Essays on Project Management

Recommended Project Management Tools

There are many project management tools that can be used for this particular project. But to start from the basic, there are various software suites and packages that could make the daunting life of a project manager easier. One particular example would be the Creative Pro Office. Creative Pro Office is “a complete set of online project management tools and software generally designed for project managers, regardless of their field of operation” .

It features the capability to estimate an invoice and then turn that estimate into an invoice in just one click; ledger and various views that easily exposes ...

Introduction.

A project is an undertaking with an expected return after a given period of time. Projects are mostly formulated with an objective or goal to be achieved after a defined period of time. The intent of this paper is to analyze the nature and process of project development in relation to HLR Inc. The organization is in its early stages of development but with high growth rate of 25 percent annually. This is an indication that the organization has high capability of development if proper development strategies are implemented. The organization has a targeted growth of 35 percent in ...

Meaning & Definition

All companies work on projects, which unlike their permanent and ongoing daily routine operations are “temporary activities undertaken to produce a unique product or service or result, thus, making them have a defined beginning and end time” (PMI Inc., 2013). They “achieve a specific goal of creating the product or service in question, by performing defined activities that consume a given set of limited resources” (Munns & Bjeirmi, 1996, p.81). All projects are successfully mobilized and completed by employees, by judiciously leveraging other limited resources such as time, money etc., thus, bringing into the picture, the need for proper “planning, ...

A project manager is an employee tasked with planning and organizing the necessary resources for inception and completion of a project. An employee that holds such a portfolio is indispensable to any firm or an organization. He or she often is the individual who makes the difference between project failure and success. An efficient project manager in any Project Management Office must have what it takes to lead and organize a diverse team for a successful implementation. The project management process is complex and often requires simultaneous attention to a wide array of budgetary, human, and technical variables. As ...

A human resource plan is a plan that is created with the aim of having a clear guideline of how an organization’s human resource will be used to ensure that there is efficiency in the completion of a certain project. A proper human resource plan should have a number of factors. These factors include:

- The assignment of roles and responsibilities

Every human resource plan should have a summary of the job descriptions or names of people who will be involved in the completion of an organization’s project. A clear description of the duties of all the ...

For example Elizabeth L. Angeli, Department of Psychology, State University.

This research was supported in part by a grant from the Sample Grant Program. Angeli, Department of English, Purdue University, West Lafayette, IN 55555 Project Management Definition and Introduction. A project is a one-off task as compared to an “ongoing task”. Project management focuses on completing one-off tasks on time and on budget. One of the dark side of project management is that a project objective may fail to be met. The project manager has the following responsibilities. - All stakeholders agree to granular detail on the expected outcome ...

Introduction to Project Management

Introduction to Project Management Monitoring and evaluation tools are very important for the proper management of projects. In information technology projects, not producing outputs on time is almost synonymous to saying that the project will be a failure. Most of the information technology projects are time-bound that if scheduled deliverables are not delivered on time, the project may not me applicable anymore because of the fast-paced technological innovations. The three most common tools used in the scheduling, monitoring and evaluation of IT projects are PERT, CPM and the Gantt Chart. PERT is short for Program Evaluation and Review Technique. ...

The video titled “How to Network” is an illustration of essential networking tools. The video explores some of the methods, and tools of creating beneficial networks with different people including, employers, employees, colleagues, friends and even family. The building of essential networks is critical in project management as it allows the employees and managers to get to each other better by allowing the building of personal profiles which both parties can access. Organizations often use project management as a way of bringing individuals together so as to achieve a specific goal as indicated in “The Role of Project Leadership ...

Management is a base of successful company’s growth. There are different principles and rules which are used by managers to analyze or understand the severities that may arise due to the realization of the project. The one thing created for better managers’ work, especially in resource planning, is project management triangle or triangular management. First of all I want to consider what the project management triangle is. It includes three sides: time, cost, scope and a core – quality. So, this triangular describes three main constraints of every project. Time is an uncountable factor which depends on the amount ...

