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ICT tools for the implementation and management of European projects

Planning project structure, methodology and resources

Project management is a process in which the project leader conducts targeted planning and control of project tasks and allocates the resources available to the project using appropriate techniques and methods in order to achieve the imposed requirements within a specified period and at a specified cost.

The Project Management Cycle Model (PMLC) is a set of processes that consists of:

  • Project Initiation – The aim of the Initiation phase is to decide on the implementation of the project and to allocate the necessary resources for this purpose. In this stage you need to develop a business case, identify stakeholders, establish the project charter, review the project for the next phase etc.,
  • Project Planning – Define detailed objectives, scope and implementation plan for the project. In this stage, you need to set goals and objectives, create a project schedule and milestones, define a project scope, identify and meet stakeholders for approval, etc.,
  • Project Execution – In the implementation phase, the most important thing is to effectively manage the project team. In this stage, you need to develop the product, service or results and present the final version to the customer.
  • Project Monitoring and Control – Project Monitoring and Control is essential for a successful project, in this stage you can track, review and regulate the progress of your project.
  • Project Closure – In this phase, you need to ensure that all the required work has been carried out and completed and that the objectives have been achieved, and collect the conclusions and comments from the project in order to use them for subsequent work. The final project in this stage needs to be delivered and accepted by the customers.