Fordham University            The Jesuit University of New York
 


Project Management

How Does Project Management Help?
Projects exist for the purpose of achieving objectives; ensuring the most effective use of limited funding and resources, and improving responsiveness to the mission.

Project management is the discipline of planning, organizing, securing, and managing resources to achieve specific goals. A project is a temporary endeavor with a defined beginning and end … undertaken to meet unique goals and objectives.

No matter what the type of project, project management typically follows the same pattern:
1. Definition
2. Project Design
3. Execution
4. Quality Control/Transition
5. Post Project

Project Management maturity develops 3 areas
Project management is not just following a schedule, it involves estimating the expenditure of resources (people, money), and tracking work in comparison.

Above all it’s about trying to PLAN, so there are Risk Management Plans, Communications plans, Resource plans, Budgets, Test plans, in addition to the Schedule with which everyone is familiar. It’s about fi nding a balance, (in three areas), that most effectively organizes the work.

Benefits
Repeatable success – With appropriate documentation, the next project can learn from the success and trials of the previous one.
Improved visibility and insight into projects – enables more effective decisions.
Increased confi dence in planning – A well defi ned plan supported by an appropriate level of planning gives confi dence that goals are achievable.
Increased confi dence in status – via clear and consistent reporting.
Managed change – Gain the ability to effectively understand and manage changes by ensuring decisions are based on a clear understanding of impacts.

Business Services Can Help
• Guide your department throughout the project using the tools and processes that help achieve success.
• Deve lop project plans that are reasonable and refl ect “as is” circumstances instead of optimistic and aspirational plans.
• Provide a project manager resource to work with your department, or mentor the current project manager.
• Assist in risk analysis, building training progams and implementing best practices.

“ Clear goals and a defined process are key to any project. Project Management can help achieve those, creating a better set of expectations and a solid foundation for success.”
— Cathy Buescher

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