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4 Phases of Project Management
A project can be divided into 4 basic phases:
1.Concept Phase
2.Scope and design phase
3.Implementation Phase
4.Commissioning and Handover phase

Project Management Principles Rather Than Rules

Each of these phases are crucial to the success of a project – but to what extent the Project Manager implements each of these phases depends a lot on the project. A Project manager should keep in mind the principles of the Project Management Methodology rather than the “rules” of the Methodology.

Corporate Governance and Project management
As far as corporate governance goes, a company should outline the principles and guidelines that should be applied to each project undertaken by the companies Project Management Team.
In this way, each project will be handled correctly in accordance with a predefined Project Management Methodology, but at the same time allowing the small projects to be handled speedily without the bureaucracy of the larger projects.

Small Projects and Large Projects – apply Project Management Principles

The larger the project the more controls the Project Manager will need to implement. To what extent these controls are to be implemented should be left up to the discretion of the Project Manager.

For this reason it is important that a Project Manager be guided by principles rather than rules.

To give an example:

A project of rolling out 60 or 70 new computers for the sales staff will probably not require the same amount of testing, change control and bureaucracy as would a project to implement a company wide software roll out of a totally new product developed for the unique needs of the company.