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Yes there are :
Goal, Vision, Finance , Plans - Marketing, Operational, business plan etc etc....
Specific Plan , reasonable time schedule , qualified teamwork , and self motivation .
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Ad my understanding and procedure is like this:
1. First understand the customer requirements - objective, scope, KPI's, TAT, SLAs.
1a. Do a feasibility study on capability and performance of the project. If the capability is onboard do next steps. or else close with placing the RPQ in repository.
2. Prepare Statement of Understanding and get a sign off from the customer
3. Once customer evaluates and provides SOW , formal kick- off with estimation using PERT analysis.
3a. Submit formal proposal with estimation and budget requirements.
3b. If PO is released start working on execution of project .
4. Plan for the timeline, deployment requirements, resources, softwares/hardwares etc..
5. Prepare basic documentation - Planning - MSP/Libra , org structure , communication matrix
6. If there is a transition plan for KT plan, deployment at customer site, get SOP prepared, train offshore team and start the project metrics evaluated with day-to-day tracking mechanism
6a. Offshore/onsite training must be carried out.
7. Quality plan has to be defined and define bench mark
8. Delivery tracking must be strong and accurate.
9. Weekly reviews with customer on deliverables,
10. cost/billing has to be performed accordingly as per monthly/quarterly basis.
Main documentation required for small project:
1. Project planning
2. Resource & deployment planning
2a. Project training plan
3. Quality checklist
4. Communication plan
5. Delivery metrics - project trackers, analysis.
6. Customer reviews on project deliverables/ billing.
7. Project closure
A4 sheet of paper, a pencil and a rubber, that's where all projects should start. To be on the safe side choose a canonical formulation for your project: (supply chain, scheduling, industrial production etc.) These will help to create the project and manage the aftermath, specially the financial aftermath, beacause one is expected to determine the IRR and the NPV of the project, to decide if it's a go!
Agree with the answers added by experts
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of course and this called management science
Hi, These all depends upon management & planning may be -
Lack of time to think and plan project -
Unrealistic deadlines / Communication
Mixing operational and project work.
Any project, be it large or small, should go through proper due diligence, scope confirmation, risk analysis, financial analysis and then other steps in resource allocation, plan approval and kick off to lead to a successful start
Need to start with having a good enough kind of resources to fund and execute the project. Also need to perform a business analysis to search for the current and future market condition for the proposed kind of business.