Kamis, 23 April 2009

Project Management - Why a Project Initiation Document is so Important in a Successful Project

. Kamis, 23 April 2009
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Many people perceive that generating reams of documentation such as plans and reports are the key to delivering a successful project.. As experienced Project Managers will tell you, this is rarely the case except when it comes to the creation of one piece of project documentation; namely the Project Initiation Document.

Essentially the Project Initiation Document is the key reference document for a project. Think of it as the project "Bible" which will be constantly referred to throughout the project lifecycle when questions of scope and delivery approach are raised.

It is a project document in which is detailed everything related to the project such as:

* Project Definition
* Business Case which details why the project should be done
* Scope of what the Project is delivering
* Strategy to deliver the project
* Project Team structure and Governance

* Communications Plan
* Quality Plan
* Project Risks, Issues and Assumptions
* Project Controls
* Project Budget
* High Level Project Plan
* Project Exceptions criteria

External observers often think that Project Manager's fears about project scope are overdone, but scope creep is without a doubt one of the major reasons why projects fail. Anyone who has experienced a flood of Project Change Requests throughout a project will attest to that!

However having a detailed and accurate Project Initiation Document tends to stop the majority of such problems for the simple reason that when Business Stakeholders try to change Scope, it is easy to refer them back to the Project Initiation Document. Further since this document will have been formally Approved by the Project Stakeholders and other interested parties, it is hard for anyone to say that they didn't know what the project was going to be delivering.

It is for this reason that a Project Manager should spend time on what is admittedly not a straightforward nor simple document to write. The problem is that all too often Project Managers are tempted to skim over this document in their desire to get the project started as soon as possible to meet extremely tight deadlines. However by doing this they are simply storing up problems for the future and the very real possibility that they are initiating a project which will have no chance of succeeding.

So to give a project the best chance of successfully delivering, it pays to devote time to getting the Project Initiation Document written correctly and approved by all the Project Stakeholders to ensure the project approach and scope is agreed upfront.

sources:
http://www.my-project-management-expert.com/

www.wikipedia.com

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Kamis, 16 April 2009

Find Your Target Market - Make Money Fast

. Kamis, 16 April 2009
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If you want to know how to make money fast, the answer lies within your marketing. Promoting to anybody and everybody is not going to get the job done.Advertising and marketing will sum up the type of success your home business has. However, if you really want to make money fast, you need to find your target market.

Your target market consists of people who are interested in what you have to offer. These are people that are looking for your niche and want the product you have to offer. Although it will cut down the amount of people that see your ads, finding your target market will drastically increase your internet income.

You have probably heard before that there is no such thing as bad traffic. While this statement is true, there is such thing as wasted traffic. Promoting their business to anybody and everybody is a mistake far too many entrepreneurs make. The end result is they receive visitors who have no intention of buying anything or even staying that long.

As a result, you end up wasting several hours on marketing that is going to get you nowhere. Instead, why not focus your marketing efforts on a specific group of people? This can cut back on the amount of people you market to, but you want to make sure you still spend as much time promoting your home business opportunity as you are today.

You are probably wondering how you can go about finding your target market now that you know how to make money fast by finding your target market,. There are several different methods you can use to find that particular market to promote to.

One of the most effective methods is posting in forums. There are hundreds of forums on the internet to post in and many are geared toward specific categories or niches. This allows you to talk to people who are interested in the niche you are in. Instead of just putting up an ad, you will get the chance to actually talk to prospects and let them know who you are. This is the perfect opportunity to build relationships and gain the trust of people.

Another method you can look into is writing articles. By writing articles, you can then submit your articles to hundreds of different article directories. You will find various categories and sub-catergories within each directory that you can submit your article under. As people read your article, they can then make their way to your web site with the link you place in your resource box.

If you want to know how to make money fast on the internet, you need to begin focusing on your target market. It is a waste of your time advertising to anybody and everybody. Start finding your target market and putting your time to better use.

SOURCES

http://www.wcgem.com

WWW.wikipedia.com

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