Academic Journal
Project Planning and Best Practices.
| Title: | Project Planning and Best Practices. |
|---|---|
| Authors: | Allen, Mark1 mha44@drexel.edu, McLees, Jason1 jcm387@drexel.edu, Richardson, Crystal1 cr623@drexel.edu, Waterford, Dedrick1 dsw55@drexel.edu |
| Source: | Journal of Information Technology & Economic Development. Apr2015, Vol. 6 Issue 1, p1-15. 15p. |
| Abstract: | Successful organizations incorporate project planning and best practices into their business models. Such organizations use project planning and best practices to ensure they are being the most efficient, effective, and sustainable they can be. The Project Planning and Best Practices study documents the project planning process; defines the key elements of the usual project plan and risks associated with not addressing each element appropriately; and offers some industry best practices to mitigate those risks. The high tempo of most contemporary, professional projects engenders a demanding environment that allows little margin for failure to mitigate these risks. The study's methodology included major books, an on-line article, and a personal interview on project management, project planning, and industry best practices as well as the authors' own professional experiences at NASA, the U.S. Army, the U.S. Coast Guard, and Computer Sciences Corporation. It referenced internationally accepted resources and practices that are readily available to aspiring project managers. Further, it examined risks of not addressing the planning process and not implementing best practices within an organization. The study determined that virtually every step in professional project management includes project planning, and that the key elements of a project plan include project requirements; project management; project schedules; facility requirements; logistic support; financial support; and manpower and organization. Failure to effectively address each of these elements invites risk that can lead to project failure. After studying this paper, the reader should have a clear understanding of how to properly plan a project and use best practices. [ABSTRACT FROM AUTHOR] |
| Subject Terms: | *Strategic planning, *Organizational research, *Business success, *Business models |
| Company/Entity: | United States. Coast Guard |
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| ISSN: | 2153974X |
| Database: | Business Source Complete |
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