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4 Keys Factors for Successful Project Management

by Veronika Zenz
in Business
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4 Keys Factors for Successful Project Management
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If every minute of our lives had a monetary value, would not we try to be productive at every moment? Life itself is a project, at work, family and personal level. Why not approach it as such and make it worth every second? After all time is money.

Today we are under pressure to be productive at all times and that each of our processes and actions could be optimized. However, the tasks also make it increasingly difficult for everyone to have a high level of excellence. The personal and work responsibilities are increasing, but the day continues to have 24 hours.

Against this background, the project management becomes an essential process, particularly in organizations to optimize performance and achieve exceptional results in limited time. The project management revolves around few main axes as a goal or objective, to comply it in the limited time and budget that must not be exceeded with focus on planning, distribution of tasks and supervision to achieve the task. There are a few key factors of project management which I am sharing with you here.

1 – Plan

Planning is based on seeing beyond and decide what you have to do to reach the goal and it is the task of project manager to perform it.

Having a schedule to meet guidelines and objectives to be achieved within a certain period can be of great help. Every detail and task counts and it is important for achieving the objectives.

The tasks should be prepared around the target which are divided and assigned to a responsible person with whom to manage an individual agenda that coordinates within the calendar.

Subgroups or professionals who will be in charge of the tasks will always be in charge. Planning goes hand in hand with delegation.

When planning, the project manager can take advantage of a software project management which facilitates handling times and allow assigning tasks in one place, so you can easily monitor them.

2 – Resources

Resources usually means money, but it also refers to available human resources and that is fundamental to achieve your goal, making the human resources essential for the development of tasks. Resource management is about knowing how and what each stage will require the resources in planned tasks to reach the final goal.

3 – Tracking Times

Movement is not always synonymous with progress. After the start of the project, it is necessary to keep track of the time it is taking to complete the tasks and that these are under the stipulated time in the planning stage. Remember that time is money and it is a limited resource and unrecoverable.

4 – Deliverables

Deliverables are the deliveries of important milestones to be undertaken by those responsible for each task. Their nature is varied according to the task and allow the project manager to track project progress and detect problems in the development. Each delivery allows the project manager to reorganize tasks or human resources if necessary and also allow to track the progress. A deliverable can also make you understand whether the project will be achievable or not. In case it reflects that the project is indeed impractical, it is always better to know as soon as possible. Now to lean about the project management techniques.

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