Project planning is generally accepted as an important contributor to project success. However, is there research that affirms the positive impact of project planning and gives guidance on how much effort should be spent on planning? To answer these questions, this book looks at current literature and new research of this under-studied area of proj

Research Paper (undergraduate) from the year 2018 in the subject Business economics - Supply, Production, Logistics, grade: 3.96, , course: Project Management, language: English, abstract: The broad objective of the study was to analyse the effect of project planning processes on performance of IT projects in CBE. Furthermore, this study will examine the impact of effective planning processes on quality of IT projects in CBE, analyse the impact of effective planning processes on IT project completion time in CBE and to investigate the impact of effective planning processes on IT project completion cost in CBE. In addition, this study aimed to fill the gap by answering the following research questions: What is the role of planning processes on quality of IT projects in CBE? What is the role of planning processes on IT project completion time in CBE? What is the role of effective planning processes on IT project completion cost in CBE? Projects play a major role in the economic development of a country. They are the building blocks for generating additional capital and for ensuring a flow of goods and services. The objective of the project management is to realize the planned project objectives and its project management has different phases and processes within it. Each phase contains rigorous and comprehensive activities to be performed. The success of any project is measured by its completion time, within the budget cost and meets the planned performance based on the initial plan. Therefore, planning has an important role on the project success. To accomplish all these projects successfully, each of them must undergo different phases where the level of efforts and impacts to the project success depends on the phases. Previous research has indicated inadequate project planning and analysis is one of the reasons for project failure. Moreover, research discovered that there is positive correlation between project planning effort and project success. According to their study findings there is a high correlation between the planning efforts and overall project success. Although their studies have considered many factors that influence project outcomes, but planning was mentioned as an important factor for project success.

Everyone manages projects — even if “project manager” isn’t your official title. Whether you’re a marketer or a creative director or an IT professional, project management is essential to achieving business objectives. Project management can be defined as the actual process of creating, organizing, and executing a plan in order to meet specific goals. However, project management is much greater than its definition. It’s actually a vast subject covering a wide variety of topics. Project management is the process of steering a project from the start through its lifecycle. The main objective of project management is to complete a project within the established goals of time, budget, and quality. Projects have life cycles since they aren’t intended to last forever. A project management life cycle starts when the project is initiated and ends when the project is either completed or terminated in one way or another. Process-based project management allows project managers to create, manage, and improve projects that align with the vision, mission, and core values of a business. All project activities and objectives are designed in such a way that they contribute towards achieving the most important organizational objectives. Process-based project management includes six stages: - Defining the processes - Identifying process indicators - Measuring performance - Adjusting objectives - Planning improvements - Implementing improvements Ideal project management can increase organizational efficiencies, boost team performance, and impact the bottom line. However, we realize not everyone is a project manager by trade. Although project management is common in all aspects of business, there are many complex concepts and terminologies OUTLINED in this BOOK that may help you take your project managing career to the next level.

The Project Success Method is a unique, proven and fire-tested methodology which allows companies, groups or managers to learn and develop consistency in the way they plan, schedule, manage, control and close out projects on time, per spec and within budget-- in as little as 5 days. Over the last 25 years, the methodology has been used around the world by manufacturers of heavy equipment, electronics, aircraft components, paper products, beverages, electric and gas utilities, hotel and restaurant chains, and companies in the financial services, telecommunications, real estate, entertainment, and transportation industries. The Project Success Method has proven effective in a vast array of project applications, including new product development and introduction, IT systems development and implementation, process improvement initiatives, marketing programs, engineering and architectural design, construction and renovation, facility relocations and startups, mergers and acquisitions, major industrial maintenance and special events.

This work introduces Practical Project Management Methodology (P2M2), an international joint venture developed by three experienced project managers the provide useful steps applicable throughout the life cycle of a variety of projects. It covers areas from leading, defining and planning to organizing, controlling and closing. The two disks include 21 prepared forms and 300 activities for use in Microsoft Excel and Project for Windows.

