Project Management Tools
Technology -- Management, Project management -- Research, Product life cycle, Business planning
A project is a specific venture that has a clear start and a finish in order to accomplish a set of predefined goals through a sequence of predetermined processes. Project management is the art or the discipline to ensure that the project can be successful, through a seamless performance of orderly arranged activities and phases resulting in project deliverables .
This paper is based on a case study of what are the tools or methodologies are available for the different stages in the project life cycle, what are the different project management methodologies and tools employed in the different stages of the project life-cycle. These tools are considered to be very useful in guiding the whole organization into the same direction. Despite the acknowledged fact that projects in any organization should support the overall strategy of the organization, it was noticed that the usage of the tools in the project life cycle was rare projects rarely use these tools.
The paper also seeks to see if the size of the organization was representative of the level of project management maturity in the use of processes and tools during the project life cycle. The paper also looks at the nature of the industry to see if that has a bearing on the processes or tools in use in the organizations that fall under each industrial category analyzed. The paper also tries to compare project management processes in those projects that are mainline to the business and those that are ancillary to the business. Lastly, the paper also touches upon what are the trends in methodologies that project managers have to be aware of when embarking on the utilization of processes or tools for a project.
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Thirumalai, Mukundan; Katarya, Nitin; and Singh, Neelu, "Project Management Tools Employed in Various Industries" (2010). Engineering and Technology Management Student Projects. 781.