By Anil Sardana, CEO & MD, Tata Power
Organizations world over recognized the indispensable nature of project management during the recession of 2008
Tools are NecessaryIn order to execute a project successfully, the project manager or the project management team should be supported by a set of tools. First of all, it details out the project scope. Then, it describes the approach or strategy used for addressing the project scope and project objectives. The strategy is the core of the project plan. The strategy could vary depending on the project purpose and specific project requirements. The Milestone Checklist helps the project manager determine whether he or she is on track in terms of the project progress. Several user-friendly IT tools are commercially available to support project management needs of simpler projects. However, for large and complex projects, these tools help almost in on-line progress monitoring and assist in decision making process. These include 3D comparison of model to actual progress & assist project managers in visual and scientific interventions in a profound and effective manner.