1. Role of the Executing Phase
This is the action phase where schedules, drawings, WBS packages and baselines for time, cost and quality are converted into tangible outcomes and measurable value.
According to the PMBOK® Guide by PMI, Executing is the process group where most of the project's real value is created.
2. Key Components of the Executing Phase
2.1 Resource Allocation & Coordination
| Resource | Execution Focus |
|---|---|
| Human Resources | Assignments, KPIs, performance and productivity management |
| Materials | Inventory control, usage against standards, timely supply |
| Equipment | Maintenance, utilization optimization, reduce downtime |
| Financial Resources | Cash flow, payments, variance against cost baseline |
2.2 Construction – Production – Implementation
This is where deliverables are built according to approved designs, technical specifications and QA/QC procedures.
2.3 Contractor, Supplier & Contract Management
Contracts are living documents that must be monitored throughout the project: changes, delays, claims and disputes must be governed, not improvised.
2.4 QA/QC and Safety
INDUSVINA adheres to the principle: "Better not to do it than to do it without guaranteed quality."
2.5 Reporting, Meetings & Communication
Around 80% of a Project Manager's work is communication. Poor communication leads to wrong expectations and conflicts.
3. Purpose of Executing
A project is only recognized when real deliverables exist and are accepted.
4. Conclusion
You have completed Part 3/5. Next is Part 4: Monitoring & Controlling – the phase that decides whether the project stays on track or drifts away from plan.
