Book Image

Learning Microsoft Project 2019

By : Srikanth Shirodkar
Book Image

Learning Microsoft Project 2019

By: Srikanth Shirodkar

Overview of this book

Microsoft Project is one of the most popular project management tools for enterprises of all sizes thanks to its wide variety of features such as project scheduling, project budgeting, built-in templates, and reporting tools. Learning Microsoft Project 2019 will get you started with the basics and gradually guide you through the complete project life cycle. Starting with an overview of Microsoft Project 2019 and a brief introduction to project management concepts, this book will take you through the different phases of project management – initiation, planning, execution, control, and closure. You will then learn how to identify and handle problems related to scheduling, costing, resourcing, and work allocation. Understand how to use dynamic reports to create powerful, automated reports and dashboards at the click of a button. This Microsoft Project book highlights the pitfalls of overallocation and demonstrates how to avoid and resolve these issues using a wide spectrum of tools, techniques, and best practices. Finally, you will focus on executing Agile projects efficiently and get to grips with using Kanban and Scrum features. By the end of this book, you will be well-versed with Microsoft Project and have the skills you need to use it effectively in every stage of project management.
Table of Contents (32 chapters)
1
Section 1: The Iron Triangle – a Quick Primer for Project Management
3
Section 2: Project Initiation with Microsoft Project
8
Section 3: Project Planning Like a Pro!
13
Section 4: Project Execution – the Real Deal
15
Chapter 11: Overallocation – the Bane of Project Managers
18
Section 5: Monitoring and Control with Microsoft Project
23
Section 6: Project Closure with Microsoft Project
Appendix A: Using This Book as a Textbook
Appendix C: Keyboard Shortcuts
Appendix D: Glossary

Analyzing costing using different views

Once you have created a budget and a cost plan for the project we've discussed in this chapter, the best practice is to proceed with baselining and tracking, as you would normally do. As a result, the following two additional benefits will accrue for your project:

  • Your baseline will contain costing data for all future references.
  • When you track project work progress periodically, costs will also get updated automatically based on the changes that are made to the work's progress.

Project cost analysis is a critical aspect of monitoring and controlling a project. The following screenshot shows our current hands-on project, which has now been baselined. Our work progress has also been updated to the current date:

Figure 15.22 – Current project baselined and progress updated

For the remainder of this chapter, we will progressively drill down into the different levels of costing analysis...