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How important is the definations of5 Ms in Project Managements??
Speaking from my own brief experience, I have found that adopting an active project risk management framework is critical to the success of the project on all dimensions (budget, quality, timeliness). It creates a dilligent forward-looking mindset among all project stakeholders, and enhances communication between them to address risks before thy manifest on ground.
For the project to be successfull the folowing aspects should be in control
1. Design : design to perform as per the customer requirement as well as , per contract.
2. Safety & Quality : Develop safe working methods , especially in Infrastructure Projects, deliver with quality.
3. Budget : Plan the entire activity to complete with the budget.
4. Time schedule & progree monitoring : Alawys match the progress of the project with master network.
5. Most Important : Maintain relation with all stakeholders with transparent communication.
Leadership
Clear understanding of client requirement.
Amicable relationship / communication / Timely follow-up of every activity / or empowerment and accountability of responsibility
Good team work.
Thrust accomplish on time.
dedication
teamwork
adequate knowledge
good leader
enthusiasitc to learn