Foundation Of Project Execution: Revealing Where Successful Project Must Start From

Foundation Of Project Execution

Understanding The Foundation Of Project Execution

 
 
I don’t know of you, but whoever you are, you are involved in project execution in one way or the other. The funniest thing is that not all that is involved in project execution know what project management practice is. That is why many projects fail. In this article, I want to look at some of the foundations of project management.

 

What then is a project…

A Project is a temporary endeavour undertaken to create a unique product, service or result. For you to now understand it better, let me break down the different aspects of the definition.
 

Unique product…

Projects are undertaken to fulfil objectives by producing deliverables. An objective is defined as an outcome towards which work is to be directed, a strategic position to be attained, a purpose to be achieved as well as result to be obtained, a product to be produced, or a service to be performed.
 
A deliverable, on the other hand, can be defined as any unique and verifiable product, result, or capability to perform a service that is required to be produced to complete a process, phase, or project.
 
It should be noted that a deliverable can be tangible or intangible in nature.
 
In addition, the fulfilment of project objectives may produce one or more of the following deliverables…
 

  • A unique product can be a component of either another item, an enhancement or correction to an item, or a new end item in itself.
  • Unique service or capability to perform a service. A good example is a business function that supports the production or distribution of goods and services.
  • A unique result, such as an outcome or document. For instance, a research project that develops knowledge that can be used to determine whether a trend exists or a new process will benefit society.
  • A unique combination of one or more products, services, or results. For instance a software application, its associated documentation, and help desk services.

 
Repetitive elements may be present in some project deliverables and activities. This repetition does not change the fundamental and unique characteristics of the project work. For example, office buildings can be constructed with the same or similar materials and by the same or different teams.
 
However, each building project remains unique in key characteristics such as location, design, environment, situation as well as people involved in that project.
 
Projects are undertaken at all organizational levels. A project can involve a single individual or a group. A project can also involve a single organizational unit or multiple organizational units from multiple organisations.

Do you enjoy this article, add Our Posts to your Reading List.

Fact Check Policy

CRMNuggetsis committed to fact-checking in a fair, transparent, and non-partisan manner. Therefore, if you’ve found an error in any of our reports, be it factual, editorial, or an outdated post, please contact us to tell us about it.

Become Part of our fan base on Facebook. Click Here.
Follow Us on Twitter. Click Here.
Many Crypto. One place. UseRoqqu

Hi, I now use RavenBank to send, receive, and save money. I also pay my bills with ease, you should try it out too

OUR MISSION

To create well-reached content that will increase the intellectual prowess of our readers.

OUR VISION

To become a reference point in the blogging space by the year 2030. We want to be among the first 30 blogs in Nigeria.

Official Social Media Pages for crmnuggets.com

To Get Email Updates when we post new content, Click Here.

 

Loading

Related Posts

9 Checklists To Find A Good Web Hosting Company9 Checklists To Find A Good Web Hosting Company
9 Checklists To Find A Good Web...
  In my previous article, I talked about some of the...
Read more
What Separates The Average Job Seekers From The STANDOUT Candidates?What Separates The Average Job Seekers From The STANDOUT Candidates?
What Separates The Average Job Seekers From...
⁠ The average job seeker uses an OLD-SCHOOL approach:⁠ ⁠ Starting the job...
Read more
JosephJoseph
Joseph: Example Of An Excellent Youth.
  OPENING PRAYER: Father, please give me an excellent spirit like...
Read more
What Is Redemption. Adult Sunday School Manual.What Is Redemption. Adult Sunday School Manual.
What Is Redemption. Adult Sunday School Manual.
    WHAT IS REDEMPTION?     Memory Verse 1 Peter 1:18-19   Ye know that ye...
Read more
9 Elements Of A Good E-Commerce Website9 Elements Of A Good E-Commerce Website
9 Elements Of A Good E-Commerce Website:...
  In my previous articles, I have talked about some of...
Read more
ultimate dashboard proultimate dashboard pro
The Benefits of Ultimate Dashboard Pro
The Benefits of Ultimate Dashboard Pro     Are you looking for a...
Read more
Customer centricity and product centricityCustomer centricity and product centricity
Differences Between Product Centricity and Customer Centricity...
    At the end of this article, readers should be able...
Read more
Speaking In Unknown Tongues. RCCG Sunday School Manual.Speaking In Unknown Tongues. RCCG Sunday School Manual.
Speaking In Unknown Tongues. RCCG Sunday School...
  Memory Verse: "And these signs shall follow them that believe;...
Read more
CRMNuggets Whatsapp Channel
truehost
About Adeniyi Salau 1660 Articles
Adeniyi Salau is a highly dedicated and committed Blogger of repute. He likes sharing his IT knowledge with others. My desire is to impact as many lives as possible with my IT skills. You can download my mobile APP. Download the ICTLOAD APP on Google Playstore. Thanks.

Be the first to comment

Leave a Reply

Your email address will not be published.


*