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4th Class of Project management (Flowchart of Project Management (Planning…
4th Class of Project management
Impact
Economy
Welfare
arise the standard of people by the help given
Increase profit by selling more at cheaper price
Financial
Self benefit
Increase profit by selling less units at higher price
A powerful effect that something, especially something new
Methodology
A system of methods used in a particular area of study or activity.
marketing
way of selling a product
sell product at higher price and earn profit
Sell a product at low prices with high quantity and earn a profit
understand customer psychi
to give best output
technical
how product is produced
Flowchart of Project Management
Planning & definition
Timeline of work
Calculate risk management
Later, it becomes a part of methodology
budget & scope
work breakdown schedule
Gantt chart
communication plan
Conception and Initiation
project charter
statement of the scope, objectives
Idea
project initiation
initiation of every project is difficult
Launch or execution
status and tracking
KPIs
Quality
Forecasts
performance and control
objectives
Quality deliverables
Effort and cost tracking
Performance
project close
post mortem
project punchlist
reporting
Similarity Index
How product is similar to a competitior's product
Make a product a part of market
Beat competitor product