Right now project management certification is a necessity. We know that we have been using the same model of principles for project management for some time and change is now required in order to take project management to the next level. After extensive research on project management data it is concluded that every project is based on some basic principles and these principles should be explained in detail so that everyone can have a general idea about project management. Here are some fundamental principles of project management which are an essential part of every project.
Principle 1: Aims and Objectives
For the successful execution of a project the end or outcome of the project should be in mind before the initiation of a project. Aims and objectives of a project should be clear to everyone who is involved in a project. Educate the team members and co-workers about the vision and mission of your project. Define a clear road-map to everyone for the achievement of goals of a project. Motivate co-workers and team members for better project outcomes.
Principle 2: Project Milestones
Accomplishing the aims and objectives within a project will assist you to increase the project efficiency, including the employee’s motivation, efficiency and loyalty to the project. Establish some milestones for the successful execution of a project. Keep monitoring the employees closely and their performance in accomplishing project milestones.
Principle 3: Standards of Meetings
This principle specifies the members of the project management team. It defines who will be the part of project. It also describes the ground rules for meetings and number of meetings to be held. Lastly, it specifies a person who will be responsible for taking notes and distribution of meeting decisions and details among project members.
Principle 4: Organizational Alignment
Keep everyone on-board who is involved in the project. Co-workers, project management teams, stakeholders and others who are directly or indirectly related to a project, must be kept aligned. This will help in the maintenance of new initiatives within a project. For organizational alignment be sure to use on-going communications and meetings. Keep in touch with staff members through e-mails, e-learning and through training. Engage the stakeholders with your project continuously otherwise they will hesitate or will lose interest for a new initiative in a project.
Principle 5: Intervention & Implementation plan
This principle is all about resolving the issues and determines the best possible solutions through gap analysis. A comprehensive root cause analysis can be used for quality management. Through comprehensive analysis you can select a best possible intervention for the resolution of an issue. On the basis of identified intervention you can draw a map for the execution strategy and can implement intervention with flexibility. This principle also states the responsibilities of project members and identifies the members for the implementation of an intervention and execution strategy. It identifies who will do what, when, how and why?
Principle 6: Measurement & Accountability
At the end of a project how will you determine if it was successful? A performance report of all team members must be documented for accountability purposes. A performance report is the best way for the accountability of employees, leaders and team members. Using this performance report reward the best performing employees or team members. Encourage and motivate the others with coaching and training to achieve the specific requirements and expectations from them. Rewarding will motivate the others and they will maximize their efforts for the success of a project.
By applying the above mentioned principles of project management you can successfully complete your project. These are the rules which are globally accepted and by following these rules you can successfully accomplish a project’s goals.
Recommended Project Management Software
If you’re interested in learning more about top rated project management software, the editors at Project-Management.com actively recommend the following:
monday.com Work OS is the project management software that helps you and your team plan, execute, and track projects and workflows in one collaborative space. Manage everything from simple to complex projects more efficiently with the help of visual boards, 200+ ready-made templates, clever no-code automations, and easy integrations. In addition, custom dashboards simplify reporting, so you can evaluate your progress and make data-driven decisions.
Tackle complex projects with Wrike’s award-winning project management software. Break projects into simple steps, assign tasks to team members, and visualize progress with Gantt charts, Kanban boards, and calendars. Manage resource allocation and forecasting with software that’s easy to launch. Automation and AI features strip away time-consuming admin tasks so you can do the best work of your life. Streamline your practices, align your team, and ensure you hit deadlines and stay on budget.