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    From Our BlogHave you heard of the 4P’s of project management ? Essentially, this refers to four critically important elements of project management. Embracing these elements inWhat are the three 3 principle of project management?What are 4 P's in management spectrum?What is PS in project management?What are the 3 types of project management?

The management spectrum describes the management of a software project or how to make a project successful. It focuses on the four P’s; people, product, process and project. Here, the manager of the project has to control all these P’s to have a smooth flow in the project progress and to reach the goal.

The four P’s of management spectrum has been described briefly in below.

The People:

People of a project includes from manager to developer, from customer to end user. But mainly people of a project highlight the developers. It is so important to have highly skilled and motivated developers that the Software Engineering Institute has developed a People Management Capability Maturity Model (PM-CMM), “to enhance the readiness of software organizations to undertake increasingly complex applications by helping to attract, grow, motivate, deploy, and retain the talent needed to improve their software development capability”. Organizations that achieve high levels of maturity in the people management area have a higher likelihood of implementing effective software engineering practices.

The Product:

Product is any software that has to be developed. To develop successfully, product objectives and scope should be established, alternative solutions should be considered, and technical and management constraints should be identified. Without this information, it is impossible to define reasonable and accurate estimates of the cost, an effective assessment of risk, a realistic breakdown of project tasks or a manageable project schedule that provides a meaningful indication of progress.

The Process:

A software process provides the framework from which a comprehensive plan for software development can be established. A number of different tasks sets— tasks, milestones, work products, and quality assurance points—enable the framework activities to be adapted to the characteristics of the software project and the requirements of the project team. Finally, umbrella activities overlay the process model. Umbrella activities are independent of any one framework activity and occur throughout the process.

The Project:

Here, the manager has to do some job. The project includes all and everything of the total development process and to avoid project failure the manager has to take some steps, has to be concerned about some common warnings etc.

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Have you heard of the 4P’s of project management ? Essentially, this refers to four critically important elements of project management. Embracing these elements in

your project can help your team meet its goals and objectives. The four P’s are :

1. People

2. Product

3. Process

4. Project

Now, let’s go over the four P’s of project management.

People

Identifying the roles people play in almost any given project is the first step to a successful project. People are the primary resource on every project, and a well-managed team can greatly increase the chances for success. Some of the different

roles people play in project management includes project manager, project team members, sponsors, stakeholders, business analysts and information technology developers.

Product

As the name implies, this is the deliverable of the project. The project manager should define the product scope to ensure a successful outcome, control “scope creep”; as well as technical hurdles that he or she may encounter.

With that said, the product does not necessarily need to be restricted to software; project management can be applied to all industries with software development being one of the key elements. The product of a project can also be something that is intangible; such as moving a company to a new headquarters or setting up a new company as a registered legal entity to commence trading activities on day one.

Process

The third P of project management is Process. Project managers and team members should have a methodology and plan that outlines their approach. Without a clearly defined process, team members will not know what to do and when to carry out project activities. However, this problem can be avoided through comprehensive early stage process planning. Using the right process will increase the project execution success rate that meets its original goals and objectives.

Project

The fourth and final P of project management is Project. This is where the project manager’s roles and responsibilities come into play. He or she must guide team members to achieve the project’s goals and objectives. The project manager must delegate tasks, help team members when needed, and ultimately strive to accomplish all requirements set forth in the project scope.

Hopefully, this gives you a better understanding of the four P’s of project management. To recap, it consists of People, Product, Process and Project. Without these four elements, project planning and execution will be impacted with roadblock issues and are less likley to meet their original goals.

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Author: PATRICK

What are the three 3 principle of project management?

That's easy: Plan, Do, Check, Act. Nobody's been able to improve on Deming's formula, and I doubt anyone ever will. For a more in-depth answer, I was first tempted to list the processes or steps more traditionally thought of when discussing project management—planning, estimating, documenting, etc.

What are 4 P's in management spectrum?

The management spectrum describes the management of a software project or how to make a project successful. It focuses on the four P's; people, product, process and project.

What is PS in project management?

SAP Project System (PS) is a project management software tool that integrates with other components of the SAP Enterprise Resource Planning (SAP ERP) system.

What are the 3 types of project management?

3 Top Types of Project Management Methodologies. The Scrum Methodology. ... . The Waterfall Methodology. ... . The Lean and Six Sigma Methodologies.. Tải thêm tài liệu liên quan đến nội dung bài viết What are the three Ps in project management spectrum?

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