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The term process management usually refers to the management of engineering processes and project management processes where a process is a collection of related, structured tasks that produce a specific service or product to address a certain goal for a particular organization, actor or set of actors.
Front-end loading (FEL), also referred to as Front-End Engineering Design (FEED), Front End Planning (FEP), pre-project planning (PPP), and early project planning, is the process for conceptual development of projects in processing industries such as upstream oil and gas, petrochemical, natural gas refining, extractive metallurgy, waste-to-energy, biotechnology, and pharmaceuticals.
Analyzing progress compared to the baseline schedule is known as earned value management. [5] The inputs of the project planning phase 2 include the project charter and the concept proposal. The outputs of the project planning phase include the project requirements, the project schedule, and the project management plan. [6]
Project management office –: The Project management office in a business or professional enterprise is the department or group that defines and maintains the standards of process, generally related to project management, within the organization. The PMO strives to standardize and introduce economies of repetition in the execution of projects.
Project management then is a structured process about converting a vision into reality and the major emphasis was on developing and defining processes in order to meet project objectives. [4] Research has demonstrated that organizational effectiveness is a direct function of the decision-making criteria and goal-centered activities embedded in ...
Through Progressive elaboration, an iterative process in project management knowledge, the details of project management plan and amount of information will increase, [10] and initial estimates of items such as project scope description, planning, budget, etc. will become more accurate. [11]
A Guide to the Project Management Body of Knowledge — Sixth Edition provides guidelines for managing individual projects and defines project management related concepts. It also describes the project management life cycle and its related processes, as well as the project life cycle. [9] and for the first time it includes an "Agile Practice ...
PRINCE2 defines a project plan as: "...a statement of how and when a project's objectives are to be achieved, by showing the major products, milestones, activities and resources required on the project." The project manager creates the project management plan following input from the project team and key project stakeholders. The plan should be ...