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Galatians 2 Acts 15
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Project managers must possess the ability to use sound judgment based on the facts available to them, past experiences, and knowledge of current events to make effective decisions. Often, the success of project managers is based upon the outcomes of the decisions they did or did not make. As such, conducting performance assessments, during project implementation and after project completion, enables project managers and project stakeholders to accurately evaluate the success of the project. Projects are innately complex and multifaceted; therefore, project successes are difficult to measure and ascertain. “Based on an extensive review of the project success literature … a clear definition of project success does not exist and there is a need to develop meaningful and measurable constructs of project success” (Mir & Pinnington, 2014, p. 203). Larson and Gray (2014) explain that setting and maintaining a baseline plan is an essential variable in controlling performance and identifying areas for improvement. “The baseline is derived from the cost and duration information found in …show more content…
Luke 14:28 asks “For which of you, desiring to build a tower, does not first sit down and count the costs, whether he has enough to complete it?” (ESV). 1 Corinthians 14:40 advises “But all things should be done decently and in order” (ESV). Both of these passages reflect the significance of due diligence in developing and maintaining the cost and time schedules. Project implementation and managing control measures is often a complex matrix involving many components and stakeholders, however, conserving the integrity of the costs, time, and quality is essential to continued successful project management. Galatians 6:9 reminds us to be diligent in our efforts; “And let us not grow weary of doing good, for in due season we will reap, if we do not give up”
The initiation phase of a project is not complete without a clearly defined goal and realistic, measurable objectives that describe the business benefits which are expected to be delivered upon completion of a project (Laureate Educatio...
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.
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
Crawford (2000) suggests that project leadership is the highest ranking category among project management competence factors. Project management leadership style affects overall project performance. Recent research supports the idea that successful projects are led by individuals who possess not only a blend of technical and management knowledge, but also leadership skills that are internally compatible with the motivation of the project team (Slevin and Pinto, 1988; Turner et al., 1998). Zimmerer and Yasin (1998) found that positive leadership contributed almost 76% to the success of projects. Negative or poor leadership contributed 67% to the failure of projects. Project leaders need both, relationships and task oriented leadership styles, to cope with the challenges within different phases of project (Slevin and Pinto, 1991). In projects, project leaders must lead their teams towards completing defined goals with in a fixed time scale. Verma (1997) states “Achieving the goal or final aim is the ultimate test of leadership”. Goals and tasks are achieved through people thus making people an important resource for
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.
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.
Disciplined time management is fundamental to effective project management, if a project manager cannot control his own time, then the project cannot be controlled. (Kerzner, 2013). Key elements to time management are planning and prioritisation. Planning is a system in which you categorise what you need to do for a project such as determining objectives, identifying achievement steps, the breakdown of the task into components tasks, time taken and identification of what you require from others (Caunt, 2013, 27). This indicates that a plan can be likend to a process in which steps have to be clearly defined in order for it to work. Plans should always be time bound, giving the relation to time maagement, planning is as fundamental to time
Establishing PMO Standards and Metrics The standards and metrics are the foundation of a successful Project Management Office (PMO). These standards and practices help a PMO to suggest and implement best practices and the corresponding tools to advance and gauge the performance of the project management methodology of an organization (Hill, 2013). Therefore, the vital objectives of this critical thinking report is to highlight these fundamental elements and showcase how the standards and metrics can be used effectively within the scope and responsibilities of a PMO. Moreover, with the help of a few practical examples the benefits of the PM standards and practices for the PMO would be described, along with the Information Technology (IT) needs
Project managers have to improve their skills every day to deal with the organizational change and especially the world’s Megatrends. However, it can be a challenge for a project manager to comprehend what skills they should be improved, what sections of project management knowledge that should be tried to perceive, and how to measure and enhance their performance.
Over the course of my professional life, I have become increasingly involved in project management roles. Doing so has made me aware of the many varied challenges that can face projects and the project managers who are charged with bringing them through to completion. The success or failure of projects, in whatever economic, political or social field, rests not just on the quality of the project’s goals, but also on the abilities of those involved in the project – and above all those who are managing it – to bring it to successful completion. To do this, project managers need to be equipped with a very wide range of skills, many of which are unrelated to the type of project itself. So, for example, a project manager of an engineering project must not only have engineering
The history of the project management is been very ancient, even before the existence of Gantt chart, history offers serval successful project complete, the Great wall of China, The pyramid, and coliseum each one is good example of project. For each of these project someone should hold to manage hundreds to thousands of worker for many years, and make sure the project in progress in right way and track them and at last the result should be satisfy. Despite of all these great project achieved there are lack in documentation and records throughout the history, most of the earlier project and historical project the documentation are rare. “There are a reasonable rationalization for rare of the document of historical
As someone with a keen interest in project management, I was eager to experience all the stages of a project life cycle from its inception to conclusion. When I found out that we had to complete a project that ends with chairing a project management session during the SIUE Project Management Symposium, I was eager to participate. It didn’t take long for me to realize that even though it was a class project, we had to adhere to a lot of industry-standard project management practices or were in danger of failing to deliver an excellent product to our client and our stakeholders. I am happy to have been part of a successful project and while it was not always rosy, a lot of us had to learn a lot on the journey to delivering the final product. In the next few paragraphs I will breakdown my experience on working on this project into 3 sections; the most important thing I learned, the most surprising thing I learned & finally, the most useful things I learned.
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.
A careful and close monitoring of time and cost must be performed to ensure a project is successful. Often, time and cost constraints are common issues with projects especially in construction projects; and if not monitored closely, it can have a devastating result for the project. Moreover, time and cost of projects can mean the difference between successful project completion or delay and added cost to the project. Therefore, a successful project requires detailed analysis of cost and time; project managers must explore ways to reduce time and cost where possible (Eckhart-Queenan, Etzel, & Prasad, 2016). Project managers can mitigate constraints by fast tracking or reducing project scope or when there are no constraints by adding resource