Project Management in IT Industry Essay Example | Topics and Well Written Essays - 2250 words

Project Management in IT Industry - Essay Example An information technology project has four dimensions referred commonly as Four P’s. These four dimensions include people, process, product and project. People are the human beings used in the project activities. They are organized into effective teams, motivated to perform top quality work and coordinated to fulfill effective communication. Process is the methodology used for managing the activities and getting the tasks completed on time to achieve the set goals and objectives. Product is the needs of the customers constituted into tasks and positioned for action by the software team. Project is the IT enabled services or organization that enables success of the product, process and people (Ahmed 2009)There are three factors which are traded in the management of project. The first factor is time, second is cost and the third is performance. A project is successful only if it is completed on time, meets the performance requirements and it is well within the budget. There are three constraints in managing an IT project that impacts the quality; the project scope, time and cost. All the three constraints determine the quality of the project Appendix A gives illustration of trade-off amongst these three constraints to achieve the quality in the form of a triangle.It is not only important to manage project scope, time and cost but also it is essential to manage the project quality, communication and risks. Quality is the attainment of product or service as per defined specifications.... Product is the needs of the customers constituted into tasks and positioned for action by the software team. Project is the IT enabled services or organization that enables success of the product, process and people (Ahmed 2009) There are three factors which are traded in the management of project. The first factor is time, second is cost and the third is performance. A project is successful only if it is completed on time, meets the performance requirements and it is well within the budget. There are three constraints in managing an IT project that impacts the quality; the project scope, time and cost. All the three constraints determine the quality of the project Appendix A gives illustration of trade-off amongst these three constraints to achieve the quality in the form of a triangle (Ahmed 2009) It is not only important to manage project scope, time and cost but also it is essential to manage the project quality, communication and risks. Quality is the attainment of product or se rvice as per defined specifications. Communication is the exchange of messages amongst the project stake-holders. Risks are the uncertainties associated with the project scope, time and cost (Ahmed 2009) Scope Management Project Scope is the area of work bound by cost and time. The success of the project mostly depends on the understanding of the tasks to be included and excluded from the work-load of the project. It is therefore essential that the scope of the project or in simple words the work-load to be done in a project is well defined and properly comprehended (Warner 2010) Defining scope of the project is the first thing in project management. The quality, cost, time, risks and communication depend heavily on the description of project