Project Management

Project Management

Introduction

The main purpose of this paper is to discuss the different project management tools and how ethics impacts the process. Project management has been described as the secret weapon of rapid economic sustenance of most developed nations all over the world. Therefore, in driving our developmental targets, it has become imperative to institutionalize this world acclaimed solutions vehicle into our economy for the achievement of our nation s development goals. From a project management perspective, many believe a project is successful if it is delivered within the time, cost, and quality constraints established at the beginning of the project.

Project Management Tools

Given below are the basic tools used for the project management.

1) Basic Project Management Applications

These are the applications specially designed for project management purpose. These applications are very helpful in goal management and team building. It includes, light house, spring loops and creativepro office.

2) Wiki-Based Project Management

It is another tool used for project management. It is a very helpful tool that helps in increasing the additional features in a project (Leybourne, 2007). The different examples of wiki-based project management are TRAC project and PBWIKI.

3) Bug and Ticket Tracking

This is a tool which is used by many project managers. At the time of project management, they apply the built-in ticket tracking that helps in avoiding the bugs and issues. This includes 16BUGS and JIRA.

4) Collaboration and Conferencing

In order to work with a remote team, the tool of collaboration and conferencing is an important tool. It helps in working in the general concepts as well as avoidance of bugs. The different functions helping in the bugs are ACTIVECOLLAB, DIMDIM and VYEW.

5) Project Governance

Project governance is the main tool that has an effect on the outcomes of a project. One of Subsets of corporate governance is corporate governance and its main focus are in the corporate governance areas which have its relation to project activities including:

•Portfolio direction

•Project sponsorship

•Project and program management and efficiency

•Disclosure and reporting

6) PERT and CPM Networks

Programs Evaluation and Review Technique (PERT) and the Critical Path Method (CPM), The Bar and Gantt charts used in scheduling, tracking, resource smoothing and performing time and cost- trade-offs at the execution and termination stages are the best tools for project planning and control.

Network design of project implementation and execution is a computer based technique which features prominently at the planning phase of a project life cycle. As we know that ...