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Phase management.

Planning.

Control.

Team management.

Communication.

Procurement.

Integration.

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Initiating the Project

1. Establishing the project initiation team. This involves organizing team members to assist in carrying out the project initiation activities.

2. Establishing a relationship with the customer. The understanding of your customer's organization will foster a stronger relationship between the two of you.

3. Establishing the project initiation plan. Defines the activities required to organize the team while working to define the goals and scope of the project.

4. Establishing management procedures. Concerned with developing team communication and reporting procedures, job assignments and roles, project change procedure, and how project funding and billing will be handled.

5. Establishing the project management environment and workbook. Focuses on the collection and organization of the tools that you will use while managing the project.

Planning the Project

1. Describing project scope, alternatives, and feasibility. The understanding of the content and complexity of the project. Some relevant questions that should be answered include:

What problem/opportunity does the project address?

What results are to be achieved?

What needs to be done?

How will success be measured?

How will we know when we are finished?

2. Divide the project into tasks. This technique is also known as the work breakdown structure. This step is done to ensure an easy progression between tasks.

3. Estimating resources and creating a resource plan. This helps to gather and arrange resources in the most effective manner.

4. Developing a preliminary schedule. In this step, you are to assign time estimates to each activity in the work breakdown structure. From here, you will be able to create the target start and end dates for the project.

5. Developing a communication plan. The idea here is to outline the communication procedures between management, team members, and the customer.

6. Determining project standards and procedures. The specification of how various deliverables are produced and tested by the project team.

7. Identifying and assessing risk. The goal here is to identify potential sources of risk and the consequences of those risks.

8. Creating a preliminary budget. The budget should summarize the planned expenses and revenues related to the project.

9. Developing a statement of work. This document will list the work to be done and the expected outcome of the project.

10. Setting a baseline project plan. This should provide an estimate of the project's tasks and resource requirements.

Executing the Project

1. Executing the baseline project plan. The job of the project manager is to initiate the execution of project activities, acquire and assign resources, orient and train new team members, keep the project on schedule, and assure the quality of project deliverables.

2. Monitoring project progress against the baseline project plan. Using Gantt and PERT charts, which will be discussed in detail further on in this paper, can assist the project manager in doing this.

3. Managing changes to the baseline project plan.

4. Maintaining the project workbook. Maintaining complete records of all project events is necessary. The project workbook is the primary source of information for producing all project reports.

5. Communicating the project status. This means that the entire project plan should be shard with the entire project team and any revisions to the plan should be communicated to all interested parties so that everyone understands how the plan is evolving.

Closing Down the Project

1. Closing down the project. In this stage, it is important to notify all interested parties of the completion of the project. Also, all project documentation and records should be finalized so that the final review of the project can be conducted.

2. Conducting post project reviews. This is done to determine the strengths and weaknesses of project deliverables, the processes used to create them, and the project management process.

3. Closing the customer contract. The final activity is to ensure that all contractual terms of the project have been met.

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Seven primary characteristics of a project include

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Seven primary characteristics of a project include

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1. Objective: Each has a specific goal to reach.

2. Schedule: Point in time in which they must be accomplished.

3. Complexity: Does the technology exist to achieve the project objectives?

4. Size and Nature of Task: Step-by-step plan of action.

5. Resources: Labor, personnel, equipment, materials, facilities, etc.

6. Organizational Structure: The 'meshing' of project requirements into the existing organization.

7. Information and Control Systems: These must be structured to handle problems through the typical lines of authority (Prin. of Project Mgmt).

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Identify project risk and strategies

Project awareness – before participating in the simulation, many players will have little idea of how to run a project. Simulations allow them to temporarily have control over a virtual project, to see whether their decisions lead them to success or failure.

Time management and organization – most simulations contain timed sessions, which will test the candidate's skill in submitting decisions within the allotted time slot.This is an excellent skill for any employee.

Team coordination – the majority of training simulations involve working in groups or teams of people. improving the abilities to communicate effectively, delegate tasks and diplomatically resolve any situations.

Problem solving – simulations will often present tricky circumstances that must be thought through logically to be solved. Successful resolution of these shows good management skills.

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Your team and budget are on the right. Assign team members to tasks and hit START. Good luck!

You are playing as temporary username: Timeline3794. Register a name to save your score.

Jane

Jane is slow and low-cost

Vicky

John

Bob

Bob is fast and expensive

sswamimsu.edu completed 11 projects worth $9,116,000

1) Resources8426 (43 @ $36,654,000)
2) sswamimsu.edu (20 @ $16,576,000)
3) Waterfall5373 (14 @ $11,551,000)
4) PM6184 (10 @ $8,531,000)
5) Project7721 (10 @ $8,345,000)
6) Manager6621 (6 @ $5,142,000)

All-time best PMs (registered only)

1) Jeff Bezzos (515 @ $434,478,000)
2) Azim (498 @ $421,182,000)
3) LuisGarcia (446 @ $379,986,000)
4) Elon Musk (407 @ $343,006,000)
5) SolvableBarrel (404 @ $342,538,000)
6) rapidoyfurioso (379 @ $321,504,000)

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Your team and budget are on the right. Assign team members to tasks and hit START. Good luck! You are playing as temporary username: Timeline3794. Register a name to save your score.

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The professional management of projects requires a disciplined approach to defining, planning, strategizing, communicating, and controlling a project.

The PMBOK® says project management is, “The application of knowledge, skills, tools, and techniques to meet the project requirements.”

Project management simulation is often used as training simulation for project managers. In other cases it is used for what-if analysis and for supporting decision-making in real projects.

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Sabaruddin

Muhammad Amirul Afiq bin Sam

Anis Amirahanani Binti Mohd Kamal

Nur Afiqah Hamizah Binti Norizan