ALL IN ONE SOLUTION TO SOLVE THE ROOTS OF PROJECT MANAGEMENT PROBLEMS

Whether you work at a large organization or a fast-growing startup, Project Management should be something your team has prioritized. It isn’t just for Project Managers. We all exercise our project management skills in everyday life. Project management is essential in business because it helps you complete projects successfully and hit goals for yourself and your clients.

What is Project Management?

Project management involves applying specific processes and principles to plan and organize a company’s resources to move a particular task, event, or duty towards completion. It can affect a one-time project or an ongoing activity.

All projects require a team of people who are responsible for different aspects of the delivery. For instance, you’d likely see a designer, developer, and copywriter working on website design projects. In many cases, a project manager is staffed to these projects to ensure that the team delivers the project on time, under budget, and meeting its stated goals.

It’s not a tool or a person. It’s a practice.

Project management in software development is distinct from traditional project management in that software projects have a unique life cycle process that requires multiple rounds of testing, updating, and customer feedback. Most IT-related projects are managed in the Agile style to keep up with the increasing pace of business and iterate based on customer and stakeholder feedback.

Key components of Project Management

In short
• On a very basic level, project management includes the planning, initiation, execution, monitoring, and closing of a project.
• Many different types of project management methodologies and techniques exist, including traditional, waterfall, agile, and lean.
• Project management is used across industries and is an important part of the success of IT companies.

key-components-of-project-management

Increasing or decreasing any one of these components will affect the others. For example, reducing the time allocated to complete the project will also reduce the amount of work that can be done (scope), which may then affect the quality and the cost of the project.

Types of Project Management

Many types of project management have been developed to meet the specific needs of particular industries or types of projects. They include the following:

  1. Waterfall 

This is similar to traditional project management but includes the caveat that each task needs to be completed before the next one starts. Steps are linear and progress flows in one direction—like a waterfall. Because of this, attention to task sequences and timelines are very important in this type of project management. Often, the size of the team working on the project will grow as smaller tasks are completed and larger tasks begin.

  1. Agile 

The computer software industry was one of the first to use this methodology. With the basis originating in the 12 core principles of the Agile Manifesto, agile project management is an iterative process focused on the continuous monitoring and improvement of deliverables. At its core, high-quality deliverables provide customer value, team interactions, and adapting to current business circumstances.

Agile project management does not follow a sequential stage-by-stage approach. Instead, phases of the project are completed in parallel to each other by various team members in an organization. This approach can find and rectify errors without having to restart the entire procedure.

  1. Lean 

The main idea behind this methodology is to create more value for customers with fewer resources. There are many more methodologies and types of project management than listed here, but these are some of the most common. The type used depends on the preference of the project manager or the company whose project is being managed.

Read more: How to lead your team efficiently?

5 current issues in Project Management

Issues happen. And if you want your project to be a success, you need to have a plan in place to respond quickly and effectively to any issues that arise. Of course, the first thing you need to do for issue management is to identify the issues. There can be many issues, some of which fall under these 5 categories.

1. Miss deadline

A study published in the Harvard Business Review states that one in every six projects costs more than 200 percent of the estimated amount and almost 70 percent of IT projects face project delays.

2. Hard to track teams’ activities

No matter what size or type of business you run, keeping track of your employees’ activities can be difficult and even messy at times. Unless employees are busy doing the right tasks, the business will suffer. 

3. Resource Overload 

In developing a project schedule, the average availability of resources should have been taken into consideration when activity durations were estimated. However, this estimating process does not guarantee the total workload on any given resource (person or functional group) from all projects will not exceed the availability of that resource during any future period.

When resource overloads occur, personnel are subjected to unnecessary stress, and project activities inevitably fall behind schedule. The quality of the deliverables produced is also likely to suffer.

4. Project Manager (PM) takes time

Having a PM on your team means that you’ve got a person dedicated to making sure that work is done on time and at the right time. That person is also looking to make sure that the team’s practices are running smoothly, and if they are not, they will be corrected through discussion. 

However, with a large team of more than 10 developers, it takes the PM much time to manage all things smoothly. 

5. Unpredictable risks

Oftentimes, projects don’t go as planned. These risks can be an uncertainty in the financial market, hidden flaws in the project plan or unknown factors that can impact the success of a project.

InApps’ solution: Automation Project Management Ecosystem

Issues are unavoidable. They’re a part of managing any project. That’s why InApps create a solution to solve all the challenges – an automation project management ecosystem.

development-ecosystem

To make your life easier, it’s worth passing up sweating the small stuff and automating your projects instead. Using an automation closed ecosystem with real-time tracking function and effective tools bring you significant benefits to complete the project successfully: 

  • Reduce project time management at least 50%
  • Enhance team’s productivity at least 150%
  • Cover more than 90% of risks
  • Have ability to multiply other projects.

If you need assistance with your projects and are looking for a better way to manage your tasks and teams, contact us for more details and consultation. 

 

Why InApps? 

  • Reduce your cost up to 70% – Guarantee the same or higher quality
  • Fast solving-problem & supporting your end-users 
  • 80% of developers are good at English communication 
  • 90% of software developer have +5 years of experience
  • High-level of Tech skills — Talented workforce from US, Australia, Northern Europe or Japan
  • Transparency and Predictability for long-term cooperation
  • Latest Development Methodologies & Diverse Industry Experiences

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