1INTRODUCTION TO THE PM TOOLBOX
Project management tools support the practices, methods, and processes used to effectively manage a project. They enable the primary players on a project—the project manager, project team, executive leadership team, and governance body.
For purposes of this book, tools are considered to be processes, techniques, artifacts, software, or other job aids that assist in creating deliverables or project information. PM tools may be qualitative or quantitative in nature.
To illustrate, consider two examples, the Team Charter and a Monte Carlo Analysis. The Team Charter is an artifact that outlines how the team will work together on a project. A Monte Carlo analysis involves analyzing data that is generated from a software tool that uses an algorithm to quantify uncertainty around cost or schedule outcomes.
Note there is no mention of specific software tools here. While many PM tools discussed in this book exist in a software format, the focus is not on tool formats. Rather, the focus is on the use of tools to manage projects more effectively and efficiently.
A project management (PM) toolbox provides a set of tools that serves several purposes, such as:
- Increasing the efficiency of the project players
- Providing the right information to support problem solving
- Providing relevant information for making decisions
- Helping to establish and maintain alignment between business strategy, project strategy, and project outcomes.
The design of a PM Toolbox should ...
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