Facilitator

Project management is a core practice in modern businesses. However, most managers do not understand the significance of this strategic business management practice. Project management is a helpful practice in business because it allows managers to plan for the project (Tria, 2003, p. 3; Dash, 2002, p.127; Ferdows, 2006, p. 8). Through planning, a manager allocates the available resources. Planning is necessary because of the scarcity of resources. Project management enables an organization to execute a plan successfully without making grievous mistakes. A project that goes through all stages of project management can hardly fail (Thamhain, 2012, p. 10). ...

- INTRODUCTION - Overview of the topic Project management has become an integral part of organizations in today’s competitive world. Managing projects is important if the organization wants to achieve success (Lewis, 2006). Organizations that are not able to manage their projects effectively and efficiently are likely to fail in this competitive world (Munns, & Bjeirmi, 1996). Therefore this highlights the importance of managing projects. In order to manage projects effectively; businesses have started using the services of project managers. Project managers are the person responsible for managing the overall project. Project manager can solely focus on achieving the ...

Project Management 1

Interesting enough, project management is 2 words that are heard quite a bit in big organizations like Human Resources for example. Now, despite the fact that project management comes in handy in any and every organization, there are some definite pros and cons to project management. They are these:

Advantages

One of the advantages of project management is that the customer is always right, when you have effective project management, the client doing business with the company will always come back to that company when they need something done. Another advantage in project management is that people will be able ...

Professional Studies Summary:

Medical Ultrasonics: Ultrasound uses sound waves of high frequency to diagnose patients and image the body. Ultrasound waves are longitudinal in nature and they induce back and forth oscillation of particles thus producing a series of compressions and rarefactions. The velocity, wavelength and frequencies of these sound waves can be calculated using the formula,v=fλ where velocity (v) is the speed of the wave in meters per second (ms-1), frequency (f) is the number of oscillations in a second measured in Hertz (Hz), and wavelength (λ) is the distance between two rarefactions and compressions in meters (m). Ultrasound uses sound ...

Introduction

In order to understand the meaning of project management, it is important to understand the meaning of the project. A project is something an event that does not take place as a routine. It has a specified beginning and end (Goodpasture, 2010 p. 36). The main aim of conducting the particular event or activity is to meet certain specified goals (Berkun, 2005 p. 10). The goals can improve sales, employee performance or the brand of a particular product. The project should be coordinated (Kloppenborg, 2011 p. 80). It is where management is involved, and skills and knowledge are implied ...

In this article Douglas Ross talks about applying the principles of effective leadership as defined by Stephen Covey to the realm of project management. These principles focus on three main stages in the development of any successful leader. Independence, that is moving away from being dictated to by events and relationships and instead taking charge of them. Interdependence, which involves obtaining the maximum possible utility out of your team through ensuring their effective function and communication, and finally committing to a continuing emphasis on this improvement through training, mentorship, and a renewed focus on mental improvement. One of the ...

1: Define project and project management in your own words?

A project can be defined as a temporary activity undertaken with the aim of producing a unique product, result or service. It can also be said to be a temporary way of solving a problem that has a definite time of beginning, work, and ending. Project management on the other hand means the process of planning, organizing, initiating, directing, and control of resources available in order to solve a certain problem or achieve a certain goal within specified time limit.

- Project Initiation This stage involves the selection of the project, defining the benefits, selection of the project, documentation, ...

Identify how the six stages process for identifying a research topic will be used for your Management Project.

According to Galinafric Ltd, (2007), the Project Management research process is a systematic way to find the information that helps to make business decision. The below figure shows the research process into six steps: The Research Process, Source: Galinafric Ltd, (2007)

Step 1: Identify stakeholders

The first and most important part of project management research is to develop the relationship between stakeholders. Two main perspectives of stakeholder analysis are considered to clarify the different business choices. First perspective is to understand the importance of stakeholders and second is to develop the relationship between stakeholders.

Step 2: Describe the project

The most important step of Project Management processes is ...

