Business Management and Application For Architectu

BUSINESS MANAGEMENT
AND APPLICATION FOR

ARCHITECTURE
PROJECT MANAGEMENT
SUBMITTED BY:
LONGOS,RUNAMIE B.
Project Management:
What Is Project Management?
Project management involves the planning and organization of a company's resources to move a specific task,
event, or duty towards completion. It can involve a one-time project or an ongoing activity, and resources
managed include personnel, finances, technology, and intellectual property.
Project management is often associated with fields in engineering and construction and, more lately,
healthcare and information technology (IT), which typically have a complex set of components that have to be
completed and assembled in a set fashion to create a functioning product.
No matter what the industry is, the project manager tends to have roughly the same job: to help define the
goals and objectives of the project and determine when the various project components are to be completed
and by whom. They also create quality control checks to ensure completed components meet a certain
standard.
KEY TAKEAWAYS
 On a very basic level, project management includes the planning, initiation, execution, monitoring, and
closing of a project.
 Many different types of project management methodologies and techniques exist, including traditional,
waterfall, agile, and lean.
 Project management is used across industries and is an important part of the success of construction,
engineering, and IT companies.
Understanding Project Management

Generally speaking, the project management process includes the following stages: planning, initiation,
execution, monitoring, and closing.
From start to finish, every project needs a plan that outlines how things will get off the ground, how they will
be built, and how they will finish. For example, in architecture, the plan starts with an idea, progresses to
drawings, and moves on to blueprint drafting, with thousands of little pieces coming together between each
step. The architect is just one person providing one piece of the puzzle. The project manager puts it all
together.
Every project usually has a budget and a time frame. Project management keeps everything moving smoothly,
on time, and on budget. That means when the planned time frame is coming to an end, the project manager
may keep all the team members working on the project to finish on schedule.
Types of Project Management

Many types of project management have been developed to meet the specific needs of certain industries or
types of projects. They include the following:
1. Waterfall Project Management

This is similar to traditional project management but includes the caveat that each task needs to be completed
before the next one starts. Steps are linear and progress flows in one direction—like a waterfall. Because of
this, attention to task sequences and timelines are very important in this type of project management. Often,
the size of the team working on the project will grow as smaller tasks are completed and larger tasks begin.
2. Agile Project Management

The computer software industry was one of the first to use this methodology. With the basis originating in the
12 core principles of the Agile Manifesto, agile project management is an iterative process focused on the
continuous monitoring and improvement of deliverables. At its core, high-quality deliverables are a result of
providing customer value, team interactions, and adapting to current business circumstances.
Agile project management does not follow a sequential stage-by-stage approach. Instead, phases of the
project are completed in parallel to each other by various team members in an organization. This approach
can find and rectify errors without having to restart the entire procedure.
3. Lean Project Management

This methodology is all about avoiding waste, both of time and of resources. The principles of this
methodology were gleaned from Japanese manufacturing practices. The main idea behind them is to create
more value for customers with fewer resources.
There are many more methodologies and types of project management than listed here, but these are some
of the most common. The type used depends on the preference of the project manager or the company
whose project is being managed.
Example of Project Management

Let's say a project manager is tasked with leading a team to develop software products. They begin by
identifying the scope of the project. They then assign tasks to the project team, which can include developers,
engineers, technical writers, and quality assurance specialists. The project manager creates a schedule and
sets deadlines.
Often, a project manager will use visual representations of workflow, such as Gantt charts or PERT charts, to
determine which tasks are to be completed by which departments. They set a budget that includes sufficient
funds to keep the project within budget even in the face of unexpected contingencies. The project manager
also makes sure the team has the resources it needs to build, test, and deploy a software product.
When a large IT company, such as Cisco Systems Inc., acquires smaller companies, a key part of the project
manager's job is to integrate project team members from various backgrounds and instill a sense of group
purpose about meeting the end goal. Project managers may have some technical know-how but also have the
important task of taking high-level corporate visions and delivering tangible results on time and within budget.

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BUSINESS MANAGEMENT

AND APPLICATION FOR

Understanding Project Management

Types of Project Management

1. Waterfall Project Management

2. Agile Project Management

3. Lean Project Management

Example of Project Management

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