Overview
- Creates and delivers the end product or service.
- Executes the tasks in the schedule.
- Relies heavily on the plans from the Plan Stage to control the project.
- Expends most of the project resources.
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1. Hold Project Team Kick-Off Meeting
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This Kickoff Meeting brings team members together to review the Project Plan and to discuss the management methods to be used in the Execute and Control Stage. |
2. Manage Project Execution
- 2.1 Manage scope & requirements
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This activity controls what is and what is not included in the project based on the scope and requirements defined in the Project Charter.
When the deliverables change during the course of the project the current budget and deadlines are adjusted to reflect the additional work. The new estimated cost, effort and duration become the approved baseline for the project.
Managing changes to project scope and requirements is guided by the change management process in the Change Management Plan. |
- 2.2 Manage roles
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This activity ensures the project is effectively staffed and the project team is motivated to do the assigned work. Role management activities include:
- Building and managing (leading) the entire team
- Developing team member skills to enhance performance
- Adjusting staff to meet changing situations
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- 2.3 Manage schedule
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Managing the project schedule is an ongoing activity to make sure the project is meeting deadlines and providing deliverables on time.
The project schedule is used to monitor progress and keep the project on track. When significant variances occur, the schedule is updated and appropriate actions are taken. |
- 2.4 Manage budget
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Managing the project budget is an ongoing activity that answers the question: “Are we spending what we expected to spend based on how the project is proceeding?” The goal is to keep costs within the budget estimates. This requires monitoring all costs associated with the project and taking corrective actions when variances occur.
During the Planning Stage an agreed-upon baseline budget is created for the project. The project manager uses this baseline to track expenditures and measure the performance of the project. |
3. Control the project
4. Prepare for Support Transition
Under construction – Target date to be determined
5. Accept project
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This activity formally acknowledges that all deliverables from the Execute and Control Stage are completed, accepted, and approved by the project sponsor and the project customers. It acknowledges the successful hand-off of the product or service to the customer.
Formal acceptance and approval signifies that the project is essentially over and is ready for the Close Stage. |
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Updated March 15, 2007 - v2.2