From the course: Introduction to NLP and LLMs: Principles and Practical Applications
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Project management and execution
From the course: Introduction to NLP and LLMs: Principles and Practical Applications
Project management and execution
- [Instructor] Now let's explore how effective project management can ensure the success of NLP and LLM based initiatives. These four main project phases provide a structured approach to managing any project effectively. First, in the initiation phase, we define the project goals, set clear targets, create a project charter, and form the project team to establish a strong foundation. In the planning phase, we create a detailed timeline, allocate a budget, define roles and responsibilities, assess potential risks, and establish a clear communication plan. In the execution phase, the focus shifts to building the main deliverable, conducting regular progress reviews, addressing issues as they arise, and providing necessary training to stakeholders. In the closing phase, the project team hands over the final product to the customer, provides intensive support during the transition, conducts a thorough review of lessons learned and releases the project team. Let's use a real world use case…
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