Project Management is the practice of initiating, planning, executing, monitoring, and closing a project to achieve specific goals.
- In software development, it involves managing resources, timelines, risks, and deliverables to ensure the successful completion of a software project.
Project Management Activities include:
1.) Project Planning:
- It involves defining the project’s scope, objectives, and deliverables, and outlining how the project will be executed, monitored, and completed.
- This phase sets the foundation for all other activities by developing a roadmap that guides the project team through each stage of development.
2.) Resource Allocation:
- It refers to the process of identifying and assigning the necessary resources—such as personnel, tools, equipment, and budget—to the tasks required to complete the project.
- Effective resource allocation ensures that each task has the appropriate support to be completed efficiently.
3.) Scheduling:
- It involves creating a timeline that outlines when project tasks and milestones should be started and completed.
- This includes estimating the duration of activities, setting deadlines, and determining the sequence in which tasks will occur to ensure timely project delivery.
4.) Risk Management:
- It is the practice of identifying potential problems that could negatively impact the project, assessing their likelihood and impact, and developing strategies to mitigate or respond to them.
- This activity helps prevent project delays and budget overruns by preparing for uncertainties.
5.) Monitoring and Control:
- It refers to the continuous process of tracking project progress against the established plan.
- This includes measuring performance, identifying variances, and taking corrective actions to keep the project on track with respect to time, cost, and quality objectives.
6.) Communication:
- It involves keeping all project stakeholders—including team members, clients, and management—informed about the project’s status, issues, and progress.
- Effective communication ensures that everyone involved has a shared understanding and that decisions are made with current information.
7.) Closing:
- It is the final phase in which the completed product or system is formally delivered to the client or end users.
- This activity includes conducting a project review, releasing project resources, archiving documentation, and identifying lessons learned to improve future projects.
