Using a Project Guide
Using a project guide as a reference source for your upcoming projects is advisable. You can use the Project Management Book of Knowledge that is produced by the Project Management Institute or you locate one from a project management software creator. Both of them will generally contain the same material on the processes used in projects along with what standards are now acceptable to use in the industry. The leading difference is the price between them.
The contents for your average project guide is all concentrated on how to take an idea that can be a possible profitable business venture from the initiation phase to a successful conclusion. Each section of the text will give you precise details on just how each of the processes involved in the project work together in creating a deliverable for the global market place.
There are four distinctive phases of a project that the project guide will cover in its content. Each one plays an important role in the development of the project so it fullest potential can reach. Each of these phases has multiple parts to them that must be understood and completed so there are no holes in your project plan. All of them will lead to the next one which can be clearly seen in the execution of the business venture so the deliverable that will be produced is what it was intended to be.
The detail in the project guide you decide to use will determine just how useful it really is. In each of the nine processes involved in a project are many different activities and tasks. These activities and tasks need to be clearly defined in the guide so you will have a complete understanding of just what makes a project tick.
By using a project guide that is applicable to your industry and facilities, you can make the most out of your next business venture. It is similar to having a set of instructions to making money with the production of a desirable product. This is the best way to produce a deliverable that will meet the goals and scope of your business case and meet the standards of the industry your organization is in.