In: Accounting
Projects have very distinct process phases that they go through according to PMI: initiating, planning, performing (monitoring and control) and closing.
Describe what you think the Project Manager's role is in each of the process phases in each of the four process group steps a project is going through. Then rank the relative degree of difficulty and challenge each step in the process presents to the project manager beginning with the most challenging and difficult. Give a reasoning for each ranking.
Project managers role in
1. Project initiating
It is the first phase of project. Detailed analysis of problem. In this the Project manager required to determine purpose of the project, objectives of the project. Need to ascertain requirements and the feasibility of the project. And required to determine the necessary investment.
2. Planning
It is important phase of every project. Success of project is mostly depend upon planning of the project. Project manager is need to make planning for the project development. Project manager required to analyze the requirements of the project and required resources for completing the project. Planning for timely completion of project and utilisation of resources. Project manager responsible for planning of budget and cost of project and execution of human resources.
3. Monitoring and control
After the project initiation and project planning , project manager required to monitor and control the project work. Manager is responsible for close monitoring of project work and analyze the how the project work is going on.
Project manager also responsible for controlling unnecessary cost and activities during the execution of project. He is also responsible for quality control.
4. Closing
Closing phase is the last phase in which project manager required to check whether all project work is complete. He is required to ensure all cost is charged with project. Checking of objective and purpose of project is met.
Ranking of project phases based on difficulty and challenges
Ranking | Phase | Reasons |
1 | Initiating | This is most difficult phase. In this required to identification of problem and detailed anysis of problem. Required to ascertain need of the project and technical and operational feasibility of the project. |
2 | Planning | Planning is important and difficult because planning of project budget and time management. Required to optimum utilisation of available resources |
3 | Closing | This phase is less difficult than planning because this phase is to cheking all the objectives of the project is met. Checking the feasibility of the project. Evaluation of project performance. Comparing projects results with planned. |
4 | Monitoring and control | In this phase only Monitoring and controlling of necessary project works during execution of project work. |