Answer:
Successful project management requires a precise set of skills, knowledge, flexibility, and creative problem-solving. Seasoned project managers know that along with years of experience comes a greater understanding of the complex interrelationships between all parts of a project from set-up to completion.
Explanation:
Leading effective projects requires not only strong general leadership skills, but also a methodological and responsive set of core processes and abilities.
The five phases are:
Initiating Process Group
Defines the beginning of the project, setting all permits, authorizations and initial work orders in place to secure an effective and logical progression of initial project activities. Setting clear phases to work to be completed.
Planning process group
set strategic plans in place to maximize workflow, and begin to assemble priority lists and plan team needs. Addresses a more narrow clarification of all project goals and expectations and puts in place the project infrastructure necessary to achieve the goals according to the timeline and the budgetary constraints.
Executing process group
Involves managing teams effectively while orchestrating timeline expectations and reaching benchmark goals.
Monitoring and control process group
Processing change orders, addressing on-going budget considerations, and mitigating unforeseen circumstances that may affect a team’s ability to meet initial project expectations.
Closing process group
addresses the culmination of strong project management skills demonstrated throughout the other interrelated processes that guided the project. Following through to close all aspects of the process and submitting necessary paperwork on time
Some of the challenges that can be encountered during the process are:
securing necessary financial resources, and setting communication in place with stakeholders.
Phasing determinations are made so that a timeline and outcome benchmarks can be set in place.
Identifying and quantifying all stakeholders and other individuals who are impacted by the project.
Preparing the project charter.
Setting the teams in place to get the work done efficiently and effectively.
obtaining permits.
Supporting teams with the tools and knowledge needed to do the job most effectively
make sure no pieces have been left undone.
making last minute budget adjustments.
