Project Management Basics

1. Initiating
2. Planning
3. Executing
4. Monitoring and Controlling
5. Closing

Specific – To set specific goals, answer the following questions: who, what, where, when, which, and why.
Measurable – Create criteria that you can use to measure the success of a goal.
Attainable – Identify the most important goals and what it will take to achieve them.
Realistic – You should be willing and able to work toward a particular goal.
Timely – Create a timeframe to achieve the goal.

An important deliverable of the Planning Phase

A visual representation that breaks down the scope of the project into manageable tasks.

Collaborative – The goal should encourage employees to work together.
Limited – They should be limited in scope and time to keep it manageable.
Emotional – Goals should tap into the passion of employees and be something they can form an emotional connection to. This can optimize the quality of work.
Appreciable – Break larger goals into smaller tasks that can be quickly achieved.
Refinable – As new situations arise, be flexible and refine goals as needed.

The development of software for an improved business process, the construction of a building or bridge, the relief effort after a natural disaster, the expansion of sales into a new geographic market

Three Project Constraints

What is the main difference between project goals and operational goals?

Keeping track of the work completed, the budget, and the schedule occur during this phase of the project

Five Process Groups of Project Management