Key Elements of Enterprise Project Management.pptx
- 2. 1. RISK ANALYSIS SKILLS Risk analysis in enterprise project management involves identifying, assessing, and managing potential risks that could impact the project's objectives. This process includes evaluating both internal and external factors that might affect project progress, budget, or quality.
- 3. 2. STRUCTURED ESTIMATING KNOWLEDGE Project estimation, which involves estimating project costs, resources, and duration, is an essential part of project management. EPM establishes guidelines for structured estimating for project managers.
- 4. 3. PROJECT REVIEWS SKILLS One effective method employed during project reviews involves categorizing various project aspects, such as delivery, client management, team, and budget, with colors denoting their importance level (red/yellow/green).
- 5. 4. PROJECT MANAGEMENT COACHING KNOWLEDGE Managing projects can be a challenging role without proper training and resources. Enterprise Project Management Offices (EPMOs) support Project Management Offices (PMOs) by offering training programs that enable project managers to acquire the necessary technical and managerial skills.
- 6. 5. ESCALATED ISSUE MANAGEMENT SKILLS Escalated issue management refers to handling critical problems that cannot be resolved at lower levels of the project hierarchy. Project managers escalate these issues to higher management or designated authorities for resolution.
- 7. 6. TIME TRACKING KNOWLEDGE Time tracking is a widely recognized approach for monitoring, strategizing, and overseeing projects, offering benefits at the project-specific and organizational levels. In many cases, EPM is entrusted with creating or deploying a time-tracking system aligned with the organization's objectives
- 8. 7. INFORMATION SYSTEM MANAGEMENT SKILLS Information system management in EPM includes selecting appropriate project management software, ensuring data security, integrating different software applications, and optimizing the use of technology to facilitate project communication, collaboration, and documentation.
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