CMI 513 - LO 2.3 Presentation.pdf

Level 5 Managing Projects to Achieve Results Learning Outcome 2.3 Discuss the use of tools and techniques to plan and manage projects in different contexts  Tools and LO 2.3 techniques to plan and manage projects What kinds of tools and techniques are...

Level 5 Managing Projects to Achieve Results Learning Outcome 2.3 Discuss the use of tools and techniques to plan and manage projects in different contexts  Tools and LO 2.3 techniques to plan and manage projects What kinds of tools and techniques are needed to run projects effectively? Effective project management requires various tools and techniques to ensure successful planning and execution across multiple contexts. Key tools include Gantt charts, which provide a visual timeline for project activities; milestone charts, which highlight vital project achievements; and network diagrams, which illustrate task dependencies. Project plans consolidate these elements, outlining the required scope, schedule, and resources. Critical Path Analysis (CPA) helps you identify the most extended task sequence that determines project duration, while the Work Breakdown Structure (WBS) breaks down projects into manageable components. What kinds of tools and techniques are needed to run projects effectively? You can use project methodologies such as PRINCE2 or other organisational-specific approaches to provide structured frameworks tailored to project needs. These tools and techniques must be adapted to suit different project contexts, including varying sizes, levels of risk, and complexities. Projects can be internal or external, with diverse timescales, and may involve multiple projects or be a one-off endeavour. They can range from administrative tasks and construction projects to IT system installations, events, relocations, new product developments, research initiatives, and Human Resource restructures. What kinds of tools and techniques are needed to run projects effectively? By selecting and tailoring appropriate tools and methodologies, you can effectively navigate the unique challenges presented by each project context, ensuring efficient resource allocation, timely delivery, and successful outcomes. LO 2.3.1 Project tools and techniques Tools and techniques Effective project management relies on various tools and techniques to ensure that projects are planned and executed efficiently. These help visualise, organise, and track progress, enhancing control and coordination. Project Plans Project plans consolidate scope, schedule, resources, and risks. They serve as comprehensive guides that outline the project’s objectives, deliverables, timelines, and resource requirements. A well-developed project plan is crucial for keeping the project on track. CMI has provided a chapter in the book on project planning. Click the link below to access this in Management Direct. >>> Do you have a plan? > Project Management Methodologies > Critical Path Analysis >> Checklist - Managing Projects