Project team is a group of members, which are expert in field and perform task for the success of project. For successful project management project team plays an important role. Success or failure of the project totally depends upon the team members, who design and build the project.
Business is a term which is related to the is related with the production if good and selling of good to earn the profit. Project Life Cycle from the business view is related with the Production of the Product to the selling of the product.
In a Company or Organization Management is an act by using which all the activities are organized with a specific manner to achieve the desired target or goal. There are certain Management functions like planning, staffing Directing, reporting, Budgeting etc.
Today each organization has their own strategy to follow good management practices to achieve the goal of the project undertaken by them. It is imperative that projects are manage to win the confidence of stake holders, realize efficiency and effectiveness in all phases of the project and to improve the life cycle of the projects.
A good product requirement document is very important for a good Quality product. Through out the product life cycle, Product Requirement Document (PRD) has a great role. It is generally created by the domain expert or subject matter expert of the product owner company. It it is an existing product, company can take the feedback of the product from the end users and users can contribute to enhance the Quality of the product.
As per PMI’s PM BOK, there are 9 knowledge areas covering total of 42 processes related to all five phases of the project life cycle. These five phases are not process groups.
Metrics collection is an excellent way track the project, measure the performance. Software metrics provides objective information to help the project managers to do:
Different Software Development models have different features and properties. Selection of the software development model depends on the nature of project and client. Here, I will try to give a comparison of various software development models with three parameters:
1. Contribution to Quality
2. Risks Associated
3. Context of adoption
Model Name: Waterfall Model
Contribution to Quality: Phase End Checks
Risks Associated: Expects a task to be well done in the first go
Context of adoption: When the requirements are structured and competence is high
The word PROJECT comes from the Latin word PROJECTUM from the Latin verb PROICERE; which means “to throw something forwards” which in turn comes from PRO-, which denotes something that precedes the action of the next part of the word in time and ICERE, “to throw”. The word PROJECT thus actually originally meant “something that comes before anything else happens”.