Project execution success means that your project meets or exceeds project mission and objectives as well as:
- Results in a satisfied client
- On or ahead of the agreed upon schedule and on or under budget
- Results in winning the client’s trust
- Project staff is motivated at completion to work on another project
- The client sells our services to other clients for you
- Results in follow-on business
During project execution, you will distribute work packages and execute key management areas based on areas defined in the PM Plan. Task leads will break down the information into task lists and execute those tasks. As the PM, you are primarily responsible for executing the project in the most effective way that deals with these project constraints:
- Human resources
System development projects, as opposed to labor support contracts, have a unique set of project execution phases depending on the type and complexity of the project.
While the Project Team is busy developing project deliverables, you will need to implement a series of management processes to monitor and control the activities being undertaken by the Project Team. Monitoring the work involves reviewing technical, cost and schedule progress against the baseline plan.
The monitoring and controlling process consists of activities performed to observe project execution so that problems are identified in a timely manner. This ensures ample time to correct any issues found to control project performance. Project performance is observed and measured regularly to identify project variances from the approved plans documented in the PM Planning process.
The monitoring and controlling process also involves controlling changes and prioritizing and recommending mitigation strategies for risks anticipated on the project. At a high level, you should monitor ongoing project activities against the approved plans and project performance baselines.
You also influence the factors that could circumvent integrated change control in accordance with the Configuration Management Procedures. This ensures that only approved changes are implemented as they relate to scope, cost, schedule, quality, and personnel.
To ensure that the customer’s requirements are met, the PM monitors and controls the necessary activities and resources. A number of management processes are undertaken to ensure that the project proceeds as planned. These are discussed in the Project Execution subsections.
– Mike Lisagor