Keys to Success for Effective Project Planning Essay

1098 Words5 Pages
Keys to Success for Effective Project Planning

Abstract
Business success can be accomplished many different ways. Generally the easiest and most cost effective way to accomplish change and success in an organization is via the bottom up approach. The reason for this is when an organization involves its workers in any change or improvements, the employees gain a sense of pride or a feeling of ownership. This reasoning stems from personal experiences and observations. In two thousand and three, Best Buy went through a type of change to stay in the “big box” market and make a profit where other companies like Circuit City failed. They facilitated a bottom up approach, and incorporated the employees company wide. This paper will take
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Quality control does not necessarily have to be someone monitoring the progression of the plan, but a type of feedback on what is working and what is not by those who are implementing the project. Along with this control a type of budget needs to be established. This is where the “be frugal” component of the business aspect comes in. A successful plan will find the best work, or workers, for the least amount of money. Contractors play a big role here. Depending on the type of project, the project management plan may call for the project manager to supervise or maintain the quality assurance of the contractors work. In other cases, the quality control plan may be handled by the contractor. The “Leadership Based Project Management Model Tested On Food Services at Arizona State University” study proved that in some instances, it is better to allow the contractors to govern themselves as long as the contractors being dealt with have a reliable track record. When contractors allowed to govern themselves they take all the risks. According to the study, “If risk is transferred to the vendor, and PM assists the vendor instead of managing, directing, and controlling the vendor, performance of the vendor in this test was optimized”. In essence, the contractors have more to prove. This is a gamble the project manager may or may not choose to take. Overall, the key to a successful project plan is communication and feedback. From all the readings, it
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