project management by k nagarajan pdf download

One of the most interesting points I remember from the book concerns the planning of a given project. The idea of mapping out a project and seeing it from start to finish is something that is probably familiar to everyone that has worked in business - whether they would call themselves a project manager or not. As the book got into the section about a Project Life Cycle, I felt like I already understood many of the concepts even if I hadn't thought about them in this way specifically. By understanding the roles that each of these three entities can play in the overall scope of a project, I think I gained a better understanding of the process as a whole. This book identifies three of them - Stakeholders, Sponsor, and Manager. Despite this, all projects can be mapped to the following simple life cycle structure, which involves starting the project, organizing and preparing, carrying out the work, and closing the project. This is understandable because of the complicated nature and diversity of projects, which can vary enormously in size and complexity. Chapter 8 - There is very little agreement about the life cycle phases of a project and many organizations have their own internal definitions and templates. If they believe at any stage that the project cannot be delivered within the assigned budget and timescale then they must notify the project sponsor so that remedial action can be taken. The project manager has the authority to use cash and other resources up to the limit set in the project charter. They may be referred to as the 'business sponsor,' 'project sponsor,' or 'executive' and are usually a senior manager with a direct interest in the behind the project. Chapter 7 - The sponsor is responsible for securing the financing and overall resource budget approval and owns the opportunities and risks related to the financial outcome of the project.

Project management by k nagarajan pdf download