Successful project management1. An agreement among the project team which is customer and management team on the goals of the project.2. A plan that shows overall path and responsibilities which will be used to measure progress along the project.3. A constant and effective communication among everyone who is involve in the project4. A controlled scope5. Management supportProject managers successful formula1. Set realistic expectation about scope-cost-schedule equilibrium with the project stake holders2. Manage expectations throughout project. If the equilibrium changes make sure everybody knows and accepts the new equilibrium3. Deliver the product on time within the time rangeProject life cycle1. Initiation The scope of the project is defined together with the approach to be taken to deliver the desired output. A project manager is selected and in turn he will select the team members based on their skill. A common project methodologies used in project chapter, project framework and soon on.

2. Planning The second phase include a detailed identification of each task until the project finish. It also include a definition criteria for the successful completion of each deliverable package. The governance process is decided, the stakeholders identified and the reposting frequency is decided and channels establish.

3. Execution and controlling The most important issue in this phase is to ensure project activities are properly executed and controlled. During the execution phase the planned solution is implement to solve problem specified in the project requirement. In the product and project development, a design in a specific set of product requirement is created. This convergence is measured by prototypes, testing, and review. As the execution phase progresses, groups across the organization becomes deeply involve in planning for the final tesing, production and support.4.