Project management and the necessary requirements

Project Management refers to the process that consists of different activities such as planning, motivating, organizing, and controlling procedures, resources, and protocols that help to achieve particular goals in daily or scientific problems. In addition, the project is also referred to the temporary endeavor that is designed to create a unique service, product or result (Burke, 2013). The necessary requirements of project management include a defined ending and beginning time (time-constrained), unique objectives and goals, and funding requirements that aimed to add value or bring beneficial change.

Implications of changes in project scheduling

Changes in project schedule can be due to multiple reasons. However, the ...

Introduction

Crossrail is considered as one of the largest construction project of Europe, which connects east and west side of London city cutting through its middle. The length of the railway project is about 118 kilometer, with 37 stations, which includes sea and air port links. The prominent centers it connects include Heathrow airport, Maidenhead, Canary wharf, Abbey wood, Shenfield, etc. The primary purpose of this multi-billion dollar project is to achieve large scale economic benefits, reduce cost of travel and significantly reduce the congestion in the central parts of the city. The projected is expected to completed in phases, ...

Educational Institution

Correspondence concerning this paper should be addressed to Student Name, There are various styles of leadership and all leaders portray some version of them. Whether they stick to a particular style, or if use a combination of styles, it is important for a leader to develop a style that is beneficial to their team and that will prove to be effective in leading their projects. Hodgkinson (2009) states that leadership styles are “a soft skill which is often neglected in training” (Hodgkinson, 2009). The problem is that leadership skills cannot be accessed by reviewing a resume or completing a ...

Introduction

According to the Project Management Institute, the term project management refers to the precise application of skills, knowledge and techniques to implement projects in a commendable and efficient manner. It involves the strategic proficiency for organizations, through individuals to enable them tie project outcome to the business goals and objectives to boost their market competition. It is often with integration of planning, motivation, organization, and control of resources with clear protocols and procedures to accomplish specific objectives in pragmatic (scientific) manner. It is in the light of the above that the Crossrail railway project, which is a 118 kilometer ...

Taylorism is name after Frederick Taylor, a production supervisor who devised standardized methods of production, to replace the traditional methods. Fordism is named after Henry Ford, an American engineer who later laid the foundations of Ford Motor Company. Henry Ford also called for specialization of taska in a job, which also helped him produce low cost cars. Both, Ford and Taylor laid the foundations of industrial America. Henry Ford advocated specialization with standard parts for automobiles. Taylor called for specialist workers with organized work to perform the tasks. Ford also focused on arranging machinery in a way that will ...

Project management is a term that has two words; project and; management. For a clear understanding and definition of project management, we must start by defining these two building words; According to Method123 (2003), a project is a unique endeavor that is set to achieve a set of deliverables within a specified time, resources among other constraints. Every project is unique in that it has its specific and unique goals to achieve within a defined timescale, limited resources, budget and associated risks. At the end of it all, each and every project is usually aimed at achieving a beneficial ...

(Study Programme)

Introduction

Projects are the main drivers that bring about change for most organizations. Anytime the management decides to have something innovative or have something ancient done in a different way, the project evolves. After hatching a new project, the rest of the efforts focus on design, organization, implementation, observing and management the project. Sometimes in the life of a project, there may be some disconnect between the project deliverables and the organizational needs. If such disconnect is not taken care of effectively, there are possibilities of dropping the project along the way. In order to ensure that the ...

Abstract

Over the recent decade, the efficient implementation of project and program management has become very crucial for business success. Many researchers are anxious about successful use of various project programs. Organizations, in their turn, are in constant search for the efficient tools for managing desired objectives and reducing possible obstacles in today’s competitive international commerce. This writing presents the managing approaches and discusses key elements of the project and program management framework. Additionally, the paper introduces the standard development phases of a project, which efficient application may reduce risks and costs and promote prosperity. Also, detailed studies and ...

1.1 Network Diagram The activity on node diagram is represented by the node, whereas the direction in which the activities will be fulfilled is represented by an arrow (Field and Keller). The activity on node diagram for Fencefall Limited is as follows: 1.2 Timing of activities and float time

Timing of activity:

The timing of the activities was determined by forward pass and backward pass: Forward pass In the forward pass method, every activity is assumed to begin right after the predecessor activity ends, thus, the early start time of the project is zero and the early finish time of an activity ...

