BENEFITS OF DOCUMENT
DESCRIPTION
The Project Management and Monitoring template which covers various management tools required on a project. This will help improve Project management effectiveness by utilising ready to go templates to assist in activity planning, tracking, organizing, task management and resource management to deliver your project on time.
Along with the above template, there is also a detailed documents highlighting the process of Project planning and scheduling.
Project management uses processes, skills, tools and knowledge to complete a planned project and achieve its goals. It differs from general management because of the limited scope of a project, concrete deadlines and specific deliverables.
A project exists temporarily and must balance the involved team members' time and usually the organization's limited financial resources—a daunting task but one that can be accomplished in a few deliberate steps that utilize special methods and tools.
Steps of Project Management
Project management begins when a manager or team initiates a project. The five steps of project management include:
The initiation phase. The project manager will assign—or ask for team members to volunteer—to complete specific tasks.
The planning phase. The team agrees on a schedule with the client or among themselves for the project. The team may also create a communication schedule with key stakeholders, determine the project's standards and set a budget during this phase.
The execution phase. This phase is where the work gets done. Employees may work independently or as a team on tasks that were determined during the previous phases.
The monitoring phase. The project manager monitors each person or team's progress along the way to ensure the project is on track to meet the overall deadline and achieve its goals. This phase often happens simultaneous to the execution phase.
The closing phase. Finally, the project manager ensures the team completed the project to the agreed-upon standards and communicates that the team completed the project.
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Source: Best Practices in Project Planning Workbook Excel: Project Management & Monitoring Template Excel (XLSX) Spreadsheet, Shaleen Sinha
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