How to Coach Yourself and Others Essential Knowledge For Coaching | Page 336

A project is a combination of human and non-human resources
pulled together in a temporary organisation to achieve a
specified purpose. The aim is to produce a result in a given time,
at a given cost and to a given quality. These aims are interrelated. If you increase resources to increase the quality, you
may reduce the time but you will increase the cost. If you reduce
the resources to save money, you may increase the time. If you
reduce the time, you may reduce one set of costs but increase
them further with the need for extra resources such as more
people.
The Phases of a Project
All projects have 4 phases:
Phase 1: This phase involves the initiation of a project between
project sponsor or coachee and the project team. It is likely to
cover the definition and scope of the project, initial time
estimates and risk analysis.
Phase 2: This phase involves the planning and design of the
project and the go-ahead.
Phase 3: This phase consists of the implementation of the project
and its monitoring, control and co-ordination.
Phase 4: This phase involves bringing the project in on time, on
budget and on specification. Alternatively, it involves winding up
a project that is no longer needed.
Estimating Project Times
The first stage in estimating the time of a project is to brainstorm
all the jobs that need to be carried out. Once you have done this,
you should check through them and start to build a working list.
Check that you haven't missed anything out and that you have
included the many small and apparently unimportant jobs that

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