Project which has to be updated throughout

Project Integration
Management lies under the Knowledge Area. It blends the process groups and
the ten knowledge areas together to capture the success in project’s objective.
In this knowledge area all the processes get integrated. Key features are: Explanation,
Combination, Unification (these processes have dependence on each other) and
Co-ordination. It’s the most significant efforts carried out by the project
manager in integration management. Integration knowledge area involves all
other process groups, it’s the only knowledge that does. The following are the
processes:

·        
Initiating:
This includes develop project charter. The role of project charter outlines the
purpose of project like summary budget, milestones, high level project
description and high level requirement. Generally, this document is generated
by project sponsor. Without this document it would be bit tricky to manage the
project successfully. It’s the first document produced in project.

Best services for writing your paper according to Trustpilot

Premium Partner
From $18.00 per page
4,8 / 5
4,80
Writers Experience
4,80
Delivery
4,90
Support
4,70
Price
Recommended Service
From $13.90 per page
4,6 / 5
4,70
Writers Experience
4,70
Delivery
4,60
Support
4,60
Price
From $20.00 per page
4,5 / 5
4,80
Writers Experience
4,50
Delivery
4,40
Support
4,10
Price
* All Partners were chosen among 50+ writing services by our Customer Satisfaction Team

·        
Planning:
This includes develop project management plan in which all secondary plans are
being co-ordinate, well-explained and prepared. It explains how the project is
executed, monitored and controlled, and closed. It includes every planning
document that’s referred as plan. The plan also includes three base lines i.e.
cost baseline, schedule baseline and scope schedule baseline. It’s the living
document which has to be updated throughout the life of a project. The plan is
approved by all relevant stakeholders.

·        
Executing:
This include Direct and manage project work, and manage project knowledge. In
this, real focus is on delivering the deliverables. It’s process of performing
about work done in the plan to achieve project’s objective. In this process
majority of time spend by the time in working out.

·        
Monitoring
& controlling: This include Monitor and control project work, and
perform integrated change control. The first process is about reviewing, tracking
and regulating progress to meet performance objectives defined in the plan. Key
benefits of this process is it allows stakeholders to understand:

§ 
Current scenario of the project

§ 
Steps taken

§ 
The budget, schedule and scope forecast.

The second process is integrated
change control in which it allows for the changes within the project to be
considered in integrated manner to reduce project risks. It is conducted from
project perception through project completion. It doesn’t matter if it’s big or
small change at minimum time is required to document the change. Generally,
it’s a process of handling all change requests, approving changes and managing
changes to deliverables, operational process assets and project documents.

 

·        
Closing
phase: This process is about project team delivering the final products or
service or results whichever is expected from the project. In this, project
manager reviews all the prior information from previous closed phases to ensure
project work is completed and objective has been achieved. And also if the
project is executed, this allows investigating and documenting why the project
got terminated? It’s carried out when,

§ 
At end of every phase

§ 
At end of the project

§ 
If project got terminated before completion.

 

The organizational process
assets updated as a result of close process include:

·        
Project file

·        
Phase closure documents

·        
Lessons learned.

Stakeholders:
Stakeholders have vested interest in the company. Generally it has two
categories,

·        
Internal
Stakeholders: They are employee, managers and owners or shareholders.
Mainly they work for the business directly but if something happens to the
project, they will be affected. For instance, managers rely on bonus if the
will increase the profits to be sure they’re going to get their bonuses and
owners want best to their project so they can make more money.

·        
External
Stakeholders: It includes customers, supplies, government. They are
involved with the project but not directly. For example, customers are
interested in quality of product or services and suppliers are interested in
success and stability, and therefore, they’re going to get more business from
their customer and then the government are interested in the projects because
not only they collect revenue from that and also provide employment to people.

 

When I’m assigned as a project manager my duty would be to
follow every rule that I’ve read theoretically so I’ll be following all the
processes mentioned above in integration management so that the outcomes of the
project should be in successive aspect. With the results of the project, consumers
would be satisfied when all requirements are being fulfilled during the
execution period.