Principles of Project Management

Principles of Project Management

Application of an effective procedure,
methods and the knowledge areas
 Project integration- It includes a fundamental plans in developing the charter
of the project that is been created at the time of an initiation phase. It is a
document that sets the project and assigning it to the project manager.
 Managing Scope of Project- In this area scope of the project is been defined
in the scope statement that is converting sentence to the bulleted list which is
comprehensive in reducing the major part of the project risk.
 Time management- It provides for the schedule management that includes
creating schedule for a project which reflects defining the activities and
preparing the task list which touches each aspect of project.

CONTD..
 Cost management- - It means an area that involves preparation of the project
budget that means having a good estimating techniques.
 Quality management- It is stated as part of overall project plan that contains
all the quality specs for a service or the product.
 Human resource management (HRM)- In this phase a best team is been
assemble for tracking the performance for ensuring progress of the project as it
is planned.
 Communications management- At this point of area, dissemination of the
communication is been identified which includes controlling communication
by monitoring effectiveness of project planned and adjusted.