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Eight traits or skills associated with being an effective project manager
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Introduction: A project well begun, is equivalent to getting half of it done. Similarly a project half terminated is equivalent to never getting it completed. It is never easy to gracefully terminate a project. Finishing a project is actually more difficult than starting a new one. The case study “A Systematic Approach to Project Termination” discusses that the issues relating to the termination of a project. The issues can be divided into two categories, intellectual and emotional. Intellectual issues include the identification of residual deliverables, finding and cancelling unnecessary outstanding tasks, closing of work orders and physical facilities, collecting and organizing historic data, and disposing of the material. Emotional issues include the loss of project spirit because of the fear of no future work, loss of interest in the remaining tasks stress, loss of project based motivation, loss of team identity, reassignment of personal, and diversion of effort. The case study discusses that the resolution of the intellectual and emotional problems within the scope of the project manager’s abilities. The case study also addresses the personal attributes of a project manager who brings projects to successful closure. The following paragraphs will discuss some examples and methods for successful termination of a project. A natural termination of a project happens when the project’s goals are met. An unnatural termination can happen anytime during a project, regardless of the project meeting its set goals. The unnatural termination of a project can happen because of a breakdown in client/vendor relationships, a change in customer needs or due to lack of sufficient funds for the project. Highly successful projects can be termi... ... middle of paper ... ... which help the project manager in the termination of a project. Finishing a project is actually more difficult than starting a new one. A project manager should understand that an ordered termination of a given project sets the stage for new work with the same client in the future. Hence in conclusion, I feel that a project manager should understand that a trouble free termination is considered important to the closure of the project as it is a significant contribution to the future of an organization. Works Cited PMBOK. A Guide to the Project Management Body of Knowledge, 2008, Page 343. Smith J., Puncturing the Hot Air Balloons on U.S. Defense Spending, Retrieved January 22, 2012 from http://www.defpro.com/daily/details/949/?SID=99d7114acb063f540d64adc2b9784868 Spirer H., A Systematic Approach to Project Termination, September 1984, http://www.pmi.org/
Gray, C., Larson, E. (2008). Project Management: The managerial Process. New York, NY: The McGraw-Hill Companies Inc.
What’s the problem at WCBA? Currently, it seems to be a lack of training and leaderships. Ms. Calder is doing a wonderful job building relationships and making the students feel welcome however she is failing at setting the standards on how to run the station effectively. Also, she is spending more times trying to build friendships than training the students and holding them accountable.
Projects are widely used by many organizations and government institutions in the course of conducting their business. One of the reasons for this is because they have been proven to be effective in initiating change and translating strategic programs into daily activities. However, it has been established that most projects fail to deliver on time, budget, and customer specifications. In most cases, this failure is caused by over-optimism by the project management team. This over-optimism commonly referred to as optimism bias can simply be defined as overestimating the projects benefits and conversely underestimating its cost and duration time. Research have portrayed that this is often caused by failure to properly identify, understand, and manage effectively the risk associated with the project therefore putting its success at jeopardy(Mott McDonald, 2002). Fortunately, this biasness can be detected and minimized during the project gateway process.
Jugdev, K. (2012). Learning from Lessons Learned: Project Management Research Program. American Journal of Economics and Business Administration , 4(1), 13-22.
Although it takes place at the end of the project lifecycle, closing a project is an equally important step in managing a project. In the final phase, project manager has the opportunity to schedule a formal completion or de-commissioning meeting with the client, project team and Project Sponsor. “The purpose of the meeting is to review the final acceptance document and obtain final approval that the project is complete and objectives have been attained” (Mastering-projectmanagement.com, 2014). This phase also entails celebrating the success of the project, identifying and planning for any follow up activities, and reflecting on lessons learned to be applied to future projects. The activities other activities such as budget audits, gathering and storing all documentation, and creating a final report including a Lessons Learned document all take place in the closure phase of the project(Darnall & Preston, 2010).
The projects in today’s world are given a lot of importance and it will continue to grow in the coming years. There are a lot of companies which do not have production, but all of them do have projects. There are a lot of books which have been published on which related to planning and managing the projects. The one of the most important one was published by the author Eli Goldratt in his book ‘Critical chain’. This book basically talks and shows how the application of theory of constraints in the field of project management. The novel is basically based on one of the MBA classes in America where a number of ideas are developed in discussions among the students and the lecturers. The lecturer is basically fighting for a tenure with the president of the university who expects a downturn in the executive MBA. The lecturer who teaches project management has a word with one the senior colleagues and project management was the right topic to teach. There were three students who were placed in the project management team of their company which manufactures electronic products. The students are enrolled in this MBA class along with other students, here they discover a new approach to project management which is known as the
Risk management is among the most important practices in the field of project management. A successful project completion and risk management often go side by side. An interesting aspect of project management is that a project can sti...
Project management is said to be completed within time when it completed within the “triple constraints”: cost, time and quality. And in a lot of causes, one them is sacrificed so as to meet the other two. Project managers prioritize which ones are the most important.
The topic of my group (group 4) was “How to totally float through your project for free” and the presentation was held by Roger Goodman who works for PMI NZ and Ernst & Young supply chain management with many years of working experience in many different countries such as Saudi Arabia and China.
The purpose of this research was to investigate the project management issues in construction projects in Pakistan in order to recognize which issues are more vital for the overall success of any construction project and to suggest recommendations for improvements in the field. More and more organizations are shifting towards project organizations in Pakistan, thus creating a need to understand the factors that lead to effective project management or vice versa...
Risk management has been one of the major concerns of executives and professionals involved with projects today, especially after the financial crisis that shook the world in 2008.The results of ex-post assessments of project or even verification of lost business opportunities for companies are clear signals that this evidence has become more intense (Junior, 2013).
The eighth chapter in the textbook takes a look at what goes into evaluating and terminating a project (Mantel 272-290). Evaluation and termination are the final stages of a project. Evaluation of a project looks at “the progress and performance relative to the project’s initial or revised plan” (Mantel 272). This should be done at the end of the project, but it is also important to evaluate the project throughout the project life cycle since it gives management the data needed for decision and control purposes (Mantel 273).
Westerveld, E., The Project Excellence Model®: linking success criteria and critical success factors, International Journal of Project Management, Volume 21, Issue 6, August 2003, Pages 411-418. Science Direct [Accessed 10th February 2014]
When planning a new project, how the project will be managed is one of the most important factors. The importance of a managers will determine the success of the project. The success of the project will be determined by how well it is managed. Project management is referred to as the discipline that entails the processes of carefully planning, organizing, controlling, and motivating the organization resources so as to foster and facilitate the achievement of specific established and desired goals and meet the specific criteria of success required in the organization (Larson, 2014). Over the course of this paper I will be discussing and analyzing the importance of project management.
Project management involves all activities that encompass scheduling, planning, and controlling projects. A successful project manager ensure that an organization’s resources are being used both efficiently and effectively. Most projects need to be uniquely developed require a sense of customization and the ability to adapt to any posed challenges. The scope of effective project management includes defining what the project is and what is being expected to be accomplished. Projects are imposed to fulfill a certain need and project managers must have the ability to create the proper definition. Goals and the means used to attain those goals have to be clearly stated. Project Managers must also have the ability to plan