Project & Change Management
Project management is the discipline of planning, organizing and managing resources to bring about the successful completion of specific project goals and objectives. A project is a finite endeavor (having specific start and completion dates) undertaken to create a unique product or service which brings about beneficial change or added value. This finite characteristic of projects stands in sharp contrast to processes, or operations, which are permanent or semi-permanent functional work to repetitively produce the same product or service. In practice, the management of these two systems is often found to be quite different, and as such requires the development of distinct technical skills and the adoption of separate management philosophy, which is the subject of this article.
The primary challenge of project management is to achieve all of the project goals and objectives while honoring the project constraints. Typical constraints are scope, time and budget. The secondary—and more ambitious—challenge is to optimize the allocation and integration of inputs necessary to meet pre-defined objectives. A project is a carefully defined set of activities that use resources (money, people, materials, provisions, communication, motivation, etc.) to achieve the project goals and objectives.
F1’s typical project management methodology includes the following phases:
- Initiation
- Planning or development
- Production or execution
- Monitoring and controlling
- Closing
F1 employs different project management approaches for different instances, depending on a wide range of factors including, the nature of project, complexity, size, timeframe, end-product quality level, industry & market, business process etc.
- The traditional approach
- Critical Chain Project Management
- Extreme Project Management
- Event chain methodology
- PRINCE2
- Process-based management
- Rational Unified Process
All F1 project/program managers are PMP or PRINCE2 certified.
Change management is a structured approach to transitioning individuals, teams, and organizations from a current state to a desired future state. The current definition of Change Management includes both organizational change management processes and individual change management models, which together are used to manage the people side of change.
The 3 key stages in any change management strategy are:
- Unfreeze
- Change
- Freeze
F1’s change management team is an expert in the following areas of IT Project Change Management:
- Communication
- Business process design
- Training
- Organization design
