La Habra, CA (PRWEB) January 10, 2008
The creators of the original "online project management template", Method123 Ltd today announced the release of their new Project Execution template suite. This latest offering in Project Management Templates provides a Project Manager with all of the tools, templates and forms needed to manage the Execution phase of a project. "No other company offers templates which are specific to the Execution phase of a project," says Craig Nicholson, Technical Director of Method123 Ltd.
"These templates help managers and teams to create project deliverables really quickly and easily. Basically, all they need to do is to fill in the template with local project information and out pops a fully completed project deliverable. It's that easy!"
The templates are already pre-completed with all of the processes and procedures that a manager needs to deliver a project. The Execution phase is typically the longest and most difficult phase in a project. After the Project Initiation and Project Planning phases, the Project Execution phase is the period in which the physical project deliverables are created and delivered to customers for final approval. This phase usually consumes the most resource, effort and financial spend in the entire project life cycle. By creating a suite of Project Management Tools and templates to help managers to navigate through this phase successfully, Method123 hope to positively influence the outcome of projects around the world.
"The new template set is unique in the market, as it already includes all of the processes that the manager needs to put in place for a project. For instance, the Risk Management Process template includes a detailed set of instructions which provide the team with guidance on identifying, managing and resolving project risks. It then offers the manager a completed Risk Form for identifying and recording risks, as well as a Risk Register which allows the team to track the current status of the risk during the life of the project."
Method123 have released an entire suite of templates to cover the Execution phase in a project. These templates cover the topics of time, cost, quality, change, risk and issue management. They also include the management of supplier relationships against contract, the acceptance of project deliverables by the customer and the communication of progress to all project stakeholders. The documents are the most comprehensive suite of project execution templates available on the web.
Today, Method123 also announced that they intend to release new time, cost and change management templates for projects, over the coming months. "Templates may seem like a commodity to manage project team members" says Nicholson, "but in fact they are an incredibly important part of any project life cycle. Without them, you need to create your deliverables every time, from scratch. By using templates, you save huge amounts of time and hassle, by reusing what you know has worked before. They help you to work smart, not hard."
The latest templates are in addition to other similar offerings provided by Method123 online. Their latest flagship product called 'MPMM' provides an entire Project Management Methodology for project teams. It includes all of the project management processes and methods needed to manage projects, from Initiation to Closure. For further information, see MPMM.com
Released today by Method123.com