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Planning for Success - Successful Project Management - Coggle Diagram
Planning for Success - Successful Project Management
PROJECT DEFINITION
Sequence of inter-related tasks
Deliver pre-determined outcomes
PROJECT PLAN KEY ELEMENT
BUDGETS
Budget and schedule correlation: delays can lead to cost overruns
Example: Total budget for Betal project is $19 billion, allocated across four stages.
Plans expressed in monetary terms to allocate resources
REQUIREMENTS
Stakeholder expectations must be known and managed
Example: Betal government expects the road to boost the economy
SCHEDULE
Uses Work Breakdown Structure (WBS) to assign start and end dates to tasks.
Gantt charts to illustrate task sequencing and overall project timeline
Critical path determines the overall project duration
Start and end dates
SCOPE
Defines project limitations and parameters
Example: Betal road scheme aims to transform the economy of Betal’s Eastern region by building a motorway (Gamville to Lake Ita)
Clarifies what is included and excluded to reduce risks
QUALITY CRITERIA
Ensures project meets specifications and quality standards
Example: Efficiency and minimal disruption during Betal project construction
COMMUNICATION PLAN
Details
what, when, and how
stakeholders
receive information
Example: Betal project sponsor receives updates on issues, project team gets technical info
PROCUREMENT POLICIES
Strategies for purchasing goods, materials, and services
Example: Betal project follows public fund management practices to ensure
transparency
.
STAKEHOLDERS
Individuals or groups with an
interest
in the project’s success.
Example: Betal government, project sponsor, team, villagers, wildlife
RISK MANAGEMENT
Identifies, analyzes (heat map), prioritizes, and responds to risks (TARA)
RESOURCES
Planning and coordination
of workforce, materials, and equipment
Example: Betal project resources include tunnels, bridges, road surfaces
COMPREHENSIVE PLAN
Assembled and approved project plan provides authority for project manager
Ensures project completion on time, within budget, and meeting quality objectives