The Project Management Process is a Project Management by .
NASA Program and Project Management Processes and Requirements
However, there are few wrinkles in the growth story. AEC firms cite low profit margins as the number one business pressure. Many AEC firms lack standardized and consistent processes for managing projects. Project management processes are highly variable because of differences in customer and business needs, and cultural variations of different local offices. Performance review and reporting of projects is also highly variable. For example, earned value management (EVM) is an increasingly important performance methodology for AEC firms — yet many firms lack a common and consistent approach for measuring and monitoring the health of projects.
Figure 2. Project plan management process flow
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With the project life cycle in mind, we describe the project management process as a phase model. There are four project management phases or major project management steps:In section , we will describe how we create a detailed project plan with enough flexibility for changes in later phases. Emphasis lies on the core project management process, risk management process, and contract management process. Additionally, we indicate how we, as project managers, can involve into the proposal management process and benefit from it, and how to include the quality management process.The following picture illustrates the project management controlling cycle which will guide us through the whole project management process, from the first steps into defining the project, all the way to the last steps of closing the project.Companies that combine standardized project management processes with the right technology drive significantly better outcomes than their peers. These include improved project team productivity, lower project losses, and a higher instance of projects that get completed on time and under budget. 1. Standardized core project management processes across the enterprise: Business units and verticals in many AEC companies follow different methods and templates for managing projects. Many of these process variations are critical to meet the needs of specific customers and markets. However, these process variations can lower project margins and performance. For instance, a lack of standardization and automation in change management can reduce management’s ability to track, control and consistently price changes requests and manage scope creep, resulting in lower margins and increased project risks. AEC companies can leverage an integrated and centralized project management platform to foster standardization of processes such as change management, scheduling, costing, and project reporting. Formalized processes and automation can also help scale the business.Through Lotus Notes, Tracker Suite® streamlines the project management process, by providing Web enabled solutions for , and , as well as a .