Project Management
(a) How can effective project management help your department?
Effective project management can be of significant help to the department. First of all, project management can help the department in controlling spending and enhancing project results. Sticking to project management approaches and strategies facilitates the reduction of risks, cost-cutting and enhanced success rates. Effective project management can stop the department from spending money on projects that bring about failure (Mir and Pinnington, 2014). Secondly, project management can help the department in attaining competitive advantage. Executing project management in the department helps in the creation of a strategic value chain on its rivals. Having the ability to deliver projects in a timely manner and within the budget will help the department in getting more tasks and handling more responsibility (Mir and Pinnington, 2014). Project management will be also be helpful to the department in terms of having measurable outcomes. Effective project management aids in defining the business value of every project in measurable terms prior to shifting from the exploration phase into the planning phase. This helps focus the department on the end goals and objectives of the project and offers different metrics to measure return on investment. Therefore, the department will not invest or delve into projects that are not linked to business outcomes (Mir and Pinnington, 2014).
(b) What does it mean to follow a project management framework?
Project management framework takes into account an amalgamation of processes, tasks and implements used to transition a project from beginning to end. Following project management framework encompasses going through initiation phase when the project starts to planning when all of the main decisions are undertaken to execution when the project work in actual fact takes place. The subsequent phase in the process includes controlling when any kind of adjustments are made to the project plan to monitoring when there is checking of the project progress and termination when the project comes to an end. Project management framework permits the utilization of different methodologies as well as approaches to plan and schedule the key phases of the project lifecycle. The fundamental notion of following the project management framework encompasses the creation and sharing of a clear understanding of the basis of a project and sharing such understanding amidst all stakeholders. This conception is usually tracked by all of the stakeholders through the course of the entire management lifecycle and therefore the project will be achieved in accordance to a selected approach and rendering anticipated outcomes (Larson and Gray, 2011).
(c) How does a project manager deal with conflict?
Project managers normally deal with conflict, not only internally but also externally. In accordance to Pinto and Kharbanda (1995), there four stages in the conflict process and these comprise of frustration, conceptualization and orientation and interaction and outcome. In this regard, there are different styles that can be employed by project managers to deal with conflict and these include compromising, competing, collaborating, accommodating and avoiding. More imperatively, there are three key approaches for conflict resolution that can be utilized by project managers and these include completely avoiding or evading the conflict, defusing the conflict or making use of confrontation to ascertain the causes of the conflict, more often than not by mans of problem-solving meetings (Pinto and Kharbanda, 1995).
(d) What is the process to risk identification? What is the value?
Risk identification is of great value to project management. Notably, risk management in the project is imperative to as to manage and finish the project in a successful manner. The earlier the risk is able to be identified, the earlier the plan can be undertaken to alleviate the impacts of the prospective risks. Risk identification is an iterative process, and therefore the whole project team ought to be involved from the state of the project...…by the client. It is important to take not that the finish the close project, then the close procurement process must have been finished otherwise the project closure cannot take place. Nonetheless, it is dissimilar for close procurement practices where the project closure process is not necessitated to finish the close procurement process (Project Management Institute, 2004).
(i) When is it best to use Agile project management instead of the traditional waterfall approach?
The traditional or waterfall approach to project management focuses firmly on comprehensive planning up front. The justification is that if a project manager plans, executes the plan and takes counteractive action on deviances from plan, there is a high likelihood of success. In contrast, Agile project management is dependent on incremental, iterative development cycles to finish projects. This approach is suitable for exploratory projects in which requirements have to be revealed and new technology verified. It lays emphasis on active collaboration between the project team and consumer reps, breaking projects into small functional pieces and making an adaptation to altering requirements (Larson and Gray, 2011). As pointed out by Sureshchandra and Shrinivasavadhani (2008), agile is an iterative, team-based methodology to development. This approach lays emphasis on the speedy delivery of an application in wide-ranging functional constituents. Instead of generating tasks and schedules, all time is “time-boxed” into stages called “sprints.” Every sprint has a well-defined period with a running list of deliverables, scheduled at the start of the sprint.
(j) Include at least 6 reputable sources that the team members can access for additional information
There are different reputable sources that team members can gain accessibility to for additional information. These comprise of the following:
1. Project Management Institute
2. International Journal of Project Management
3. The Journal of Modern Project Management
4. Project Management Journal
5. International Journal of Project Organisation and Management
6. International Journal of Managing Projects in Business
…
References
Larson, E. W., Gray, C. F. (2011). Project Management: The Managerial Process. New York: The McGraw-Hill Education.
Project Management Institute. (2004). A Guide to the Project Management Body of Knowledge: (PMBOK Guide). PMI.
Zulch, B. G. (2014). Communication: The foundation of project management. Procedia Technology, 16, 1000-1009.
Abudi, G. (2013). Managing communications effectively and efficiently. Paper presented at PMI® Global Congress 2013—North America, New Orleans, LA. Newtown Square, PA: Project Management Institute.
Westland, J. (2007). The Project Management Life Cycle: A Complete Step-by-step Methodology for Initiating Planning Executing and Closing the Project. Kogan Page Publishers.
Maserang, S. (2002). Project Management: Tools & Techniques. Retrieved March 2016, 2019.
Piney, C. (2003). Risk identification: combining the tools to deliver the goods. Paper presented at PMI® Global Congress 2003—EMEA, The Hague, South Holland, The Netherlands. Newtown Square, PA: Project Management Institute.
Pinto, J. K. & Kharbanda, O. P. (1995). Project management and conflict resolution. Project Management Journal, 26(4), 45–54.
Project Management AT&T is a leader in communication technology that connects people all over the world. Just as their customers and business depend on them and their services to remain connected, AT&T depends on the internal resources they have particularly project and program managers so that they can remain as the best service providers. Huawei is a Chinese Telecom giant that deals with products such as fixed-line communications, optical transmission, mobile
Project Management Plan of a New Restaurant This project management plan is majorly concerned primarily with the first two steps which are defining the project; the project objective is broken down into a series of manageable steps called tasks and designing the project process; this work is performed by the project manager and is presented in the GANTT chart where the tasks are displayed in more detail (Hamilton, 2004). Besides, for
Project Management Involved Formation of Airbus Project Management involved in Formation of Airbus The report investigates factors that led to the A380 project crisis. Analysis of the project revealed that Airbus did not integrate an effective project management model into the project lifecycle leading the project to be two years behind schedule, which eventually led to the costs escalations. The report reveals several lessons to be learned from the A380 project crisis.
Project Management Your company planning construct a nuclear power plant Oregon. What is a project life cycle, and how does it support project success? Ensure you define the basic stages of a project life cycle and the primary activities that take place. According to Bin and Heiser (2004) project life cycle refers to the stages a project goes through from the beginning till it is completed. The project life cycle will indicate how a
Project Management February J. 2014 A project is a temporary group of activity designed to produce unique products and services or results. Typically, a project has a defined beginning and end and therefore having defined scope and resources. (Pierre, 2012). A project also has a specific set of operations to accomplish a singular goal. Examples of projects are as follows: Development of software to improve business process, Construction of bridge or building, Expansion of sales
Change management is very critical in project management and must be covered in this set of three articles. #2: The rest of the students are not interested in academic careers, however, you feel it is important that they receive a theoretical knowledge of the subject matter. What five essential theoretical lessons would you share with your students that you feel are the most important in assuring professional success as a
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