Frequently Asked Questions About Project Management Methodology
On this page:
- What is a "project"?
- What is "project success"?
- Why do projects succeed?
- How can I improve the chances of project success?
- How do I get started managing my project?
What is a "project"?
A project:
- Creates/delivers a specific product or service
- Is a group of activities
- Is time-bound
- Requires committed resources
Examples include: software release, introduction of new services, upgrade of ERP hardware
What is "project success"?
A project is successful if it delivers the expected results, on time, and within budget
Why do projects succeed?
Projects are more likely to succeed if project managers:
- Manage and control scope changes
- Create a detailed plan and track progress against it
- Assign the right resources to the appropriate tasks
- Proactively identify and manage risks and issues
- Ensure the involvement and commitment of the sponsor and stakeholders
- Maintain good channels of communication
How can I improve the chances of project success?
An individual project manager can improve the chances that a project will succeed by following a project management methodology that is based on best practices, such as is currently available through the IS&T Project Management Methodology Toolkit [ MS Excel required for download].
How do I get started managing my project?
The IS&T Project Management Methodology team will work with you to provide consulting and mentoring in using the IS&T Project Management Methodology Toolkit [ MS Excel required for download]. The PMM team conducts regular coaching sessions. Please check the web site for current locations.
Contact the IS&T Project Management Methodology team at ist-pmm@mit.edu, or visit the web site.
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