Implementing Project Management Techniques Essay - 1275 Words

There are many methods and techniques for a project manager (PM) can use to run a successful project. Some of these include: identifying the stakeholder’s roles and responsibilities, tracking measureable business outcomes, apply project controls and view monitoring the dynamics of a working project. These project management techniques are used in order to improve the project model in a baseline project plan. As a PM employs these techniques it can help keep track and account for items more efficiently. These lessons can help them account and manage a project throughout its lifecycle. On the Basecamp website one can apply these techniques and ensure stakeholders aware of each instance in order to manage a project successfully.†¦show more content†¦Stakeholders of a project will have a significant role and responsibilities in a project, because they either own the project, call the shots, or have some type of investment. This also allows a PM to understand the limi ts of his available resources throughout an organization. For instance, the PM may have some well experienced members that contribute a wealth of knowledge and have additional networks within the company that can benefit the project. This can be very beneficial for limiting the work done from vendors and keeping simple items within a project in house. As stated by McMahon (2013), â€Å"They can provide you with instant answers and feedback as to how things do or should work. They are the daily operational link to the eventual user base of the project deliverables and I cannot stress enough the importance and usefulness of having them involved† (para. 6). By understanding the roles and responsibilities of each participant in a project it allows the PM to know where they can ask for assistance. In Basecamp each user can input their knowledge on their own profile. They can also provide valuable input in the forum, on items that may lack information for example in an action item that is of concern the PM. A resourceful PM needs to use all available resources in his or her disposal and knowing the roles and responsibilities can help them make better determinations. According to Konrath (n.d.), â€Å"Remember, corporate decision-makers dont care about yourShow MoreRelatedHow Budgeting Is Essential For Any Major Business Project1316 Words   |  6 Pagesbusiness project. Without a well-planned budget, projects can fall apart and be left incomplete. Budgeting is no simple process, however, as budgets can be fixed or flexible, depending upon the industry in which the project is implemented and based on the availability of additional income sources. Nonetheless, budgeting provides a number of different advantages that a project manager should consider. Establishing Guidelines Having a budget allows you to establish the main objectives of a project. 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