Projects are a key way of working in businesses across all sectors these days. In fact, I imagine that there are very few of us that have not contributed to a project at some point in our careers.
There are myriad roles that you may perform in a project, such as sponsor, champion, steering group member, project lead, project member, project accountant and more. Since this report is intended to be an overview of the key aspects of project management it should provide a great starting point for any professional accountant about to perform any of these functions.
The report also contains details of recent developments, current issues and suggestions for further reading, so hopefully there will be something for the more seasoned project team member too.
This report specifically addresses formal projects; however much of the information may also be useful in informing other, less formal, assignments. The tools and techniques simply need to be tailored to the ‘project’ in hand.
The ICAEW chartered accountants that I spoke to when scoping and reviewing this report provided some words of warning that you might like to heed when embarking on your first project:
If this report has whet your appetite for more detailed coverage of any area of project management then please let me know and we can look at producing further guidance on this topic.
Published by the Finance and Management faculty (SR33 - June 2011)
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Emma Riddell, Head of the Finance and Management Faculty