Project Management Framework
Basically, it is a combination of processes,
tasks, and tools used to transition a project from start to finish. An overview
of a generic process used by this framework is:
- Initiation:
when the project starts
- Planning:
when all of the key decisions are made
- Execution:
when project work actually takes place
- Control:
when adjustments are made to the plan
- Monitoring:
when project progress is checked
- Termination:
when the project comes to an end
Each stage of this process involves the
completion of many tasks by project team members using various tools. The generic process just described is a project's lifecycle from initiation to termination,
which is one part of the framework. Three parts of project management the framework is lifecycle, control cycle, and tools, and templates.
®
Project
Lifecycle: The project lifecycle, as shown below,
provides guidance on the common stages and steps which apply to all projects.
The aim is to establish a common framework for the management of projects. They
vary in detail from organization to organization.
® Project Control Cycle: The project lifecycle describes what needs to be done at each stage and the project control cycle describes how each stage is planned and managed. The control cycle ensures that each stage has the appropriate plan, controls, and corrective actions in place.
Template and Tools: Simple tools and templates support the implementation of project management within an organization. Making these relevant to the size, risk, and scope of the project is essential to ensure they are effective in supporting the project managers.


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