Enterprise Development Project Management at Namibia Business School
What is Enterprise Development Project Management?
Enterprise project management (EPM) refers to the practice of managing projects on a companywide scale. It generally involves implementing strategies and processes to streamline and improve the effectiveness of project management on a large scale.
An EPM is a business function that operates at a strategic level in collaboration with an organization’s executives. The goal of this centralized office is to provide company-wide guidance, governance, standardized processes, and project portfolio management best practices, tools and techniques.
Frequently Asked Questions
What is the meaning of enterprise projects?
Enterprise Project means an endeavor undertaken by an enterprise over a fixed period of time using information technology, which would have a significant effect on a core business function or which affects multiple government programs, agencies, or institutions.
What is project Development Management?
Development management is the strategic planning, administration and controlling of a project during its development life cycle, from project planning through to construction completion and project exit.
What is Microsoft enterprise project management EPM?
Microsoft EPM is an enterprise wide solution for project management. As a platform for planning, information, and communication that spans multiple projects and departments, it enables you to better plan and supervise projects; centralize the management of resources; and perform sophisticated reporting.
What is the difference between PMO and EPMO?
An EPMO, or enterprise project management office, reports to people at an executive level within a company and offers guidance at the top of an organization. In contrast, a PMO exists within or as its own department and provides lateral guidance to employees working directly on the projects.
What is enterprise project structure?
The enterprise project structure (EPS) represents the hierarchical structure of all projects in the database. The EPS can be subdivided into as many levels or nodes as needed to represent work at your organization.
What is enterprise in management?
Enterprise management is a term used for modern examples of ERP that allow businesses to manage vital day-to-day processes such as inventory management, accounting, human resources and customer relationship management (CRM).
What are the 5 stages of project management?
Developed by the Project Management Institute (PMI), the five phases of project management include conception and initiation, planning, execution, performance/monitoring, and project close. PMI, which began in 1969, is the world’s largest nonprofit membership association for the project management profession.
What are the 4 main processes of project management?
Whether you’re in charge of developing a website, designing a car, moving a department to a new facility, updating an information system, or just about any other project (large or small), you’ll go through the same four phases of project management: planning, build-up, implementation, and closeout.
What are the phases of a project development cycle?
There are 5 phases to the project life cycle (also called the 5 process groups)—initiating, planning, executing, monitoring/controlling, and closing. Each of these project phases represents a group of interrelated processes that must take place.
What is Jira in project management?
Jira Software is an agile project management tool that supports any agile methodology, be it scrum, kanban, or your own unique flavor. From agile boards, backlogs, roadmaps, reports, to integrations and add-ons you can plan, track, and manage all your agile software development projects from a single tool.
What is project management lifecycle?
Definition. A project management life cycle is a framework comprising a set of distinct high-level stages required to transform an idea of concept into reality in an orderly and efficient manner.
What is the difference between EPS and OBS?
The Organizational Breakdown Structure (OBS) is a hierarchical based structure that represents your organization. The Enterprise Project Structure (EPS) is also a hierarchical based structure that represents how your projects are organized.
What is functional project structure?
A Functional project organizational structure consists of project team members allocated from different functional units of an organization. A typical organization would have different functional units such as- HR, Finance, Marketing, Sales, Operations, IT, Administration etc.
What is organization breakdown structure?
The Organizational Breakdown Structure (OBS) is a project organization framework for identification of responsibility, accountability, management, and approvals of all authorized work scope.
What is the main difference between functional and project organization structure?
Summary. The organizational structure will dictate the level of power, authority, and resources available to a project manager. A traditional functional organization gives the project manager very little, if any, authority, whereas a projectized organization will provide the project manager with significant authority.
What is the basic structure of a project report?
It should summarise everything you set out to achieve, provide a clear summary of the project’s background, relevance and main contributions. The introduction should set the context for the project and should provide the reader with a summary of the key things to look out for in the remainder of the report.