¶ … product or a service, and in general, a project would include all the risks and the constraints and the restrictions, as well as an idea about the costs involved for the particular problem or project that one is about to undertake. The schedule would be detailed, as well as the intended performance outcome of the project, and 'project management' as such is a set of principles and practices and code of ethics, and techniques that are generally used to lead the project team, and to exercise a form of control over the other related issues in a project such as the schedule, the costs, and the desired outcome of the project, all of which if handled well would bring one the satisfaction of a happy customer. (Project Management: What is it?)
However, in the management of a project, one must keep in mind certain very important points, so that the manager is not simply faced with a lot of technical principles, of which he has no understanding. Some of them are that at the very outset, one must make sure that one's own business is viable, and then choose carefully the projects that would be applicable or suitable for the business. When one is very careful in applying the project management principles to one's project, then it would most definitely bring forth the desired results. In addition, one must also try to understand the consumer, and all his specific needs and requirements, and then progress on to the next step of making a plan that would define the scope and the cost and the approach for the project. A work breakdown structure must be used at this point to supply a sort of coherence and consistency to the plan, so that all minor problems that may arise later one can be tackled sufficiently well. If the team is a good one, with a clear idea of is ownership and its leadership, then most of the problem would be solved automatically, and if the environment is also conducive to open communication and to excellent team dynamics, then it would also be possible to track the project as it progresses, and therefore review the project and the way in which it is being handled, at every step of the way. (Project Management principles)
In general, the life cycle for a project management in an organizational would have to necessarily pass through five important and clear cut stages, which are: problem identification, planning the solution for the problem, executing the solution that has been planned, testing the solution and its impact, and finally, closing the project. As far as the first stage, that is, the identification of the problem in a project and selling it to whoever it has to be sold to is concerned, this stage of the project may involve the collection of information, like for example, from stakeholders, if the project was meant for them, and then the clear development of the problem statement. After this, the root causes for the affects that it may have on the organization may be analyzed and described, so that these may be fleshed out at the very outset. The stakeholders who work in close proximity to the production part of the business would generally be able to provide the relevant information that may redefine or confirm what the management of the project has perceived as being the problem. This problem identification and the later problem solving stage may take up a lot of time and resources, especially if the problem is large and it involves numerous stakeholders. (Cleland; Ireland, 2004)
It must be noted that one of the most important causes for the failure of a project is when the project itself is a solution in search of a problem, and another is when nobody other than the project team shows any interest in the final outcome and the result of the project. It can also fail when the team does...
Product/Services/Promotional Strategies offered by Black Diamond Equipment and My Web Page MARKETING Report on Product/Services/Promotional Strategies offered by Black Diamond Equipment Black Diamond designs and manufactures a complete line of authentic, inspired, performance equipment for rock climbers, ice climbers, alpinists and backcountry and telemark skiers. Black Diamond's products are targeted toward those who are dedicated to the process of climbing and skiing. Especially Black Diamond likes to promote its products for young
New Product, Service or Process Produce a specification for an agreed project to implement a new product, service or process Be able to plan for the launch of a project to implement a new product, service or process Produce a project plan for an agreed project Match appropriate resources to a Project Cost all resources required for implementing a project Agree timescales for the management and implementation of a project Plan an appropriate strategy for the
Marketing Product / Service Declaration My idea is to develop an electronic reader and accompanying digital library that can be customized for a group. The library would contain only the literature that is relevant to the group's activities. For example, a bird watching group could fill their library with books and magazines that the community could share. Another example would be a local group that was interested in protecting the local ecosystem.
This can fluctuate slightly with the economy and with new products that are created and must be launched, but the company is relatively stable in that it generally has a similar level of employees on hand in any given month or year and has had that level of employees since it has recently grown. It is likely that number will continue to rise. Description of products/services General Electric Company makes appliances,
At this time Six Sigma operates as a new General Electric's institutional competitive strong point and still strives on to develop to boot. If there is something that Jack noted during his days as a manager, then it is the rate at which GE was turning into a big bureaucracy and indeed realized that a huge change was truly needed. Founded on this perspective, the moment he succeeded the outgoing
Justification Report for American Beverage Corporation "There is a growing sense of the world's interdependence and connectedness, and an understanding that progress is an illusion if it destroys the conditions for life to thrive on earth" (Buchholz, 1991). Twenty years ago, business ethicist and university professor Rogene Buccholz made the point that preserving natural resources should be a priority for the business community. Since that time, corporate social responsibility has become
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now