Project Management is composite in many aspects, as the dimensions to be addressed are many. The key concepts underlying the management process have to be comprehended in an efficient way so as to attain goals under set deadlines. Certainly, important attributes have to be focalized where envisioning timeliness and resource allocation manages only some of them.
May the project be temporary or permanent, technical know-how together with tangible resources is what forms the requisite for successful attainment of an undertaking in Project Management.
When discourse of dimensions are studied, what becomes challenging is the need to channelize in such a way that constraints both primary such as time and cost-analysis and secondary like optimization of resources are swept over completely. These can form a stair case of troubles if not harnessed expeditiously.
Thus, the project dimensions that are to be focused upon are dealt with in chronological succession. For this, the Project Management team can conform the project to International Standards. These International Standards assist in making the whole blueprint global since both its inception and retrieval becomes lucid enough to be in norms with the rules of thumb of International Methodologies. Hence, uniformity of the project undertaken is attained.
Together with this, optimization of resources within time, deliveries to clients with minimum risks is to be achieved and this is done by facilitating division of the project into stages or phases where there are controlling factors for keeping an eye on advancements. Among many, some of the standards conformed to are:
- PRINCE2 (Projects In Controlled Environments)
- Team Software Process (TSP) from the Software Engineering Institute
- The ISO standards ISO 9000
- HERMES Method
Adopting these, the project dealings become a lot easier.
With these, one has to also realize the methods of Gap Analysis and Gap Reconciliation. This states that any discrepancy that might arise during project completion can be resolved by acknowledging the problem and subsequently closing down on avenues which produce it. Consistence and in-time delivery of the finished product to the client aids in making Project Management efficient.
The stages in which the whole project division takes place states that during the initial phases, the investment and resources put to be exploited should be low. Subsequently, in the intermediate stages, these can be altered when certainty of the product outcome is achieved. Every project is a unique one in itself. Hence, the activities that follow for its completion would vary significantly although the procedural and control phases I.e. the life cycle remains the same.
Both tangible and intangible resources ought to be put to maximum usage for fulfillment of a project in all dimensions. Until focus is laid on the varied ambit of attributes in Project Management, there cannot be a desired end product delivery being embarked to the client’s side.
Thus, the IT Industry which is growing at a rapid pace would envision loads of projects in the future whose success would primarily be dependent upon the responsibilities and roles of the skilled people. A Project Management is termed a success right there, where a project is initiated, and delivery is made on completion, in time with available resources.