Coordination and Project Management

In Health and Beauty services, Project Management is usually a real added value when time to Market is key for success. A project can quickly fall apart without it.

Project management allows you to deliver successful initiatives, on time and achieve the intended goals. Project management is the process of organizing, deploying, and orchestrating company resources to ultimately delivers on a specific goal (people, finances and equipment required to achieve the goal on time and budget).

The Project managers are at the crossing lines of business, development, manufacturing and regulations. This is because the role spans many activities from strategic to tactical and provides important cross-functional leadership, most notably between brand marketing, support teams and external suppliers.

Most projects go through 5 phases, known as project management life cycle:

1. Initiation: defines the project vision, goals, and objectives to answer the question of “why” the team is doing this project. During the initiation phase, the project manager creates an overview of the project to show stakeholders or potential clients if it provides value and is feasible.
2. Planning: explains how the team will execute against project goals. The key outcome of this phase is a project plan that defines project activities, due dates/timelines, required budget, potential risks and issues, communications, assumptions, and resources.
3. Execution: during this phase, the project manager collaborates with project team members and other key stakeholders to execute against the project plan.
4. Monitoring & Controlling: assesses project progress and reports on performance in terms of budget, schedule, and quality management. The project manager makes adjustments to the project plan, as needed, to ensure that the project stays on track.
5. Closure: The closing phase of the project lifecycle is a time for wrapping up project activities reviews project outcomes, ensures that every task is complete, that stakeholder and client expectations have been met, and that the final product is with quality documents. Usually Project Managers hold a “lessons learned” meeting and makes recommendations that can be applied to improve the execution of future projects.