Saturday, 1 February 2025

Project Execution

 

. Introduction to Execution

  • Execution is the phase where actual work is done.
  • It follows the planning phase and is guided by the Project Management Plan (PM Plan).
  • Example: If a team planned to build a website, execution involves designing, coding, and launching the website.

2. Execution Processes (10 Total)

The execution phase consists of 10 processes that focus on completing project deliverables.

Key Execution Processes:
  1. Direct and Manage Project Work (Integration Process)

    • Ensuring all project activities are executed as per the PM Plan.
    • Example: A software development team starts coding the application as per the technical specifications.
  2. Manage Project Knowledge

    • Capturing and sharing knowledge gained during execution.
    • Example: Creating documentation on best coding practices during software development.
  3. Manage Quality

    • Ensuring deliverables meet quality standards.
    • Example: Running QA tests on an app before deployment.
  4. Acquire Resources

    • Obtaining required team members, tools, and materials.
    • Example: Hiring additional developers or purchasing cloud storage for an IT project.
  5. Develop and Manage Team

    • Training, coaching, and motivating the project team.
    • Example: Conducting scrum meetings to ensure developers stay aligned with project goals.
  6. Manage Communications

    • Ensuring stakeholders receive necessary project updates.
    • Example: Sending weekly progress reports to clients or investors.
  7. Implement Risk Responses

    • Taking actions to mitigate identified risks.
    • Example: If a server crash is a risk, setting up automatic failover to prevent downtime.
  8. Conduct Procurement

    • Selecting vendors and managing contracts.
    • Example: Choosing a cloud provider (AWS/Azure) for hosting an application.
  9. Manage Stakeholder Engagement

    • Keeping stakeholders informed and involved.
    • Example: Holding regular stakeholder meetings to update on progress.

3. Execution and Monitoring & Controlling Work Together

  • Execution is not done in isolation—it must be monitored and controlled.
  • Example: A project manager tracks project milestones to ensure work stays on schedule.
  • If execution deviates from the plan, adjustments are made through change control processes.

4. Next Steps

  • After execution, the project moves into Monitoring & Controlling to ensure everything stays on track.
  • Next, we'll cover how to monitor progress, identify deviations, and take corrective actions.

Key Takeaway: Execution = Doing the Work

Think of execution as the hands-on phase:

  • Building the house (construction project)
  • Writing the code (software project)
  • Producing the product (manufacturing project)

Execution is where the planning turns into action!

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