Scale Your Project Management Efforts to Maximize Success! One size does not fit all in project management. Selecting an approach that is appropriate for the size and complexity of a project is essential to achieving success. Over-managing a small project can bog it down in bureaucracy, while a laid-back approach can lead to disaster on a complex project. Pragmatic Project Management: Five Scalable Steps to Success will help you select the methodologies and tools that will enable you to expend minimum effort to achieve maximum gain on your project. This clearly written guide lays the groundwork with a chapter on project sizing and management scaling and follows with chapters on each of the five essential elements of pragmatic project management: • The project charter • The project team • The project plan • Project issue management • Project status tracking and reporting Practical tips and a checklist are included at the end of each chapter. Use the checklists as you plan and execute your project to keep it on track and to scale.

Project planning is widely thought to be an important contributor to project success. However, does the research affirm its importance and give guidance on how much effort should be spent planning? Literature is reviewed to find the reported link between planning and project success. The paper explores these three questions: Is planning important for project success? What is the impact of the planning phase on project success? What level of effort expended on the planning phase is most correlated with project success? The paper begins by defining what is meant by the planning phase and project success. Next, it reviews literature that questions the value of planning and literature in the construction, software development, and general project management areas. An extensive review of the literature on project planning and its impact on success was undertaken and more than 190 papers and books were reviewed with approximately 50 of those being cited in this paper. Overall, the literature points to a strong link between planning and project success. A summary of the available studies shows unexpectedly consistent empirical results for the correlation of planning and success: an average value of an R2 = 0.33 correlation with efficiency, and an R2 = 0.34 for overall project success. This indicates a significant impact if compared with the reported 20 percent to 33 percent effort spent on planning. The paper concludes by noting that opportunities exist for future research to quantify how much to plan.

No longer restricted to the engineering industry, project management has at long last crossed over to mainstream business. Project Management for Business Professionals is the definitive reference on the essentials of contemporary project management. Featured here are some of the foremost practitioners and researchers from academia, consulting, and private industry, sharing their various areas of project management expertise and providing a wide range of perspectives on everything from risk management to resource planning to ethics management. Focusing on both the technical and human sides of the field, this unique resource follows the main points of the "project management body of knowledge"-the certification standard of the Project Management Institute. The experts address the procedures and processes for planning and managing projects and explore project team/group dynamics, examining the interpersonal relations and the political and organizational considerations that can impact a project.

Project Sponsorship—which includes case studies, checklists, and action plans—shows how project sponsors and project managers can develop the skills they need to manage successful projects. Randall L. Englund and Alfonso Bucero—experts in the field of project management—have written the definitive guide for educating all stakeholders in the nature of project sponsorship. They describe in detail the responsibilities of the project sponsor, from communications and liaison, selection and training, problem solving, mentoring, and feedback, to the review of project execution. The project sponsor and manager learn how to negotiate effectively with each other and the project team to achieve their commitments.

From senior executives across the globe, insights for successful project management implementation The bestselling first edition of Project Management Best Practices: Achieving Global Excellence set the course for project managers navigating the increasingly challenging task of working within global corporations and with distant and diverse work teams. This new edition carries that tradition to the next step, presenting a new set of firsthand accounts of how corporations around the world incorporate project management into their strategic business operations. In this Second Edition, senior managers of more than fifty global companies—both large (Fortune 500) and small, and in all sectors of the market—share their best practices in project management. These industry leaders offer insight into best practices for: Project risk management Project management for multinational cultures and cultural failures Focusing on value as well as cost and schedule Integrated and virtual project teams With new and updated information on the latest developments in the field, Project Management Best Practices: Achieving Global Excellence, Second Edition offers a must-have window onto the issues—and their real-world solutions—facing corporate managers, project and team managers, engineers, project team members, and business consultants in today's global market.