Concepts | Project Management
Introduction
Project management is the application of knowledge, skills, tools and techniques to a broad range of activities in order to meet the requirements of the particular project. A project is a temporary endeavor undertaken to achieve a particular aim. Project management knowledge and practices are best described in terms of their component processes. These processes can be placed into five Process Groups: Initiating, Planning, Executing, Controlling and Closing.
 
Need for Project Management
  • To deliver projects on time
  • To deliver projects within budget
  • Transparency across functional areas
  • Reduce development-cycle time
  • Expedited conformity with schedules
  • To identify and act upon unsuccessful projects
  • Prioritize projects, services and deliverables
  • Design a scalable project management system
  • Allocate right people on right tasks at right time
Features
Almost any human activity that involves carrying out a non-repetitive task can be a project. So we are all project managers! We all practice project management (PM). But there is a big difference between carrying out a very simple project involving one or two people and one involving a complex mix of people, organizations and tasks. Enterprise Optimus comes into rescue here.

Enterprise Optimus automates the following project management activities.
 
  • Project Definition
  • Project Planning
  • Project Cost Estimation
  • Project Scheduling & Work Allocation
  • Project Evaluation
  • Project Monitoring
  • Project Workspace
  • Configurability – Process Management
  • Metrics Management
  • Project Closure
  • Meetings Management
  • Release Management