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Project Management: Perspective, Planning and Implementation
Project Management: Perspective, Planning and Implementation
Project Management: Perspective, Planning and Implementation
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Organizational project management.
Organizational project management is a concept that can used by the project manager to achieve the goals and objectives of the project. The project manager may use the organizational structure by either offering support to the direct actualization of the project or by aiding in the management of the project. A good approach and practices in an organization will assist in the devising an integrated way, to manage organizations portfolios and projects. OPM as stated by Dale Richards in his you tube video, applies the concept of management of portfolios in a holistic way in order to achieve the required results in an organization. In this case the project manager must be prudent to apply the concept well, so
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The organization should therefore set up structure and then allocate resources to facilitate in the execution of the activities in the organization as Jane Stanley in her you tube video portrays. The strategy should maximize what they organization shall receive after the completion of the project. This is a function of the activities carries out with the guidance of the framework. In this regard, the portfolio should be classified in terms of strategic goal. At the portfolio level (different programs and projects), the management should categorize the portfolio in terms of the goal to achieve and also the people involved in the implementation of the project. This means the project manager should have a clear layout of the people involved in the different programs and projects and assign them, specific goals which they should achieve. At the program level, each program should have a leader, the team working under the program leader and the structure processes. The team leader at the different programs should identify whether there is the need for a subcontracting, this shall depend on the vast nature of the program, expected time of completion and the returns
The method that an organization selects, develops, and executes projects is based on the goals, vision, and mission of the company. Goals or objectives are developed to support the mission and vision of a business, and provide staff members a means to conduct business and utilize resources (Vaidyanathan, 2013). Organizational strategy is the plan or approach that a company exercises to achieve the goals, objectives, vision, and mission of the company (Vaidyanathan, 2013). All of these elements provide staff members guidance and direction on how business should be conducted within the organization and furnish objectives for performance.
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
This study aims to find the relationship between leadership performance style and project success and to research that whether the project success is influenced by leadership style. According to Belout and Gauvreau (2004), “Nowadays, project management has become a key activity in most modern organizations. Projects usually have a wide variety of objectives, involve numerous internal and external actors, and are conducted in various activity sectors”. Many researchers have agreed that project leadership is one of the most crucial elements of a project’s success. There are many views on leadership and according to Dulewicz and Higgs (2005), leadership has been studied more than any other aspect of human behavior. Higgs (2003) identified six
Project management is a discipline based on careful planning, organization, motivation and control of resources to achieve specific goals and meet specific success criteria. Since every project is unique in nature, a project manager must learn to adapt and identify key areas to drive success. Thus, as a learning initiative, we were given a project to manage through a simulation program named Sim4Project. The emphasis of this simulation was on learning-by-doing, just like in a real-life project. Sim4Project provided a good mix of theoretical knowledge as well as hands-on experience. Professor Leonie gave feedbacks at the end of each period to ensure we were incorporating the project management principles learned in the classroom.
We can estimate the completion time of the project using this method and can reduce the factor of uncertainty by considering both the shortest and longest time calculation for the critical path.
Often, the goals and visions of the projects are not clearly discussed. The project management team doesn’t understand the needs of the organization.
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.
Introduction Performance management is the process of establishing a favorable working environment for a given organization such that every employee will have the ability to work at their level best to achieve the organizations goals and objectives. This process basically involves developing clear job description, acquisition of proper work force, providing appropriate training of employees and designing equitable compensation plans along promoting career development for the employees. Managing performance in any given corporate body is one of the most important contributions that managers should put into consideration. Setting up goals, laying down objectives and strategizing on appropriate methods to achieve such goals are the main essentials
together individuals that perform the same task or who hold similar positions such as finance, human
Performance management is a process that guarantees an organisation and all of its available resources are working collectively and effectively towards achieving the organisation’s mission or goal. Performance management affords an understanding of what drives an individuals, and even organisations, performance at all levels. An understanding of performance management allows for the identification and minimisation of unproductive areas of an organisation, as well as an ability to predict future performance. It is a powerful tool that can be used by managers at all levels of an organisation to help improve a company’s productivity.
Understanding the structure of an organization plays a vital role in laying the blueprint for how a company will be managed and organized. It provides a well-defined framework that outlines the roles and responsibilities of each employee in a particular company. It shows how each employee interacts and works one another in achieving the goals of a company. In other words, organizational structure is a reflection of the working relationships that govern the workflow of the company. It has a profound effect on a company’s structural dimensions, which includes formalization, specialization, hierarchy and centralization.
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.
The four steps that lead managers and the firm through the strategic planning process are first defining the company’s mission, then setting objectives and goals, next designing a business portfolio and lastly developing functional plans. The first step involves focusing on consumers’ needs and wants. Setting forth a market oriented mission that organizations want to reach based on consumers of the environment. After finding the mission, organizations then proceed to put together supportive objectives for every level of management to help achieve its mission. Next the company has to design a business portfolio evaluating all of its current business and future business by coming up with
The aim of this essay is to discuss nature of managerial work. In this paper I will compare commonly accepted views about managerial work from a literature and discuss different views on this topic. A manager can be defined as someone whose role in an organisation involves planning, organising, coordinating, commanding and controlling. Management is the act of carrying out the five roles stated above and has been there since the world was formed. From the biblical point of view when God formed the earth he put man in charge of the earth and everything in it. Today managers are seen everywhere i.e., at home where the father is manager of family security and mother manager of family nourishment and in the community where there are business organisations
The first and most crucial step is to create a solid plan. Plan should include the techniques, tools and data that are going to used in the project. The responsibilities of all the members should be distributed at this step. The utilization of resources and budgeting of the project should be done here. Management tools such as probability and Impact Matrix, FMEA are useful at this point.