Project Management Goals.pptx
- 1. Project Management Goals Presented By Hussain Ullah Roll no: 8802 BCS 8th Semester 9/15/2022
- 2. What is project? • A project is defined as a sequence of tasks that must be completed to attain a certain outcome. According to the Project Management Institute (PMI). • A project is defined as a series of tasks that must be completed to reach a desired outcome. • A project is a combination of set objectives to be accomplished within a fixed period.
- 3. What is project management? • Project management may be defined as the implementation of suitable processes and principles to initiate, plan, implement and oversee the implementation of new programmes or improvements within the organization. Project management is different from normal company management, which is a continual process. It involves the creation of a new set of tasks in order to meet the goals or objectives agreed.
- 4. What is Goal in project management? • A project goal is the targeted desired business outcome that the project should achieve. This could be generating a certain amount of revenue, solving a problem, or delivering a top-notch customer experience.
- 5. • Project management goal, on the other hand, is something that is more related to the management process. As a project manager, your project management goal could be to utilize resources wisely, control budgets, or implement proper procedures.
- 6. Key Project Management Goals to Improve Performance:
- 7. 1. Finish Projects on Time • The most important requirements while managing a project are to meet deadlines and finish the project on time. In order to manage time, many project managers use task management tools to track the progress of tasks, dependencies, and milestones.
- 8. 2. Control Budget • Similarly, to the first goal on our list, controlling the budget of a project is also a very important requirement. Every project manager must keep track of project costs and make adjustments as necessary to avoid exceeding the budget. Depending on the nature of the project, costs may include resources such as supplies, team members, administrative expenses, etc.
- 9. 3. Improve Team Collaboration & Communication • There is always room for improvement in team collaboration and communication, which makes this project management goal a great one to strive for. But before you set that goal, you first need to determine how exactly you can improve upon it. It might be something like setting up a messenger channel on WhatsApp, starting a regular weekly Skype meeting to catch up with everyone’s work, or better yet investing in a team collaboration and communication app.
- 10. 4. Improve Productivity • Productivity is among the top concerns for project managers. If you’re wondering how to increase your team and project productivity, you should consider acquiring project management software. These types of solutions offer simplicity and reliability and allow your team’s productivity to thrive.
- 11. 5. Manage Stakeholder’s Expectations • Stakeholders are the support system of your project and organization and are directly impacted by the project’s success, which is why it is extremely important for project managers to ensure that their expectations are met (and even better if exceeded). It is one of the trickiest parts of the project management processes and so it’s crucial to have a goal that focuses on achieving that.
- 12. 6. Optimally Utilize Project’s Resources • Everyone knows that projects are given limited resources to work with – budget, time, people, etc., and project managers’ job is to deliver these projects with these limited resources. The goal here is to find the best way to optimally utilize the resources that you’ve been able to secure for your project. • This is more than a project management goal, it is also a test of your skill to make the most of your available time, provided budget, and a number of people.
- 13. 7. Improve the Effectiveness of Team Meetings • Do you want to make your team meetings more effective? If yes, then this should be one of your top priorities. Before you set a SMART goal for this, however, you need to define why the team meetings that you currently hold are ineffective? What do you think could be improved so they become more effective? Maybe you can reduce your weekly team meetings or present a clear meeting agenda.
- 14. 8. Create a Data-Driven Culture • Building a data-driven culture is currently a top goal for many organizations striving to achieve better results. A data-driven culture is when an organization uses data at the center of its decision-making throughout each department. Trusting data to guide your decisions means not starting from scratch, but relying on information that has worked well before, taking it into account, and putting it at the center of what you’re trying to achieve.
- 15. 9. Simplify Communication & Collaboration With Clients • To simplify collaboration and communication with clients, a specific approach is needed – you need to ensure trust, visibility, control, comfortable participation and feedback, and a quick way to transparency in any situation. To do that, you can set a goal to create an easy and clear way for feedback from clients across all levels and projects.
- 16. 10. Don’t Stop Learning & Evolve with New Practices • This is a very powerful and professionally oriented project management goal. With the emergence of new technology and leadership paradigms, the project management discipline is undergoing a significant transformation. That is why it is important to keep up with the newest trends, so you can be able to adapt to these changes quickly and implement them in your management style more easily.