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  • Adopt a formal and structured approach - Projects should be broken down into stages with a control and review checkpoint at the e
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    Good and successful Project Management requires the adoption of and strict compliance with best practice Project Management Principles. Essentially there are 12 Key Project Management Principles which for convenience can be listed in 3 distinct categories as follows:

    1. Business Principles;
    2. People Principles;
    3. Control Principles;

    Business Principles

    • Ensure that all projects support the business strategy- All projects should have clear objectives that will deliver real and identifiable benefits to the business.
    • Adopt a formal and structured approach - Projects should be broken down into stages with a control and review checkpoint at the en
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      ey Project Management Principles which for convenience can be listed in 3 distinct categories as follows:

      1. Business Principles;
      2. People Principles;
      3. Control Principles;

      Business Principles

      • Ensure that all projects support the business strategy- All projects should have clear objectives that will deliver real and identifiable benefits to the business.
      • Adopt a formal and structured approach - Projects should be broken down into stages with a control and review checkpoint at the e
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      • People Principles;
      • Control Principles;
      • Business Principles

        • Ensure that all projects support the business strategy- All projects should have clear objectives that will deliver real and identifiable benefits to the business.
        • Adopt a formal and structured approach - Projects should be broken down into stages with a control and review checkpoint at the e
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          ure that all projects support the business strategy- All projects should have clear objectives that will deliver real and identifiable benefits to the business.
        • Adopt a formal and structured approach - Projects should be broken down into stages with a control and review checkpoint at the e
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          iness.
        • Adopt a formal and structured approach - Projects should be broken down into stages with a control and review checkpoint at the end of each phase to ensure that the project is still viable.
        • Define the project at the outset - Time spent at the start of the project defining the business needs, the products required and planning how they are to be delivered, is always time well invested.
        • Balance the project targets - The Project Manager should establish and manage a judicious balance between product, schedule and cost targets.
        • Assess project risks - Identify all risks in the early stages of the project and actively manage them during the life of the project.

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