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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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When searching the Internet for the terms project management, project management careers, project portfolio management, and IT project management many hits come up. Utilizing the Google search engine, there were 818,000,000 results for project management, 327,000,000 results for project management careers, 77,800,000 results for project portfolio management, and 949,000,000 results for IT project management. This paper will examine three websites that I found to provide interesting information on one of the following topics: project management, project management careers, project portfolio management, and IT project management; as well as the Project Management Institute’s Web site. The four websites that will be examined are: CIO – Project Management Definition and Solutions, Project Management Certification, and Wisconsin School of Business – Project Portfolio Management. Based on the findings from CIO – Project Management Definition and Solutions, Project Management Certification, Wisconsin School of Business – Project Portfolio Management, and Project Management Institute this paper will answer the question: how can organizations justify investing in enterprise project management for IT projects? CIO - Project Management Definition and Solutions Joseph Phillips’ article “Project Management Definition and Solutions” published on cio.com explains the basic principles of IT project management and why IT projects fail. All temporary ventures taken to create unique services or products, also known as projects, travel in the five phases that make up the project management lifecycle. These phases are: (1) initiating, (2) planning, (3) executing. (4) monitoring and closing, and (5) closing (Phillips, 2014). “IT projects fai... ... middle of paper ... ...t when it comes to enterprise management solutions (Online, 2014). References "Center for Professional & Executive Development." Project Portfolio Management. Wisconsin School of Business, Web. 08 Apr. 2014. . Project Management Instituue. Web. 08 Apr. 2014. . "Online Project Management Certification Programs Directory." Project Management Certification. Web. 08 Apr. 2014. . Phillips, Joseph. "Project Management Definition and Solutions." CIO. Web. 08 Apr. 2014. Solutions>. "What Is Enterprise Project Management?" Pinnacle Management. Web. 09 Apr. 2014. .
Gray, C., Larson, E. (2008). Project Management: The managerial Process. New York, NY: The McGraw-Hill Companies Inc.
Song, P. H., McAlearney, A., Robbins, J., & McCullough, J. S. (2011). Exploring the Business
Generally, the software projects that failed are evaluated in terms of cost, time, human resources (employees involved in project), Objectives caused to start a project have to be changed. The failure of the software projects may happen at any level sometimes at designing phase, requirements phase, etc. Many researchers, summarized that the main reasons for projects failures are:
Kerzner, H. (2013). Project Management: A Systems Approach to Planning, Scheduling and Controlling. Hoboken, NJ: Wiley.
Project Management is a concept of making the project successful through knowledge, processes, methods and experience. Every project is unique since it needs the same mythology of the methods but the circumstances are always different. The success rate of a project can be derived from the output it produces, outcomes or benefits, according to a criteria within agreed budget and timescale.
Sharma, D., Stone, M., & Ekinci, Y. (2009). IT governance and project management: A qualitative study. Journal of Database Marketing & Customer Strategy Management, 16(1), 29-50.
Project Management Institute . (2008). A Guide to the Project Management body Of Knowledge. Newton Square, PA: Project Management Institute, Inc.
Successful organizations must manage resources and control the diverse range of projects operating within their systems at any one time. To be successful in the current business climate, organizations need to focus on how to manage the many competing requirements for resources. Conflicting resource requirements across multiple projects and corporate priorities not centrally managed usually are grounds for failure. I believe that a properly organized enterprise project office is the formula for successful project implementation. This paper briefly outlines what I feel is the main philosophy of the project office and two functions it can provide.
There is an immense difference in project management between a large traditional organization, a technology company, and a startup. To begin with, project management practice in a traditional company is superlative, well-defined and shows a sustained approach. They have a balanced set of strong metrics and internal communities to maintain personalized methodologies and tools to achieve project deliverables. However, in a large technology company, project management is complicated as the business needs keep changing with the demanding stakeholders from traditional organizations. Project management in an IT organization ensures that a factual technology is applied to provide a direct solution to the organization.
I am currently serving as Area Chairman of Management and Legal Studies in the College of Business of Loyola University New Orleans. In Addition, I hold the Henry J. Engler Jr., Distinguished Professorship in Management. As such, I have been heavily involved in educating business executive while conducting business researches. My research interest include Quantitative Analysis, Quality Management, Cross-cultural Management, Technology Management, Forecasting and Project Management. I have published numerous articles in leading professional journals worldwide. I also conduct Six Sigma Green Belt Executive Training regularly. I f...
“Project management is the application of knowledge, skills, tools, and techniques to organisational and project activities to achieve the aims of an organisation through projects” (PMI, 2003).
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.
Nowadays due to competition, economic pressure and mostly rapid technology changes, better ways to manage projects are being researched. Many projects are still managed ineffectively but a new trend called strategic project management is on the rise within the discipline of project management. The general idea about strategic project management is that project management teams must learn how to satisfy the business aspect of their project and support their company’s business strategy and sustainability while considering the time, budget and operational goals. Even though this approach is gaining popularity it has not become explicit in project implementation. The main aim of this paper is to provide a full definition and implementation of the project strategy concept.
Projects are typically undertaken to achieve a strategic objective for the organization. The need to provide customers with total solutions to thei...
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