Gauge the scope of the project
The scope of the project is the first thing that has
to be ascertained. What is the overall aim of the project? What are you looking
to achieve? Once you know what the scope of the project will be, a plan can be
devised. However, you should be aware that the scope can change throughout the
project as different stakeholders ask for more to be included in the final
deliverable, so the system must remain flexible.
Set the success criteria
How is the success of the project going to be defined?
By the quality of the finished work? By the amount of money it costs? By the
length of time taken to complete it? Whatever the factors for success are, they
must be measurable and aligned to the objectives of the key stakeholders – in
this way, the Key Performance Indicators can be defined.
Identify major risks
Try and work out what the major risks to the project
are before you begin. Where are the most likely points that things will go
wrong? If you can identify those points, then you can try and limit the impact
of the problems that might arise when you reach them.
Use SMART milestones
The SMART acronym (specific, measureable, agreed,
realistic, time-framed) is well-known in the business world, and it’s one you
should adopt when thinking about the milestones in your project. Milestones,
such as the completing of an important part of the project, help the process
keep its structure and keep different teams in the loop with regard to which
milestones need to be completed before they can begin certain jobs or tasks.
Milestones can be used as a focal point for the team,
for the monitoring and forecasting of the entire project and for reporting
throughout. Setting them using the SMART acronym should go a long way towards
ensuring the smooth progression of the process.
Optimize allocation of resources
The resources that need to be utilized in your project
could be anything from software and hardware to human team members, and they
need to be allocated equally according to their strengths and availability.
This could present an issue among those who have holiday, personal commitments
or other projects that they have to work on.
Find a solution that ensures the maximum amount of
resources working on the project at the same time. For instance, if a resource
is not available at a certain time and the relevant part of the project cannot
move forward without it, concentrate on a different job or task that can be
completed.
Produce Gantt chart
The Gantt chart is one of the most widely-used
progress measuring tools used in projects across the world, and the majority of
project management software uses the format as standard – not bad for a format
first developed at the beginning of the 20th century. Because a Gantt chart’s
horizontal bar display allows users to see the order that tasks should be done
in, the amount of time it should take to complete them and the relevant
dependencies that exist between them, it is ideal to use to track the progress
of your project.
Create a baseline
One of the last things you should do is to create a
frozen snapshot of all final plans to act as your baseline throughout the
project as it is being completed. This will enable you to track actual
performance against what was expected, perform “what if” analyses and get new
team members up to speed on the project if they join it after it has started.
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