IT510_Module2_Overview.pdf - Module One introduced the role...

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IT 510 Module Two 1 Module One introduced the role of a systems analyst and the overall process flow of a project. Module Two will present details of creating and managing a project plan. Many organizations have a department in IT dedicated to project management called a Project Management Office (PMO). The team is staffed with PMPs that typically run three to five projects concurrently. A project manager follows a defined project management methodology, which includes phases similar to those described below. The first phase, initiation, is the phase in which the project is defined and approved to initiate. High-level dollar and resource budgets are estimated and management approval occurs in this phase of the project methodology. Phase two is planning. Following the approval, an initial planning phase begins to put tasks and timelines with cost and resource budgets. Management works with the project manager at this level to develop the planning for the project. Management approval is needed to complete this phase so that resources can be committed. The third phase is executing. Following the approval of the planning phase, the project begins executing. Resources are assigned, dollar purchases for hardware and software are made, and the project is underway. Controlling, the fourth phase, runs concurrently with executing and is an overseeing method to ensure that the execution is on time and on budget. As the project hits issues and requires adjustments, the controlling phase has tools and techniques to replan and continue moving forward. The final phase is closing. After the project has been delivered to production and execution is completed, the
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