If you've forgotten some of those basic project management principles you learned years ago, you could use a refresher. Here's a list of 10 project management principles you should always keep in mind - whether you're just getting started or you've been at project management for years.
Project Management Principles to Never Forget
Has it been a while since you thought about the project management lifecycle? Do you know what the most important documents for your project are? Can you remember the last time that you had to put together a quick solution to overallocated resources? It might be time to review the basic project management principles.
If you're new to project management, you might find that some of the project management principles have either escaped your experience, or that they weren't very clear.
Take this opportunity to get back to basics with me. Here are ten project management principles you will want to always keep in mind.
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3. Projects Have Three Constraints
These three constraints are commonly known as the "Project Management Triangle." These constraints are: Time, Scope, and Cost. It is commonly assumed that you cannot have all three. You should aim for the middle of the triangle, where the requirements are met in the least amount of time with the least amount of money.
6. Keep a Copy of the PMBOK or Prince2 Guide on Hand
While not technically a project management principle, you may find that having a copy of the guide going with your project management methodology is incredibly helpful. Invest in a copy of the PMBOK Guide or a copy of the Prince2 guide. You should understand that there are many different project management methodologies, but that these two guides define classic project management methods.
8. There are Project Management Tools That are Beneficial
Project management tools can help you manage your projects with ease. By familiarizing yourself with project management software, white boarding techniques, etc., you can help increase your skills as a project manager. Similarly, familiarity with important project management techniques like resource leveling, schedule crashing, and decomposing your project are beneficial.
9. Many Projects are Really Quality Improvement Efforts
Many of the projects you conduct will be quality improvement projects. A lot of these start out as product or process failures and a root cause analysis is performed. There are many methods for quality improvement including Total Quality Management, Six Sigma, and Lean Six Sigma.
10. Project Management Is Not Just for Companies
Finally, project management is not just for large companies. Many small businesses use project management techniques. Freelancers implement project management techniques. Individuals use project management techniques. Project management can be used to implement successful projects and get things done in a variety of industries and for a variety of purposes.