3 critical activities in Managing a Project

Picture of Fremantle Port in Perth. Task are executed here with proper planning and
 following the 4 elements, as in this article.

Project management is a chain process of activity or a flow of  activity in ensuring a task is completed and meet the project sponsor and project owner requirement. A project owner might not be a project sponsor. 

Example, the owner of the project might be the state government but financed by the Federal Government. A simpler example, a wedding, the project owner might be the two bride to be but the financier or the project sponsor who finance mitt be the parents.

In being a project manager, these two parties must be satisfied to the project. And a project might be as big as a mega project in Oil and Gas and as small as wedding planning or a birthday party or even the annual anniversary celebration.

The question is how to ensure that the project will satisfy both parties, the project owner and the project sponsor. However it might also be only one party involve where the same party is the project owner and project sponsor.

In most books, the element or the important segments are:

a. Time: Project Schedule

b. Cost: Project Budget and expenses

c. Scope : the work scope; deliverable

In my experience, there is one more thing which important that is the quality. The question is how? Simple to say but need serious attention and focus. 

To ensure all the 3 elements are achieved or 4 as I mention the additional element (quality) is a proper monitoring and control. What to use? I will answer you, use the 7 QC Tools and intact, I have been using the control chart successfully. Remember; evaluation must be done periodically or as soon as any positive or negative spikes. 

Sample of control chart

The negative spikes is when it runs lower than the LLV (lower limit value) and positive spike is when the achievement is so good; beyond the target or even beyond the ULV (upper limit value). If you reed more or google the knowledge on using control chart, you will get what I meant by ULV and LLV.