What is Project Management?

Project management is the utilization of specific knowledge, skills, tools and techniques in a structured manner to deliver business value to the organizations. It comprises of effective planning and execution in alignment with the business strategy, vision and mission within the constraints of scope, cost and schedule.

As we know, the world is constantly changing due to scientific and technological advances, globalization and changing needs means that, increasingly, work is organized around projects with teams being brought together based on the skills needed for specific tasks.

Why Project Management?

Project management drives change and throughout human history, project management has always been practiced informally, but it began to emerge as a distinct profession in the mid-20th century when a group of forward-thinking individuals from the aerospace, engineering, pharmaceutical, and telecommunications fields realized a changing world needed new tools.

Projects are the driving force behind how work is done, change is realized and value is delivered.

Project Management Job Outlook

As of 2017, 71 percent of global organizations had a project management office, and those numbers have continued to increase over time.
According to a report in TechRepublic, https://www.techrepublic.com/article/25-million-new-project-professionals-are-needed-by-2030/ 25 million new project professionals are needed by 2030 representing a projected 40 percent growth for the industry. This growth trend is also expected to generate a total of 88 million jobs in the field worldwide by that time.

Project Management Salaries

The median salary for project managers to be $116,000 per year. While most in this field make between $90,000 and $140,000 annually, there are quite a few factors that determine where on this scale a project manager might fall. These factors include the individual’s education and experience level, the size of the organization they are working with, where their organization is located, and even their own declared specialization in the field.

Who are Project Managers?

They are organized, passionate and goal-oriented who understand what projects have in common, and their strategic role in how organizations succeed, learn and change.

They have a broad and flexible toolkit of techniques, resolving complex, interdependent activities into tasks and sub-tasks that are documented, monitored and controlled. They adapt their approach to the context and constraints of each project, knowing that no “one size” can fit all the variety of projects. And they are always improving their own and their teams’ skills through lessons-learned reviews at project completion.
Senior executives and HR managers recognize project management as a strategic competence that is indispensable to business success. They know that skilled and credentialed practitioners are among their most valuable resources.

Why SuperNova ?

We at SuperNova are passionate about coaching project management professionals using interactive, immersive and visual methods, allowing the learners to fully comprehend the concepts through practical applications through simulations and case studies. As a learner you will be able to walk through every concept and explore development of a project in a real life environment and will be able to apply immediately and harvest your organizational goals.

As project managers traverse through the maze of complex projects, they face challenges throughout the project lifecycle mainly due to the inability to visualize the scenarios and applying the concepts.

Defining requirements

Three-dimensional mind maps and Augmented Reality provide an accurate visualization of the product or service that leads to a better understanding of the requirements and accurate estimation. For example, if the project team is working on the construction of a home, they can project the three-dimensional model in augmented reality and able to build an accurate work breakdown structure (WBS).

Planning and execution

This phase is the most critical, where the requirements are being refined and plans are being developed in a rolling wave fashion. The key activities during this phase are:

  • Scheduling
  • Budget allocation
  • Resource planning
  • Identifying risks
  • Creating a team

The team can continue to refer to the AR model during planning to ensure that all the effort has been assessed and has been decomposed, scheduled and budgeted and baselined.

Augmented Reality combines a layer of complexity to the overall performance of a project because it is so new, with lots of unknown areas. This means you want a mixture of detailed planning and a quick, fearless team.

Initiation

To build a robust project plan, it is of paramount importance to establish a well-defined work breakdown structure (WBS), describe the scope of the project, schedule development events and due dates, identification and allocation of resources.

Project performance

This stage involves:

  • User experience plan and user interface design
  • 3D design and development
  • Virtual Reality development & mobile development
  • Weekly project status updates
  • Quality assurance
  • User acceptance examination

Project planning, performance, and testing all complete with a successful launch, but this is just the start. Once the first experience is driven and analyzed with the client, the user data recovery and ongoing iteration start. With any software project, you should get time during the first stages to plan for the user data you’ll get to measure the success of your VR adventure. This essential report gives you the tools you want to be able to change that project over time based on the way’s users are navigating through the experience.

This stage involves:

  • Plan deployment
  • Client education
  • Post-project analysis and feedback
  • Analysis and reporting
  • Iteration