Chapter one. Definition of the project in hand.

We define a Project in Hand, under control, owned by the Project Manager when it has the following nine key concepts:

1. Requirements and discovery of stakeholders’ needs: This refers to the process of identifying and understanding the needs, expectations, and requirements of the stakeholders involved in the project. It involves actively engaging with stakeholders to gather their input and ensure their requirements are captured accurately.
2. Control of the scope and time constraints of each project phase: This involves defining and controlling the scope of work to ensure that the project remains focused and on track. It also includes managing and adhering to specific time constraints or deadlines for each phase of the project.
3. Communication of changes and milestones achieved: Effective communication is essential for keeping stakeholders informed about any changes in the project, such as scope modifications or milestone achievements. It involves providing timely updates and maintaining clear and transparent communication channels.
4. Management of investment on resources and development time: This pertains to efficiently allocating and managing resources, such as finances, manpower, and equipment, to ensure they are utilized effectively and in alignment with the project goals. It also includes managing the development time and ensuring it is optimized to meet project objectives.
5. Monitoring project results and logging of team inputs: This involves regularly tracking and evaluating the progress and performance of the project against predefined metrics and goals. It also entails capturing and documenting inputs, contributions, and feedback from the project team members.
6. Control of changes and deviation of costs and times: This involves actively managing and controlling any changes that may occur during the project, such as scope changes or budget adjustments. It also entails closely monitoring and addressing any deviations from the planned costs and timelines.
7. Continuous risk registering and update of actions to assess them: This refers to the ongoing process of identifying, assessing, and documenting project risks. It involves regularly updating risk registers and implementing appropriate actions to mitigate or address the identified risks.
8. Completion and closing of project phases in a managed and controlled process till finalization of the project: This entails carefully managing and overseeing the completion of each project phase in a structured and controlled manner. It involves conducting thorough reviews, documentation, and sign-offs before proceeding to the next phase.
9. Capacity to resume the project and show results to stakeholders: This refers to the ability to effectively resume the project after any interruptions or delays and to demonstrate the achieved results to stakeholders. It includes providing evidence of the project’s progress, accomplishments, and outcomes to ensure stakeholders are kept informed and satisfied with the project’s performance.