XLANZ believes that effective project management is clearly a key success factor for IT projects. We customized, defined process by our in-house Project Management Professionals. Its designed to work efficiently, aiming on Accurate project schedules, Adapting to changing circumstances, Preventing schedule slips before they happen, Control budget not just the project schedule, Integral issue management, Spot trends, Simplicity at the start and Sophistication when required, iterative exploration, delivering customer value, frequent feedback, and intense collaboration.
We also work on an Envision-Explore rather than a Plan-Do mentality for extreme projects management apart from Traditional or waterfall project management. For organizations that want to innovate,whether it is for new products or new internal business initiatives, this trend towards agility in both software development and project management cannot be ignored.
Project ManagementOperations
Project Management Overview
Management requires planning, doing, checking and acting to achieve set objectives. Project management encapsulates the same in Plan, Execute, Monitor and Control processes. These when organized in an integrated manner help manage complex project parameters between initiation and closure of the project. Each project strives to optimize its performance on Scope, Time, Cost and Quality aspects. This project management procedure is defined to provide project managers a lifecycle that helps in meeting project-related challenges by providing guidance on the application of project management techniques within a framework that recognizes the interactions between a project and the related corporate environment. The strength of such a project management system is:
- It enables project managers to examine their project for risks, dependencies, constraints and impacts on the business
- It describes and guides project managers through the essential processes of project management across the project life cycle
- It ensures all critical functions are addressed at appropriate project life cycle points
Project Management Lifecycle
The project management lifecycle is divided into following phases.
The project management process includes the initiating, planning, executing, monitoring and controlling, and closing of the project.
The process describes the steps / phases that need to be executed to complete and manage the project
- Phase III : Initiation
- Phase IV: Planning
- Phase V to X: Execution, Monitor and Control
- Phase IX : Closure
The Project Manager will choose the appropriate execution methodology for the DLC. Some of the DLC models are Iterfall, Incremental and Evolutionary,
The intent and critical success criteria of each of the phases is as listed below
Phase |
Phase III : Initiation |
Phase IV : Planning |
Phase V to X : |
Phase IX : Closure |
|
Execution |
Monitor and Control |
||||
Intent |
Involves transfer of project scope from the customer to the solution provider. |
Project planning is a continuous process. At the beginning of each project and each project phase, plans must be developed and base-lined against which project performance will be measured. Plans are updated continually to reflect changes in key project parameters and to measure performance against the baseline to determine corrective actions needed to stay on plan or to update the plan to reflect changes. |
Develop and deliver all the deliverables within scope |
Monitoring and controlling enables the PM to check if he work is being executed as planned. Variances between actual and planned will be trigger point for PM to initiate appropriate action. |
Closure marks the completion of all project phases and activities. |
Critical Success Factors |
Winning a profitable project |
Resolving differences between planning and proposal estimates |
Ramping up the Resources for the Project Team |
Zero variance or tolerable variance between plan and actual |
Acceptance of the project/ product/ service by customer |
It is important to note the intent behind a project and the critical success factors for a project. Project planning is iterative. Each phase in project planning will use the results of the previous phase and may cause a change in the previous phase.