INTRODUCTION:

Process management, project and system management are seen, as the best way to improve the business productivity (Miers, 2006). Project and system management allow the businesses to enhance the business productivity by reducing the cost, increasing the efficiency and capability to turn the business immediately. A business success hugely depends upon the people it takes to work, the way they perform together, the advance technology and system they use, and under what conditions these performance goals work (Dabaghkashani, Hajiheydari, and Haghighinasab, 2012). This report has discussed the importance of project management, process and system management in businesses and their ...

International Joint Ventures (IJVs) to support Sustainability,

Corporate Social Responsibility (CSR) & innovation Introduction The concept of managing a business organization has incurred particular changes within the past ten years. It could be understood that somehow, with the development of the society comes the changes in the ways by which humans specifically respond to business organizations existing within their midst. Practically, the decisions they make are affected by the said businesses. It is because of this fact that the business organization intend to make use of such options to make sure that they are able to make an impact on the ways by which the people around ...

Abstract

Project management is one of the essential fields that any executive personnel who have a vision to establish outstanding projects should embrace. There are different strategies that are utilized by large, medium and small corporations and projects to ensure that the management business within and externally goes on smoothly. Ideally, the project report aims at investigating the management practices that existed in the Shard Tower Project. First, the reports outline and give a background description of the manner in which the Shard Tower Project has been managed in the previous times. There will be the use of professional measures ...

1.0 Introduction What is a Lean Technique? It is an inexorable pursuit of maximizing value for the customer by eliminating waste in the process of delivering a standard product. It is structured into two categories; lean enterprise and lean system. Lean enterprise emphasizes on organization culture where staffs are in a constant improvement of their skills and production levels. On the other hand, lean system concentrates on waste (Mura) prevention such as labour, materials used and extra time that is not valuable to the main production service (Oehmen et al., 2012). Project management is defined as an application of ...

- Introduction Project leadership is one of the dynamic aspects of project management. Project management professionals have had to deal with changes in the project including information technology, new training curricular for new employees posing challenge to organizational traditional designs, and project life cycle. Project management professionals have the challenge of understanding the diverse roles of the handling different work processes and organizational personnel. This training program outlines the requirements and methods required to provide training on leadership development, especially based on designing appropriate communication channels within organizations with different levels of personnel and departmentation. - Training Scope - Training ...

The project management style that places more emphasis on the required resources that are needed in order to perform certain operations is known as the critical chain project management. Goldratt introduced this style. The style is different from the traditional techniques that are developed from the PERT algorithms and the critical path that places a lot of emphasis on the rigid scheduling and the task order. The critical chain style of management struggles to keep resources at the same level with the workload, but it needs that the resources should be flexible at the start of the project and ...

There is nothing new under the sun. Project management is not exception too. For the better understanding of the theme let's start our study from the very beginning, from the historical background of project management. This term was not used until the 1950s. However, what the phrase "project management" means? The Latin "projectum" is the origin of the word "project". It stems from the Latin verb "proicere" which means "to throw something forward". Leading forward a group of people to their aim is the mission of a manager. And whole time that he will spend doing that, will be ...

A project is an impermanent undertaking that is designed to generate a designated result, service or product. Project management can be described as the application of skills and knowledge as well as techniques and tools to the activities of the project to meet the expectations of the project. It is the activity of organizing, controlling resources and planning all persons and resources involved in the project so as to achieve specific goals and intentions of the project.Project initiation is the evaluation stage. It is the stage where all projects that have been proposed are brought to the table and ...

