Wednesday, Jul 17, 2019
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Project management knowledge is power

While you may not have had formal training in it, project management may not be new to you. You’ve made huge contributions to raising a family, to your church and in your community. What if you could do it all again, what additional knowledge would you need to have to increase your success?

Knowledge requirements for planning a project

You need knowledge in a wide range of areas to complete project work from start to finish.

Integration

To begin with, you should be able to identify and define the project work and understand how all aspects of the project work are coordinated. This knowledge requirement is referred to as project integration.

Scope

It is important that you properly collect requirements, define the scope to determine the magnitude of the project, and identify and break down the work that is required to complete the project from start to finish. This is referred to as knowledge of scope.

Time

It is also necessary to know how to properly define the activities, sequence the activities, estimate activity resources, estimate activity duration and develop the project schedule. This is referred to as knowledge of time management.

Cost

Knowledge of cost management includes the ability to estimate costs, and determine the budget essential to ensure that there are sufficient funds available to the project from start to finish.

Quality, human resources and communication

Building quality components in the project plan, properly developing a human resources plan and determining the information that needs to be communicated, when, why and to whom throughout the duration of the project is a must. This is known as knowledge of quality, human resources and communications management.

Risk

Then there is the need to know how to plan risk management, identify risks, perform qualitative and quantitative risk analysis and plan risk responses.

Procurements

Finally, it is important to know how to plan procurements. This involves identifying those project needs that can best be met, or must be met by acquiring products or services from outside, versus those project needs that can be accomplished by persons assigned to the project.

In all, there are nine interconnected knowledge areas that are used multiple times when creating a plan to manage a project. Use them wisely to ensure your project’s success.

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