Developing Strategic Projects - Project Executive Group
Developing Strategic Projects - Project Executive Group
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).