Digital Project Management

Project Management is the method, practice and action of arranging, reform, spurring, and calculating property, schemes and gatherings to achieve particular objectives in rational or everyday topic. A project is a improvised challenge anticipated to convert an interesting article, organization or effect with a distinguish starting and end , clinch to meet exclusive targets and objectives, regularly to accomplish supportive transform or added significance and worth( Dennis P S & Jeffrey K, 1987). The temporary scenery of projects stands in opposition with the usual way things work (or operations), which are tedious, everlasting, or semi-lasting practical exercises to produce items or ...

In project management fast moving schedules may at times be necessary, its technique employed to save time, fast moving schedules entail doing several things at once which necessitates re-arranging of tasks (Schiff, J. 2012). In the project fast moving schedule was a problem because it called for re-planning of the tasks and also brought in an avenue for disorganization. Fast moving schedules are hard to manage due to the concurrent nature of activities and this was one of the contributing factors to the distress of this project. It resulted to a generation of other problems. The other problem that ...

Project management techniques are increasingly becoming important in the running of organizations. Competent organizations in the global business arena have understood the benefits of project management (Pinto& Kharbanda, 1996). Some of the accrued benefits include effective use of resources, rapid or enhanced project development and improved cross-functional communication. Project management is not only a preserve of organization but also a viable method in which legal offices, hospitals and traditional manufacturing firms are using to achieve their goals. This makes project management to be an indispensable part of everyday business operations. There are problems associated with idealizing a project and ...

Question 1:

Of the five key processes, the most important is the planning process. This is the process that helps set the tone for the project. It is important since proper planning ensures that the project is run smoothly since the process involves organizing all aspects of the project (Rosenau, & Githens, 2005). The planning process ensures that all preparations put into place for the successful management of a project. During the planning process, the project manager assembles his team and defines the scope, budget, and schedule of the project in this stage. It is important that the team is aware of ...

Abstract

Project management is a process tasks and activities are planned, organized, assigned resources and executed within a given budget and period. There are several software management methodologies that are used in the process of managing a software project. Since there are many of the techniques and methods, this articles selects and analyzes some of them. This is to help managers in making a decision which tool to use depending on their needs. Methodology in software project management means a standard practice that sometimes with guides and procedures on how to carry out activities. Methodologies are sometimes diagrammed to illustrate ...

Changes in my perspective regarding project management

Project management is a task that is constituted by proper integration of a number of interrelated activities. The different portions that are combined to build up a complete project are referred to as the work breakdown structure. Initially, I viewed project management as one huge task that a project manager has to carry out single-handedly. Considering of my perspective, the project manager would be involved in all the stages that a project had been scheduled follow. Provided the project manager has the vision and motivation, the project would terminate successfully in respect of time and objectives. However, after the ...

Business: Project Management

Abstract This paper gives the reader a fundamental overview of project management, its processes and its importance to organizations and businesses. Beginning with an explanation of what constitutes a project, the five key processes or phases involved in the management of projects are discussed. These are: a) Initiation, b) Planning, c) execution, d) Controlling, and e) Closure. By implementing well planned project management to its processes and tasks, an organization can streamline its operations, thereby maximizing the overall efficiency and profitability of the business. Business: Project Management The effectiveness of project management processes and techniques in enhancing efficiencies of ...

Article ReviewProject Management - Quality

Introduction This paper sets out to review and analyze an article that offers definitions of and discusses the concept of quality in terms of project management. The subject article is entitled: “Some perspectives on quality” (2012), by Kailash Awati.

Article Summary:

The article opens with quoting two different dictionary definitions of the word “quality”, which – because they give no indication of how quality is measured – are dismissed by the author as inadequate. He quotes the PMBOK (Project Management Body Of Knowledge guide) definition of quality, which is: “the degree to which a set of inherent characteristics fulfil requirements”, stating that this ...

Introduction

Project management is mainly associated with planning and managing change within an organization and the concept is increasingly becoming important for organizations that seek to remain relevant in the rapidly transforming world. Initially, project management involved collection of metrics and project data for evaluation followed by formulation of adjustments so as to increase project productivity and efficiency. Project managers were also titled with the responsibility of managing human capital. Present day technological advancements has seen the process become information technology enabled hence increasing the need for project management in terms of project manager’s tasks as well as the ...

