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Developing Strategic Projects - Project Executive Group

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Life Cycle according to the MPMM Methodology<br />

Initiation involves starting up the project, by<br />

documenting a business case, feasibility<br />

study, terms of reference, appointing the<br />

team and setting up a <strong>Project</strong> Office.<br />

Planning involves setting out the roadmap<br />

for the project by creating the following<br />

plans: project plan, resource plan, financial<br />

plan, quality plan, acceptance plan and<br />

communications plan.<br />

Execution involves building the<br />

deliverables and controlling* the project<br />

delivery, scope, costs, quality, risks and<br />

issues.<br />

Closure involves winding-down the project<br />

by releasing staff, handing over<br />

deliverables to the customer and<br />

completing a post implementation review.<br />

Controlling – you don’t control a project; however<br />

you “trend and adjust” – actions you take to bring<br />

the project back on track is the control part.<br />

You cannot control UNLESS you have already<br />

planned for action using good risk management<br />

AND the Risk & Opportunity Register Tool AND<br />

set a Baseline (needed for Change Management).

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