Elements of Project Management 1. However, I find this definition incomplete as it allows too many elements of work to be classified as a project. Clear Objectives Goals Within any given project, both the project manager and the team must have a clear sense of direction and purpose within the project. READ MORE on www.pmi.org. 1. Projects don’t manage themselves. According to the Project Management Body of Knowledge (section 4.2), the project management plan fulfills this purpose. Updated November 7, 2016 As a project manager, it’s your job to successfully guide a project through to completion within a specific time and budget. Professional project management requires the development of a plan that outlines how it will be managed. In order to understand project management and project leadership in general it is imperative to first define the term “project”. The first phase of any successful project is to make sure everyone involved understands the full breadth of work involved as well as the desired business outcome. But, project success will depend on a solid plan, one that includes 8 essential elements: Identification of stakeholder’s needs Project planning doesn’t operate in a vacuum and is a crucial part of the project management lifecycle. Although it includes any and all items that define the management of the project, there are certain standard items. If we examine the Project Management Body of Knowledge (PMBOK) we find a project defined as, "A temporary endeavor." It helps you better manage your time, resources, and team and ensures everyone is on the same page. Project management is one of the most important traits to have simply because business operations are often divided into smaller projects to make them easier to manage and control. PMI's A Guide to the Project Management Body of Knowledge (PMBOK® Guide) identifies its recurring elements: Project management processes fall into five. Clearly Define the Scope of Work. According to the online MSMPP program of Brandeis University , there are 5 important elements that must exist in a good project management cycle. Introductions • Name • Where you work • A recent project you were involved in: – 1 thing that went well – 1 thing that could have been better 3. Elements of Project Management Kevin R. Thomas Manager, Training & Development x3542 kevin.r.thomas@williams.edu 2. elements or steps that should be included in an effective project plan to avoid. However, in my experience, there are four key elements critical to effective project management. The following elements of effective project management will help any project manager with tough or tedious projects. A project plan is the plan of plans that spells out the project manager's intentions . 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