Project Management is a “balancing act”. It requires managing competing demands or constraints, and being always on the top to assess the impact of changes and plan the revised course of action. You can think of Project Management as a collection of colors that an artist uses to paint. To create magnificence in a project, it is important to use the tools of Project Management correctly and at the right times. We added colour to this article to celebrate Holi, and we wish you safe and joyful celebrations!
HOLI is when colourful gulal (powder), is spread over each other. Like the festival’s colours, which are a sign of joy and happiness. The colours (knowledge areas of Project Management) and PMBOK(r), Guide are a sign of project success.
Below are the COLOURS for Project Management’s 10 Knowledge Areas.
GREEN suggests Stability – Project Scope Management
The project will remain stable and within the three point constraint by managing scope well. This Knowledge Area outlines the work required to complete the project.
BLUE offers DEPTH – Project Time Management
Time Management was essential to keep the project on track. It outlines the processes that will ensure that the project and all activities are completed within the agreed timeframe.
YELLOW is MEDICINAL VALUE – Project Cost Management
Cost Management is like a MEDICINE for a project. It helps to keep the project within budget. The Project Cost Management Knowledge Area outlines the processes that will ensure that the project is completed within the agreed budget.
BROWN suggests STRENGTH- Project Quality Management
Quality is the foundation of any Project. It defines STRENGTH. The Knowledge Area processes determine the quality objectives and responsibilities to ensure the project meets the needs it was initiated.
VIOLET proposes LEADERSHIP – Project Human Resource Management
The LEADERSHIP quality and ability to manage a team depends on the Project Manager. Project success is dependent on the project team. A project’s chances of success will increase if it has a strong team. This knowledge area focuses on acquiring the right team, ensuring their satisfaction and tracking their performance.
ORANGE/SAFFRON stands for STRENGTH – Project Communication Management
Project Communication Management is the STRENGTH in Project Management. Communication is key to satisfying stakeholders, even in times of unexpected changes. Written and oral communication are used to convince stakeholders to join the project.
RED represents PASSION – Project Risk Management
Without the passion to manage risk, project management is not complete. Identifying or failing to identify risks in a project is RISKY. It is worth your time to learn about Project Risk Management in order to make the project run smoothly.
PURPLE is associated to WISDOM – Project Procurement Management
Nearly all projects use material/expertise that is either in-house or outsourced. This Knowledge Area is essential for subcontractors and suppliers to be hired. It will ensure that the job is completed faster or with better expertise, but not at the expense of quality, schedule or other aspects.
PINK symbolises FRIENDSHIP – Project Stakeholder Management
A Project has multiple stakeholders. The project will be more successful if all stakeholders are treated with respect and they are actively managed and addressed.
WHITE – ASSISTING OF COLOURS & THE KNOWLEDGE AREA Project Integration Management
This knowledge area includes the tasks that link the project together and integrate them into a single whole. It is similar to Holi festival which brings together friends, families, and communities to celebrate victory over evil. It is therefore represented as white, but it can also be divided into a spectrum or other colours.
To be a successful Project Manager, you must balance all the knowledge areas and apply the techniques, tools, and knowledge of project management in the right way to achieve brilliant white brilliance and guide the team to a successful and kaleidoscopic conclusion.
– By Vidhi Raj and Vidyesh Alve (PMP, PRINCE2
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