Planning in Project Management Analytical Essay by Nicky

Planning in Project Management
This paper looks at the importance of planning within project management.
# 146880 | 1,376 words | 4 sources | APA | 2010 | US
Published on Jan 22, 2011 in Business (Administration) , Business (Management) , Business (Business Plans)


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Description:

In this article, the writer notes that nowhere in the project management life cycle can a project achieve initial success than in the planning process or life cycle. The writer discusses that at the planning milieu, each and every component, task or objective is carefully laid out in order to have a project management plan that will determine the execution of the project until its closing. The writer looks at the standards and the life cycle processes in project management. The writer concludes that planning is a very important aspect of the project management life cycle and that planning is the key integration mechanism that will keep a project stable and successful from the start to the end.

Outline:
Abstract
Planning in Project Management
Conclusion

From the Paper:

"Aside from the five process groups in the project management life cycle of the PMBOK, there are nine knowledge areas spread throughout the project life cycle. The knowledge areas are identified areas of project management defined by its knowledge requirements and described in terms of its component processes, practices, inputs, outputs, tools, and techniques. The nine knowledge areas are integration, scope, time, cost, quality, human resource, communications, risk, and quality management. (PMI, 2004) Similar to the five process groups, the nine knowledge areas are also iterative and interactive throughout the project management life cycle. Generally, project planning helps gather data and information from various sources to ascertain varying levels of completeness and confidence that will be inputted in the project plan. The key to project planning is to identify, define and mature the project scope, project cost, and schedule the project activities that occur within the project. Nonetheless, this is only possible after having done a detailed risk analysis (Mulcahy, 2005) and should involve all available stakeholders, depending upon their influence on the project outcome. Once pertinent data and information have been gather, especially after a thorough risk assessment, identification and resolution of additional dependencies, requirements, risks, opportunities, assumptions and constraints can be finalized and incorporated in the development of the project management plan."

Sample of Sources Used:

  • Mulcahy, R. (2006). PM crash course: A revolutionary guide to what really matters when managing projects. Minneapolis, MN: RMC Publications, Inc.
  • Mulcahy, R. (2005). PM exam prep, 5th edition. Minneapolis, MN: RMC Publications, Inc.
  • Project Management Institute. (2004). A guide to the project management book of knowledge, 3rd edition (PMBOK guide). Newtown Square, PA: PMI Publications.
  • Wysocki, R., Beck, R. & Crane, D. (2000). Effective project management, 2nd edition. Danvers, MA: Wiley & Sons.

Cite this Analytical Essay:

APA Format

Planning in Project Management (2011, January 22) Retrieved October 20, 2021, from https://www.academon.com/analytical-essay/planning-in-project-management-146880/

MLA Format

"Planning in Project Management" 22 January 2011. Web. 20 October. 2021. <https://www.academon.com/analytical-essay/planning-in-project-management-146880/>

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