Project Management

Project Management



Table of Contents

Project Management3

Risk Management in Project Planning3

The Uncertainity of Risks3

Risk Management Process4

Areas and Causes of Project Failure4

1. Lack of user involvement4

2. Long or unrealistic timetable5

3. Poor or no requirements5

4. Expansion5

5. No change management6

6. Poor or No Testing6

Affects of Project Management tools in Project management6

Project Management

Project Management

Project management is a discipline that has taken hold to the extent that much of what is both personal and professional and business benefits of implementing existing methodologies for effective project management. Project Management includes Plan Project Development, which includes identification and confirmation of project goals and objectives, defining tasks and how goals will be achieved, quantifying the necessary funds, and determining budgets and timelines for their implementation. It also includes management of implementation of the project plan, regular operating along with the 'control'. They are so accurate and objective information about the comparative "efficiency" with a plan and mechanisms for implementation of recovery actions in case of need (Morris, 1994, 177).

Risk Management in Project Planning

Risks are events that can negatively affect your project. I have worked on projects in which the risks included: a staff job that he had the technical skills required to perform the work, lack of timely delivery of hardware or other equipment, a control room at risk of flooding and many others. The risks vary with each project but should be early identification of project risks in particular. Should be planned to avoid the risks or, if risks cannot be avoided, to mitigate its impact on the project if it actually happens. This is known as irrigation management (risk management) (Gido & Clements, 1999, 323).

In the same way that quality is an important factor in project management, so is the analysis and management of risks, uncertain events or conditions which, if any, have a positive or negative effect on at least one objective of the project such as time, cost, scope or quality. Risk management in project management, then, is to increase the impact of positive events and decrease the likelihood and impact of adverse events to the project. There are currently several methods used for managing projects, most of them considered as an important factor in project management, analysis and risk management, other methods have yet been designed and created exclusively as a set of guidelines to continue to identify and plan appropriate action to keep risks under control in certain specific type projects (Heerkens, 2002,413).

The Uncertainity of Risks

The risk stems from the uncertainties that are present in the project, may be, known (if they have been identified, evaluated and quantified for which we have developed a plan of action) or unknown (West, 1998, 135). The risks are an integral part of all project activities are influenced by a number of specific issues, such as the need exceed demanding productivity levels, reaching some products exceed the standard features, the novelty of a design to develop exceptional external conditions, including high cost items, etc. The rules for managing risks in the project come from the lessons ...