Different Approaches Towards Project Management

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  • January 11, 2018
  • 658
project management

Projects, the small tasks that keep a company going, are not to be underestimated for their complexity in planning through. People form alliances with other people and create a group to make things happen. Because of some reason, there are times when planning a flowchart to go about it becomes a hectic task. With the stress comes an opening for an individual who has expertise in project management. However, if you can’t afford one, given are a few ways that might prove to be beneficial for you in managing your projects.

The Phased Approach

It is one of the most common approaches to go about doing your stuff. Before you start to do it, plan the different phases that you’re going to pass through the course of completing it. In most of the planning, there are four processes and one monitoring phase which are taken into consideration to manage work accordingly. Those are;

  1. Initiation
  2. Planning
  3. Construction
  4. Monitoring
  5. Completion

It is the simplest approach to go about any situation we face in life.

Lean Project Management

In this kind of system, you don’t have to worry about, but mark the negative aspects of your product. As it is completely a product-oriented management system, lean project management advises us to only keep the positive aspects at the time of submission. It requires complete awareness and focus to figure out every single error in your own lovechild, and then fix them before it goes out in the public.

Process Based Management

Here’s where you build a vision of the final product and work towards creating tasks. Those are then to be divided amongst the individuals in the project. Benefits of using this system at work are, but not limited to, monitoring every single task singularly, creating a work flow, and dividing tasks between the individuals. There are three stages in which product-based management is divided:

  1. Process Documentation: Define the different processes to be taken care by all the departments collectively.
  2. Monitoring Performance: As soon as the tasks are allotted, you need to be aware if they are being completed at the right pace or not.
  3. Improvements: Submit the innovative ideas you would expect from the product. Share a finishing idea, and see how good can you work it out within the perimeters of time and funding.

Critical Chain Project Management

In this process, you need to be sure about the availability of resources, the source collecting them, and uncertain circumstances that may occur. In this approach of project management, more focus is given on the constraints that are bound to happen. You need to identify and exploit in a way that they provide nothing but profit to your company.

These are a few of the most important approaches to go about effective project management. As you get into learning more about managing people, you’ll find that nothing is enough, till everyone is sharing the same dream. Hire people with a strategy to find out what their vision is with your product. If you choose to hire a novice and teach them the workflow, the first thing you must do is to share the idea with them. It’ll help them to work effectively towards your vision, if they choose to.

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