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Project Management - 2

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Project Management - 2

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PROJECT

MANAGEMENT
MEETINGS, INCENTIVES,
CONVENTIONS, AND
EVENTS/EXHIBITIONS

College of Business Administration


Overview

PROJECT MANAGEMENT
PROCESSES

KEY ELEMENTS OF PROJECT


MANAGEMENT
PROJECT MANAGEMENT PHASES Collaterals

INITIATION

PLANNING

EXECUTION

MONITORING AND
CONTROLLING

CLOSING
Project Initiation

1 Conduct a feasibility study to 3 Define the project scope, objectives,


determine whether the project is and deliverables.
viable.

2 Identify and engage with key 4 Create the project charter that
stakeholders to understand their includes the project's purpose, scope,
needs and expectations. objectives, stakeholders, and budget.
Project Planning

1 Develop a work breakdown structure 3 Identify project risks and develop a risk
that breaks down the project into management plan.
smaller, manageable tasks.

2 Define the project schedule and 4 Determine the project budget and
milestones. allocate resources.
Project Execution

1 Assign tasks to team members and 3 Manage project resources and ensure
oversee their work. that they are used efficiently.

2 Monitor project progress and make 4 Implement risk management and


adjustments as needed. quality control measures.
Project Monitoring and Control

1 Track project progress and 3 Manage project risks and changes.


performance.

2 Analyze project data and make 4 Ensure project quality through regular
adjustments to the project plan as testing and feedback.
needed.
Project Closure

1 Conduct a post-project review to 3 Evaluate project outcomes and


capture lessons learned. measure project success.

2 Transfer project deliverables to 4 Celebrate project success and


stakeholders. recognize team members.
KEY ELEMENTS OF PROJECT MANAGEMENT
Collaterals

• SCOPE
• TIME
• COST
• QUALITY
• RISK
• COMMUNICATION
• HUMAN RESOURCES
• STAKEHOLDER
SCOPE MANAGEMENT
defining and controlling what is
and what is not included in a
project.

TIME MANAGEMENT

creating a project schedule,


identifying dependencies, and
ensuring that the project is
completed on time.
COST MANAGEMENT
estimating and controlling the
costs associated with a project

QUALITY MANAGEMENT

ensuring that the project


deliverables meet the desired
quality standards
RISK MANAGEMENT
identifying, assessing, and
mitigating potential risks that
could impact the project's success

COMMUNICATION MANAGEMENT
ensuring effective communication
between project stakeholders
HUMAN RESOURCE MANAGEMENT
managing the people involved in
the project, including recruiting,
training, and managing the
project team.

STAKEHOLDER MANAGEMENT
identifying and managing the
needs and expectations of project
stakeholders.

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