The paper "Activities of a Generic Project and the Skills of a Project Manager" is a good example of a business assignment. A project refers to a unique endeavour with the aim of producing a set of deliverables within a specified time, quality and cost constraints. On the other hand, project management refers to the tools, skills, and management processes needed to undertake a project successfully. Each generic project must undergo a project lifecycle, which consists of various phases that outline the required activities. The activities of a generic project model include project initiation or justification, project planning, project tracking and change control, and project reporting.
It is extremely vital for the project management team to know each activity and its importance in project management. In addition, it is crucial for project managers to know the skills they must possess in order to manage a project effectively. Project initiation The foremost activity in the initiation process is project justification, review, and approval. The project management team is responsible for this activity because the resulting decisions affect the whole project. This activity involves determining the need and feasibility of the project.
It involves the assessment of potential projects, the approval of a feasibility study, review of projects business case, and regular review of project progress in achieving business case. The project management team must undertake other, several and vital activities. These activities include goal definition, concept definition, and needs analysis, market analysis, and strategy definition, and cost-benefit analysis, preparation of the project charter, approval, and review of the project charter. Therefore, project initiation is significant because it enables the management team to define the objectives of a project.
It enables the management team to establish the viability of a project and prevent investing in an endeavour that might lead to loss. Project initiation or justification is a vital activity because it allows management to identify a business problem or opportunity. This activity helps the management to identify and define a business case and provide various solutions.
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