Mohiuddin Hossain Course: ITEC - 640 Date: June 27 Mid-Term Exam Summer 2023

[Audio] Good morning everyone! Today we will be discussing the importance of Project Management, and how it can help us achieve our desired goals and objectives. We will be exploring the different aspects of Project Management, from the initiation phase to the closing phase. We will also dive into topics such as leadership, task management, risk management, conflict and cost management. Let's get started!.

Lessons Learned. IT Project Management Project Management Skills & Leadership Project Integration Management Project Selection, Initiation, and Requirement Project Scheduling.

[Audio] Project management is an essential element for any organization. Through the use of a systematic approach, it is possible to plan and execute initiatives while reducing risk and optimizing return on investment. Monitoring and controlling progress is important in order to properly adjust the project as needed and meet the goals. When done correctly, project management can help ensure successful completion of initiatives..

[Audio] Project management requires a range of skills, including both technical and softer skills. Coaching, supportive, decision making, managing, consultive, directives, patient and problem-solving are all key skills of a successful project manager. Furthermore, academic certifications such as CAPM and PMP can be beneficial in demonstrating a higher level of competence in the field..

[Audio] Project managers are responsible for leading a team in order to keep a project on track and ensure success. The project manager should have a strong vision for the project, be able to mentor and motivate team members, provide ethical leadership, influence stakeholders, and make sound decisions. It is essential for project managers to possess strong communication and problem solving abilities as well as stay up to date with latest tools and technologies..

[Audio] Project integration management is a process to ensure a successful outcome combining all elements of a project. This process entails comprehending the project's components, creating a plan to ensure all elements are interworking, and ensuring every task is accomplished within the timeline and budget. This method helps teams to generate effective results by exploiting resources, observing progress, and tackling potential issues..

[Audio] Project selection is a crucial element of effective project management. Projects can be launched for a variety of causes, for instance, market need, technical improvement, ecological influence, corporate necessities, streamlining procedures, augmenting efficiency, paring expenses and optimizing productivity. It is necessary for companies to stay competitive and meet customer requirements. According to the research by Asana in 2022, successful project selection and management may have substantial benefits..

[Audio] Project initiation is when the need arises to begin a project. The team must create the project scope, objectives, and goals, as well as the project charter. Moreover, an initial budget and timeline has to be developed in order to track the project's progress and performance over its lifecycle..

Project Requirement.

[Audio] We'll explore why project scheduling matters at slide 10 of this presentation. An effective project schedule helps provide an overall view of a project, such as its timeline, project tasks, assignees and dependencies. This comprehensive overview allows us to identify the activities, milestones, flow charts and resources necessary for successful completion of the project. This offers the opportunity to manage the project effectively and precisely..

[Audio] Having the right references can provide a strong foundation for success when managing a project. Asana provides a comprehensive overview of IT project management to understand the basics. For more detailed knowledge, Yanthan's guide to the seven processes of project integration management can be consulted. Furthermore, Malsam offers tips on how to write effective project descriptions. Finally, Monnappa has shared 11 project selection methods to help project managers pick the right project in the current market, which can help ensure successful project management..

[Audio] At the end of this presentation, I would like to express my gratitude to all of you for your attention and participation. Your insight was invaluable and I hope that you have gained something meaningful from our discussion. Thank you for being involved in this presentation..