Hrm, company-of-origin, analysis

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Project management is a set of methodologies for planning and directing the processes of a project. A project comprises a specific set of operations designed to achieve an objective with a set scope, resources, start and finish. The objectives of project management are: -Manage the initiation and evolution of a project.-Controlling and responding to problems that arise during a project.-Facilitating project completion and approval.  Project management is essentially aimed at achieving pre-established objectives to provide a benefit to the organisation. Objectives can be expressed in terms of: outcomes (such as the creation of a new headquarters); consequences (such as the relocation of employees to a new headquarters);

3benefits (such as reduced costs of luncheon vouchers, machine maintenance or facilities) or strategic objectives (such as doubling corporate performance in three years).There are many constraints when developing a project. However, the three most common are time, cost and scope.  These constraints are part of all projects and together they form the Project Management Triangle. There are many constraints when developing a project. However, the three most common are time, cost and scope.  These constraints are part of all projects and together they form the Project Management Triangle.

The 5 phases of project management

1.Project feasibility analysis(feasibility study).This is the first phase of a project and is based on analysing whether the project will go ahead. This step is carried out because often the benefit that the company would get from implementing the project is higher than the investment. In order to investigate the possibilities of the project, factors such as time, resources and cost must be taken into account.It includes:-Creation of the project tracking record.-Preliminary analysis of the scope of the project .-Analysis of the project execution risks. 2. Detailed planning of the work to be done.The aim of this phase is to detail all the tasks to be performed and the resources required. If this is not clearly defined, it can have a (very) negative impact on the company. In order to establish these tasks and resources as precisely as possible, it is necessary:-Review the project scope analysis;-Establish estimates of effort, costs and resources;-Define the project plan.3. Project implementation.The actions taken during this stage are to:-Setting up the working environment (groups and workflows);-Assign the planned tasks to the available resources;-Executing the planned tasks;-Managing change requests 

.4. Monitoring and control of the work.This phase,together with the previous one, is one of the most important for the project.At this stage it is checked whether all the planning is being fulfilled and whether all the quality expectations are being exceeded. This allows you to respond quickly and efficiently to problems that arise.With a project management module,you can keep track of processes, including progress, time and costs.Four types of activities are carried out:-Tracking of planned tasks and milestones;-Management of deliverables ;-Management of issues that have arisen and may arise during the process ;-Generation of monitoring reports (reports to project managers or project leaders on whether the project is going according to plan).5. Closing the project.This last phase consists of evaluating and verifying that everything is as it should be before closing the project. The failure analysis of the project will make future decisions more realistic and safer. To carry out this evaluation, a checklist is often used. The tasks at this stage are:-Formal closure of the project by all involved.-Formal closure of the project by all those involved;-Analysis of the results with respect to the initial estimates;-Updating the knowledge base with all that has been learned.

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