Who should be involved in managing a project

The people brought together to commission, manage, fund, specify, build, test, use and benefit from a project's outcome must together have the skills, knowledge, experience and personal attributes necessary to carry out the project successfully, no matter how demanding the circumstances become.

There needs to be general agreement on who:

e defines what is required; e provides the budget; e directs the people involved in the project; e authorises changes; e manages the day-to-day work.

Projects are a means to create value or achieve desired change and should not exist independently from the business that commissions them. Once its business plan has been developed, the company needs a management team to oversee the whole portfolio of projects. During the year it should:

e identify further opportunities; e commission projects; e prioritise resources; e secure funding; e realise benefits.

Better Business Planning

Better Business Planning

A business plan is an essential document for anyone commencing a new business, already in business and critical for anyone seeking funding from a venture capitalist. The business plan needs to be comprehensive, well thought and should contain sound business reasons. You can get all the info you need here.

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