Part 1.

The cost, time, specification triangle is a visual way of expressing the constraints that govern all project management projects (Lock, 2007, p. 7). It is a useful way to show the relationship between the key components of a project and because of their inter-relationship, it provides a reminder that changes in any of the three constraints will have an impact on the remaining ones. However, there are issues when attempting to use this approach as the sole way of determining if a project was successful. In particular, the cost, time, and specification are always determined in relation to the ...

Analysis

ANALYSIS INTRODUCTION The underlying chapter develops the analysis of the data collected and assessed for the study entitled in “Organizational Change to a Project Management Culture in an Organization”. Analysis of the data is critical and is among most important segments of the study for the fact that analysis provides inference from the data providing direction to the conclusion and level of achievement of research objectives.

- First, the assessment of top management’s interview including General Manager and other from Operations Manager’s views. - Second, the assessment of questionnaire based survey from Project Managers, Construction Managers and ...

INTRODUCTION

The research methodology chapter provides scientifically developed guideline for research process. Research methodology systematically defines postulates to be followed in order to successfully account important areas of the research within available resource. Under development research methodology is a guideline for the research entitled “Organizational Change to a Project Management Culture in an Organization”. Underlying developed research methodology provides theoretical assumption considered for developing the research. Moreover, I have also shed light upon the limitations applicable to the research due to set of methods and approaches employed (Beiske, 2007).

CONCEPTUAL FRAMEWORK

Conceptual framework is the skeleton of the research that is developed ...

INTRODUCTION

The research methodology chapter provides scientifically developed guideline for research process. Research methodology systematically defines postulates to be followed in order to successfully account important areas of the research within available resource. Under development research methodology is a guideline for the research entitled “Organizational Change to a Project Management Culture in an Organization”. Underlying developed research methodology provides theoretical assumption considered for developing the research. Moreover, I have also shed light upon the limitations applicable to the research due to set of methods and approaches employed (Beiske, 2007).

CONCEPTUAL FRAMEWORK

Conceptual framework is the skeleton of the research that is developed ...

Question 1

A project is a temporary endeavor that is undertaken with a main aim of creating unique products and services at the end.

Example of a project

A high school in the Boston District would want to advance and improve its performance and student admission system starting the year 2014. Therefore the school has taken some measures so as to improve the performance of the student as compared to other schools in the district. The school has hired more teachers, equipped the library with new and interesting learning materials, and equipped the computer laboratory with more computers so as to encourage more students to ...

1. introduction and OBJECTIVES OF THE PROJECT Organizations in general and project management organizations in specific are facing immense competitive pressures from both internal and external environments (Harrison, & Huntington, 2001). Organizations in order to maintain the competitive advantage or even survive have to evolve strategically that provide business interconnected bonding between the environment as well as process; hence, social and technical bond (Van Marrewijk, 2007). AGI being an International civil and electromechanical (EPC) contracting company has stake in the construction industry specifically in the mega project such as installation, commissioning, operation and power stations maintenance, oil and gas pipelines, ...

Introduction

Risk management, as per definition described in ISO 31000, can be explained as the assessment, identification and risks prioritization coupled with economical and harmonized application of the resources in order to monitor, minimize, and control the possibility of unfortunate events and to maximize the accomplishment of the opportunities. There are numerous factors which can cause the risks, for instance; improbability in the financial markets, legal liabilities, accidents, credit risk, natural disasters and project failures in any of the phase of the project. Risks can be managed by shifting threats towards other party, averting the risk or reducing the probability ...

Introduction

Despite the efforts by many organizations to decant time and resources into encouraging and realize diversity in the work place, majority limit their definition of diversity to ethnicity and gender. One of the most overwhelming diversity challenges, generational diversity, often goes unnoticed and unaddressed. For the first time in history, many organizations are under pressure to balance the different working styles and needs of three to four generations in the work place. However, many organizations and employers leave work place teams and employees on their own to address these issues rather than provide support and direction. Although many view ...

