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Project management theory
Role of project management in achieving project success
Project management
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Introduction For more than 25 years, The Little Black Book of Project Management has been introducing project managers to the incredibly effective and logical project management skill and methods to help them achieve their goal. This book has been flooded with very nee project management techniques as well as the latest standards of the Project management body of Knowledge (PMBOK) .accepted by PMI (Project Management Institute). The book contains the most effective methods of completing a project within its budget, schedule, and the resource constraints. It briefly explains all the stage process of every major project goes through. From creating the plan to monitoring and evaluation, there is a lot for project managers and supervisors to learn. …show more content…
In chapter 9, Michael C.Thomsett describes the procedure of conducting the project review. He said, “The role of the manager is to keep your team working toward the final deadline, within the budget, and in the line with the goals of the project and on a broader field to produce the result of the highest possible quality and accuracy.” Project monitoring and controlling activities go along with Project Execution Process group so that while the project being done the status of the project and be controlled by the appropriate level of oversight and corrective action. Scheduling control is another main topic Thomsett wrote about in the book. This topic especially focuses the time management section of a project. The more effort put into developing the initial schedule, the higher chances for meeting deadlines, both for phases and the final project. Michael C.Thomsett summarized 7 basic steps to create a project schedule. These are followings:- o Identify phases o Plan start dates, o Estimates …show more content…
Conclusion When you are a project manager of a major project, one thing is certain, when the project is over, your reputation in your organization will either be better or worse depends on the how the project works out. This book is designed to help all project managers take charge of any major project and its individual responsibility. Michael Thomsett covers all the stages for a project to succeed. He stuffs a massive and impressive amount of words into 205 pages, although few times the text reads as if it is also the product of flow chart. Thomsett views on project management as more science than art, for example, that project managers should not build a “fudge factor” or “float into their budgets”. If you already are an accomplished project manager this book will seem basic to you. However if you recently started on this part or share the basics with your team member, you will find it quite helpful and
The project manager needs to concentrate on executing the phase along with the planning phase. The quality of the product needs to be checked and also the stakeholders need to be managed. Monitoring and controlling Process (Schwalbe, 2014): The project manager needs to monitor the project team from beginning of the project to the end of the project, needs to verify if any issues are being solved and also needs to check whether the objective needs are being met or not. In this phase they need to report the performance of the project and if required changes need to be done to keep the project on track.
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.
Picture a person who that is juggling doing several things at once; they are balancing a stick in one hand and another stick on their nose. Each stick has a plate on the top that they want to keep spinning without losing balance or dropping either. There is a lot going on in those actions including the exact timing of when to reach up and spin a plate, constant body movement to keep the sticks balanced as not to fall, and a continued push from the free hand to keep both plates spinning. This paradigm could be used to describe integration knowledge area of project management. Schwalbe (2014) defines project management as, “Coordinating all other project management knowledge areas throughout a project’s life-cycle. This integration ensures that all the elements of a project come together at the right
Rachel seems to be well-organized and has sound time management skills for a project manager. She creates a daily to-do list to keep her focused on achieving her most important objectives. Rachel is able to identify and focus on the activities that matter most. She seems to have the concept of the 80/20 rule or the Pareto Principle which is the idea that by doing 20% of the work you can produce 80% of the benefit of doing the whole job. She spends time focusing on risks and issues. She uses her team to create ideas and create solutions. She seems to trust her team and knows she has the right team for the job. She concentrates on steering the project to a successful conclusion. Rachel also seems to possess emotional intelligence. She is aware
Kezner, H. Project Management: A Systems Approach to Planning, Scheduling, and Controlling. 6th. New York: John Wiley and Sons, Inc, 1998. Print.
Monitoring and controlling (Schwalbe, 2014): This stage embraces that to make sure that the team meets the project goals. The necessary actions should be taken while monitoring the activities. The very common process is reporting the performance. This helps in keeping the project on track by making changes. So, the project manager should monitor their team members.
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
Project Management Institute (PMI) (2013). Project Management Professional (PMP) Handbook. [ONLINE] Available at: http://www.pmi.org/certification/~/media/pdf/certifications/pdc_pmphandbook.ashx. [Last Accessed 20 April 2014].
Project Monitoring is not among the four steps but is a vital task that every project manager needs to embark on. Being up to date with project progress enables a project manager to know if the human and non-human resources work well as scheduled. If there are gaps of under-utilization or over-utilization is some areas, the manager can easily shift employees to ensure that none of them are strained while another is relaxed. Constant and real-time monitoring of a team-led project makes it possible for a manager to shift assets to spread workload hence increasing
The Fundamentals of Project Management course has been very valuable in my academic and professional training. In fact, this course is also important for every single business both private and public company that provides both goods and services. Also, it is essential for everyone, especially for those who desires to establish a management professional life. The reason for that is very simple, for more simple that can be the development of a service or a development of a product both needs to have someone with the skills and knowledge to manage in an effectively way the scope, time, and budget required to accomplish the expected result. Thus, considering that I am attending regularly
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.
- Rockart, J.F., 1979, "Chief executives define their own data needs", Harvard Business Review, 57, 2, 81-93.
To organize and complete our project in a timely, quality and financially responsible manner, we need to schedule our project carefully. Effective project scheduling plays a crucial role in ensuring project success. To keep our project on track, we need to set realistic time frames, assign resources appropriately and manage quality to decrease product errors (Duggan, n.d. para. 1). We should strive to work smarter and not harder, and proper planning will make our job easier in the long run. We should ensure that we are following established practices and using standardized tools during the planning stage and throughout the life of the project.
Project quality management is defined as ensuring that a project will satisfy the requirements that it is initially intended to have. This means that not only meeting written requirements for scope, time and cost is needed in a project management, but it also must meet the specified and implied needs from a stakeholder(s) and this is where project quality management comes into play (Schwalbe, 2015, pg. 302). Project quality management purpose is to know how quality of a project will be managed during the development of the project and this is done in part by communicating the overall quality practices by the team project members. Project quality management contains three
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.