objectives on achieving the program objectives against the strategy criteria to permit the effective and efficient monitoring of their progress. Establishing communication structures within the planning process through collaboration with time-line, program manager and other agency personnel

The Planning Process, despite its name, is a compellingly powerful tool to create a learning process. Effective and efficient planning results from user-based planning. Seat all the relevant parties into the planning process to third party process and assessing relative success and development of plans based on the breakdown barriers.

Amenorhu kwaku
Amenorhu Kwaku
Founder at | Website | + posts

Amenorhu kwaku is an author, internet marketer and entrepreneur. He is the founder of SuccessValley, a network community for students and aspiring entrepreneurs