Understanding The Project Execution in Project Management Process
Project execution is a crucial phase in the project management process where the planned activities are implemented and controlled to achieve the project objectives. Understanding the project execution process and effectively managing its various aspects are key to successful project delivery. In this article, we will delve into the essential elements of project execution in project management.
What is the Definition of the Project Execution Process?
So let’s discuss project execution, meaning: work, outputs, and deliverables all supported by the executing processes of a project. Most of the project activities are completed during the execution phase, as deliverables are finalized and presented to the client.
The Purpose of the Project Execution Process
Executing Process Group
- The purpose of the Project Execution Process group is to complete the work defined in the project plan and to meet project objectives.
- Executing the project plan
Focuses on:
- Managing people
- Following processes
- Distributing information
During the execution phase of a project, the team works to complete objectives directed by the project scope.
The order of events, tools, materials, and equipment that will be used during the project are all accounted for during the planning stage. Once these plans are finalized, they are executed during the project execution process. If you have done a good job planning for the project, this phase will not be difficult and the client will likely be happy with the results. Keep in mind that weaknesses during the planning process will negatively affect the final outcome. Weaknesses include going over budget, missing deadlines, or producing a final product that is not up to code.
1. Implementing the Project Plan
During the project execution phase, the project plan is put into action. This involves executing the defined tasks, assigning resources, and ensuring that the project activities are carried out as planned. It is crucial to have clear communication channels and regular coordination to ensure smooth project implementation.
2. Managing Project Resources
One of the critical aspects of project execution is resource management. This includes effectively allocating and managing project resources such as human resources, equipment, and materials. Proper resource management ensures that the right resources are available at the right time, maximizing productivity and minimizing delays.
3. Monitoring Project Progress
Continuous monitoring of project progress is essential to ensure that the project is on track. Project managers should establish appropriate monitoring mechanisms to track the progress of tasks, milestones, and overall project performance. This allows for early identification of issues and timely corrective actions.
4. Managing Risks and Changes
Risks and changes are inevitable in any project. Effective project execution involves proactive identification and management of risks. Project managers should have a robust risk management plan in place to identify potential risks, assess their impact, and develop appropriate mitigation strategies. Similarly, changes in project scope, schedule, or requirements should be carefully evaluated and managed to avoid disruptions.
5. Ensuring Quality Control
Quality control is crucial during project execution to ensure that deliverables meet the defined quality standards. Project managers should establish quality control processes and conduct regular inspections and reviews to verify the quality of work. Any deviations or non-conformities should be addressed promptly to maintain high-quality project outcomes.
6. Managing Stakeholder Engagement
Engaging stakeholders throughout the project execution phase is vital for project success. Project managers should maintain open lines of communication, involve stakeholders in decision-making, and address their concerns and expectations. Effective stakeholder management fosters collaboration and support, enhancing project outcomes.
Why Are Meetings Important in Project Execution?
- Meetings are important in the executing process group
During meetings:
- Review risks
- Upcoming contingency plans
- Do not only discuss status or what is done
Every good project manager knows that meetings are important. Various types of meetings can be executed in order to convey different levels of information to the appropriate parties. For example, project team meetings will be a time to cover project activities and specific problems the team is facing. Executives and stakeholders will be in attendance for the delivery of high-level information.
What is Done During the Meetings in Project Execution?
- Risks are reviewed. If there is a possibility that our risk will occur, the project team must take action in order to plan for the intended impacts of said risk. For example, if one of your project team members resigns halfway through the project, you will need to coordinate a handover system to ensure all parts of the project still get completed.
- A contingency plan to analyze the loss created by this cost must be completed.
- Do not only discuss the status or what is done. Keep in mind that meetings are not only for giving stakeholders and team members updates on the current status of the project. Try to make your meetings more interactive by presenting challenges, risks, successes, and best practices that your team is following to ensure excellent completion of the project.
When Should You Start the Project Execution Process?
Reasons to start executing process:
- Project planning is completed
- Integrated change control results in a changed project management plan
Here are the two reasons for beginning the execution phase in the PM process:
- Reason #1: Project planning is completed. Once the planning stage is over, PMs seek approval of the project scope from stakeholders. The project execution process begins with the first few steps that have been outlined in the planning stage.
- Reason #2: Integration of change control, resulting in a changed project management plan. For example, if a change request has been approved, it must be implemented by the PM team. In order to begin the change process, the PM plans are revised and re-evaluated. Next, the execution process is started in order to finalize the approved project change.
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Conclusion
The project execution phase plays a critical role in project management. By understanding and effectively managing the key aspects of project execution, project managers can ensure successful project delivery. By implementing the project plan, managing resources, monitoring progress, addressing risks and changes, ensuring quality control, and engaging stakeholders, project managers can navigate the project execution phase with confidence and achieve project objectives.
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