In today’s global and competitive environment, time to market is one of the most crucial factors in projects.

Projects become more and more complicated and dynamic. Project related activities have to be executed concurrently by different units in the organization or even externally to meet time constraints. As a result, the project environment becomes complex and hard to manage.

 

Modularization of projects and placing dependencies across different projects, is one way of simplifying the management of this complex project environment.

Following are some characteristics of a complex project where we would recommend dividing the project  into several sub-projects:

The following diagram shows the flow of a Change Request life-cycle:

In this section, the tools and methodologies that you can use during various phases of managing a risk are briefly described.

 The following diagram shows the flow of Risk Management life-cycle:

What is similar?

Both tools use the same building blocks for representing a project plan:

• Projects
• Milestones
• Tasks

According to standard terminology - "A project is a temporary endeavor undertaken to create a unique product, service, or result”.

In an organization where the project manager and the functional managers share responsibilities between dividing and assigning work among the resources in the project, it is important to synchronously work together as to ensure a clear work plan. Clarizen's service enables the managers within a matrix organization to collaboratively plan and execute the project.

Each of the managers can control their own view of the project as they wish.


The following is an example of how you can view roadmaps across several sub-projects:

In this Best Practices article, we will describe how best to manage risk using Clarizen. The process describes a tailored risk management approach according to the main guidelines of PMI® methodologies and ISO standards (see Used References at the end of the article).

Project Budget Management is an important part of project planning and execution. Managing a budget refers to managing project estimates, costs and revenues.

Project Budget Management includes the processes involved in planning/estimating costs and controlling costs so that the project can be completed within the approved budget.

Project Budget Management is primarily concerned with the cost of resources needed to complete scheduled tasks, calculated from resource hourly rates and required effort. However, Project Budget Management should also take into account the impact of project activities that have fixed cost, such as services activities, maintenance activities, various decision meetings maintained during the project, etc.

Project cost and project revenue are calculated using different types of resource rates: Cost and Billing rates, correspondingly.

ProjectMail is the coined termed used by Clarizen to define progress reporting which enables you and team members to update the progress of tasks via email.

Progress Reporting emails are either sent automatically (according to set system settings) or may be sent manually from a selected work item.

Before Progress Reporting can be implemented system settings must be configured.

The two type of tasks that are reported are: