Wednesday, May 6, 2020

Why Project Management Essay - 1484 Words

WHY PROJECT MANAGEMENT? Project Management has become increasingly important for any corporation, organization, government agency, and even small businesses in the last couple of decades. Project Management, as defined in the text, is the application of knowledge, skills, and techniques to accomplish projects successfully and proficiently. It is a tool utilized to keep projects and its tasks organized, but if not used correctly, can bring down the entire project operation. I have witnessed, first hand, a Project Manager (PM) accomplishing his goals and tasks successfully for a particular project. Everything was running like a well oiled machine, when what I can only explain as â€Å"a god complex† intervened and halted the project three†¦show more content†¦The scope of a project cannot be elusive otherwise the project tasks will become poor in quality and lack substance to the end results. Being unclear with the project’s scope can cause scope creep. If the client expects certain res ults and feels they were delivered inadequately, then the scope contains, what I like to call, a â€Å"grey area†. Don’t leave anything within your scope open-ended. The life cycle with a finite due date attribute refers to all start ups, peaks, ups and downs, and completion due dates within a project. Times vary for completion of tasks and as explained prior, some tasks have to be completed so that other tasks can begin. Think of life cycle and due dates as a timeline or a histogram for the project. Calculating the unexpected is almost impossible, but any good Project Manager will learn to expect certain problems to arise and adapt accordingly. Whether a project starts hard and fast or begins slow, due dates have to be followed diligently. One project completion can also be the start up of the next follow on project. Having more than one project, working side by side at the same time, utilizing the same organizational resources is known as the inter dependencies attribute. Resources may be scarce in the organization due to the ongoing projects within it, so when defining the scope of the project, ensure that enough organizational resources (budget and tangibles) areShow MoreRelatedWhy Relationship Management Is Imperative For Project Management Essay2040 Words   |  9 Pages3.1. Why relationship management is imperative for project management in nowadays The aspect of the period, in the past, the project contains a contract of limited time. At this time, poor performance, such as time delays and cost overruns, are not uncommon in construction projects and the reasons behind these problems have attracted the attention of construction practitioners and researchers. Performance tries to avoid failure project. As a result, people who are in the project management areaRead MoreThe Importance Of Project Management Competencies And Why They Are Important1324 Words   |  6 PagesThe purpose of this study is to analysis the importance of project management competencies to obtain a successful career in the field. The problems addressed in this analysis are to gain an understanding of the project management competencies needed for successful implementation in any industry given. The analysis contributes to research and practice in two ways. Firstly, I identified and report on project management competencies and why they are important. Second ly, the analysis proposes a frameworkRead MoreWhy A Project Can Fail Such As Poor Cost Management3409 Words   |  14 PagesTask 1 P3, M1 Their are many reasons why a project can fail such as poor cost management. This can cause a project to fail because it can cause the project to go either over-budget or under-budget. Going over-budget will cause the most problems for the project as it could leave the without any money for important resources which will stop the progress of the project. It could also cause the company to go bankrupt of they where relying on the project to stay in business and its not ready in time becauseRead MoreWhy Project Management Has Become A Driving Force1539 Words   |  7 Pagesinitiatives. It is no mystery that the way that these projects are managed will dictate the level of success that will be experienced. In today’s business world the process of project management has become a driving force in order to help ensure that these initiatives become a reality. The majority of the modern business will has become to realize the importance of project management, the oversite required throughout the life-cycle of a project, the concepts that such be applied during planning,Read MoreWhy Project Managers Need to Understand Business Strategy and the Strategic Management Process?1708 Words   |  7 Pages1) Introduction This report is produced to study the importance of aligning Project Management with Business Strategy and Strategic Business Process. Fundamentally, all Project Managers must have full comprehension of the bigger picture of an organization Business Strategy and its functional level game plan. This would help them with project operational level decision making as well alignment of projects alignment with corporate mission. . The report will be giving general analysis of inter relevanceRead Moreâ€Å"Why Is the Waterfall Model Valuable in the Management of Information Technology Projects?†1450 Words   |  6 Pagesplanning, mistake free calculations, and a foolproof strategy a project leader and his/her team can really set the tone for the entire project. The project leader makes all the final decisions and his /her team research, gather, review and compile the information. The information is organized by using a feasibility analyses in four different areas. These four areas are the schedule, which includes project timelines and deadlines, a project calendar, and other specifics. The other three areas are technicalRead MoreInformation technology for managers1289 Words   |  6 PagesFurther permission questions can be emailed to permissionrequest@cengage.com Content Product Manager: Heather Furrow Senior Art Director: Stacy Jenkins Shirley Cover Designer: Lou Ann Thesing Cover Image:  ©Getty Images/Photodisc Technology Project Manager: Chris Valentine Manufacturing Coordinator: Julio Esperas Composition: GEX Publishing Services ISBN-13: 978-1-4239-0169-3 ISBN-10: 1-4239-0169-X Course Technology 20 Channel Center Street Boston, MA 02210 USA Cengage Learning isRead MoreProject Management Chapter 5 Q A Essay1080 Words   |  5 Pagesï » ¿ CHAPTER 5 Project Scope Management DISCUSSION QUESTIONS 1. What is involved in project scope management, and why is good project scope management so important on information technology projects? Scope refers to all the work involved in creating the products of the project and the processed used to create them. Project scope management includes scope planning, scope definition, WBS creation, scope verification, and scope control. It’ important to Information Technology because it isRead MoreThe Importance Of Creating Strategic Goals At Strategic Planning Essay1322 Words   |  6 Pages Institution 1.0 Introduction In the process of strategic planning, each and every part of the involved process happens to be very important. Despite the importance, one of the most important aspects of planning entails the development of a project strategic, objectives, and corporate goals as well as the goals of the business (Bearce Tirone, 2010). A large proportion of the all the analysis done by people in strategic planning happens to be designed for purposes of helping the individualsRead MoreManagement and Project1719 Words   |  7 PagesWhy did Cisco need an ERP solution? When Solvik joined Cisco in January 1993 as the company’s CIO, he realized that the company was growing significantly. And according to his experience he realized that the present system did not provide the degree of redundancy, reliability and maintainability that Cisco needed. He also knew that the system will not be able to handle the growth of Cisco from a $500 M to a $5B company. This is when he decided to change a few thi ngs to satisfy the needs of the company

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.