In order for a project to be successful the project team mus

In order for a project to be successful, the project team must:

Select appropriate processes within the Project Management Process Groups (also known as Process Groups) that are required to meet the project objectives

Use a defined approach to adapt the product specifications and plans to meet project and product requirements

Comply with requirements to meet stakeholder needs, wants and expectations

Balance the competing demands of scope, time, cost, quality, resources, and risk to produce a quality product.

The PMBOK (2013) documents information needed to initiate, plan, execute, monitor and control, and close a single project, and identifies those project management processes that have been recognized as good practice on most projects most of the time. These processes apply globally and across industry groups. Good practice means there is general agreement that the application of those project management processes has been shown to enhance the chances of success over a wide range of projects.

Therefore what other tools and techniques used in the process could be considered to be good management practice?

Solution

For the better project management process the following things are necessary:

1. Focus on the making of organizational objectives

2. Team building and involving efficient working nature

3. Analysis of the project by overcoming its constraints

4. Co-operative working and timely delivery of the work

5. Implementation of the organization work culture

6. Knowing the customers need is the prime factor to design a process

To meet the requirements in the product, the main thing is the market analysis it helps the organization to decide the planning process. The market always changes its standards so it is necessary to know the market; the customer seeks for the new trends in the product. As a product comes in the organization it makes a new impression in the market, so it is necessary to do a market research for getting the exact approach in the organization.  

The requirements of improving the quality, time, cost, other stakeholder’s needs and expectations are required to be always focused to rule the organization. The organization has many standards which require being handled in a strategic way like the prime important part are the quality and cost both influences the customer to visit again in the organization.

Good management practices:

1. Standard ethical environment in the organization

2. Planning work process with pre-determined targets

3. Designing or model of flow charts, it gives the steps to follow in the organization\'s process so that no target left behind and all should get fulfilled within the specified limits

4. Legal policies and employee benefits are the prime important part of the organization which is necessary for the employee