Conceptualising & Initialising the Project

Conceptualising and initialising the project --> Business Case
Develop the project plan and charter --> Project Charter and Plan
Execute and control the project --> product
Project closer --> Final reports
Project Evaluation --> Project evaluation and lesson learnt

IT project management methodology
Strategic level plan for managing and controlling the IT projects.
This has phases, deliverables, processes, tools, etc

Project management methodology
1.Conceptualising and initialising – Develop the business case
2.Develop project charter and detail plan
3.Execute and control the project
4.Project closer
5.Project evaluation

The Business Case
This is the first deliverable in the project life cycle. This has information about organisation value, feasibility, cost, risks and benefits of several proposed alternatives. This gives enough information for the senior managers whether this project is funded.

The process of developing the business case
1.Select the core team – Team is selected to develop the business case. If possible, this team must have many of stakeholders, managers, business specialists, IT specialists.
2.Define measurable organisation value
3.Identify Alternatives
4.Define feasibility
5.Define total cost of ownership
6.Define total benefits of ownership
7.Analyse the alternatives
8.Propose and support recommendations

Project plan
1.Who is the PM? Sponsor?
2.Project team? Roles and responsibilities
3.Resources
4.Total cost
5.Time
6.Scope?

Project charter
Project charter is the high level project plan. It is a kind of agreement between project team and the sponsor.
Project charter has
1.Scope
2.MOV
3.Roles and Responsibilities
4.Define the project infrastructure
5.Summary and details of the Project Plan
6.Show explicit commitment to the project
7.Set out the project control mechanism

Decomposition
Break the tasks into small units unit I understand what the required tasks are.
MOV -> Scope -> Phases -> Tasks -> Sequence, resources, time