Business Project Management - Learning Journal

Running head: BUSINESS PROJECT MANAGEMENT
Business Project Management
Name of the student:
Name of the University:

1BUSINESS PROJECT MANAGEMENT
Module 3: Learning Journal
Summary
During the course, the main thing which I have successfully learned is the difference
between the theoretical practices of project management and its practical application in the real
field project. I have realized that, regardless of the project measures that whether it is complex,
large or small its requirements should be analyzed at the very initial stage before commence it.
The project manager and project team members are responsible to design and develop the project
scope statement before initiation of the project. Based on the project scope the goals, aim and
objectives are created and approved by the project manager.
After developing the scope statement the project team must be developed. Breakdown of
a large project is the other important part to get success or to make the project easier to complete.
I have also learned about project tracking tools and techniques. A project can be tracked in a
much easier way with the help of network (PERT) chart. It helps to calculate the early start, early
finish, late start and late finish based on the project activity duration. I feel that the different
phases that the project manager and project team members requires to follow in the two weeks
are respectively defining project scope, conduct work breakdowns Structure, development of
task estimation, precedence diagramming, critical path analysis and development of project
schedule. In addition to this, I have also learned about the different project knowledge areas
those are also essential for project success such as schedule management, time, cost,
communication and resource management.