Project management is a broad based discipline that encompasses the functions of organizing, controlling, motivating and planning for resources so as to accomplish some predetermined objectives. Project management was developed in order to save time and resources used by a project through proper planning. Project management endeavors to achieve the project objectives given the constraints of time, budget and allocation of the available resources. The project lifecycle stipulates the activities that must be performed in order to achieve the project goals. Conversely, the project lifecycle management describes how the project will be managed. The project manager is thus tasked ...

Introduction

In a project to assess the stunting levels in children less than five years initiated by an international Non-Governmental Organization in partnership with the government, I was contracted as a project manager. The project belonged to the healthcare industry and was supervised among others by the provincial medical officer of health. The project run for eight concurrent months and was done in phases. The healthcare industry is mostly involved in the provision of healthcare services to the citizenry. The government is one of the players in the industry and among other roles; it acts to oversee the activities of ...

What are some of the principal reasons why project management has become such a popular business tool in recent years?

Project management has evolved as a very essential and popular management tool in recent years. Success of every project depends on the ability of the person in charge to keep the project organized and focused. In modern and diverse industries such as aerospace, pharmaceuticals, and software, projects drive business. Equally, in the public sector, the effective project management translates promises by politicians of new schools, roads, and hospitals into successful new developments that improve life of citizens. By definition, project management refers to the art of managing a project and its deliverables with the intention of producing finished products ...

Introduction

The project management issue that occurred during the construction opening of DIA or Denver International Airport is one of the classic examples of project mismanagement. The objective of this paper is to investigate on the critical events that happened during the construction of an airport that was supposed to benefit the people of Denver by providing an indefinite amount of boost to the business and tourism sectors. Did Denver Really Need a New Airport? Before we investigate on the events that happened at a time when construction have already started, it will only be logical to answer the question “ ...

1. Introduction In the current increasingly uncertain market environment, it is difficult for firms to maintain their competitiveness in the marketplace and to increase their market share. In this context, businesses recognise the importance of enhancing managerial efficiency in planning, organising, and controlling various organisational activities so as to achieve a competitive edge over market rivals. The concept of project management has gained great popularity over the last few decades as a result of growing complexity in the business landscape and mounting volume of business transactions (Webb, 2000, p.69). Corporate managers believed that the idea of project management might ...

Change Management and continuous improvement are essential parts of a process and therefore in order to ensure that the quality of delivery is optimum, a technique is always required to manage the shortcomings and to improve the quality of production and service. Project management has been widely used in order to create flawless execution systems to achieve any desired output within a specific period of time. Although, project management is a single concept however there are various methodologies that are used in order to cater to multiple organizations, businesses and domains. Apart from project management there are other techniques ...

Introduction

The fundamental and most basic definition of project management is about the people getting their things done. The organizational definition of project management is a bit different. In organizations it is the methods, skills, experience processes and knowledge to achieve the objectives related to a certain project. In organizations, projects are carried out to achieve outputs and benefits via planned objectives. A successful project is one which is completed in the allotted scale of time and budget, this is done through proper management of the project. There are few principal components of project management, which are to be followed ...

Analysis of challenges in project management

Introduction At the mention of the term project management, many critics will most likely oppose such ideologies with the strongest terms possible. To them, this is a definition of a misguided yet captivating fantasy that can only reside in the minds of immature business individuals. Surprisingly, most of the critics are not qualified scholarly authors; thus their criticism is, to a great extent, based on fallacious ideologies, in addition to, denigrated assertions. This paper starts by looking at the ideologies accorded in line with negation of utilization of project management during project development undertakings. Each of these arguments is ...

In recent times, there have been rapid changes in the business environment. Changes in the business environment may either be caused by technological innovation, changes in consumer tastes and preferences or changes in a business’s economical factors. Most businesses are, therefore, forced to come up with strategic measures to ensure that they remain competitive in the market. In some cases, the strategic measures adopted by a business involve the implementation of a business project.

The benefits of Project Management

During the implementation of a project, it is important for proper project management to be carried out to ensure a business’s project is ...