Project Management

As the world is chaotic (Djavanshir and Khorramshahgol, 2006) it is impossible to always predict the future accurately. Teller at al (2012) describes project management as balancing the “iron triangle”, where changes to any one of the planned costs, quality or scope will change the other elements. Risk management allows contingency to be put into project plans, (APM, 2012) minimising negative effects and maximising the benefits of uncertainty.

Part 1: Search the internet for the term "IT outsourcing". Find at least two articles that discuss outsourcing, whether beneficial or controversial. Summarize the articles and answer the following questions in a two to three page paper:

Overconfidence can lead to internal failure within a person or a team. A good leader will be able to see when his or her team is beginning to demonstrate such behavior and have a technique or strategy to humble the team. This keeps the team focused on the goal at hand and keeps the team on track to achieve the goal. During the Denver Airport Project the main coordinators did not leave room in the timeline for unseen drawbacks and had to keep pushing the airport opening day back. This just was not a few days or weeks this was months to years.

If managers cannot adapt a leadership style when required then staff will become unengaged and have low morale. Not recognising their own role in the organisation or the vision of organisation and where it wants to be.

Unit VI Project Part 1 Dependencies A Gain an understanding of the marketplace A1 Assess Supply Chain Management A2 Analyze Competitor trends A1 A3 Analyze investment timing A1 B Analyze your business A B1 Analyze Consumer trends

A _______________ is a temporary endeavor undertaken to create a unique product, service, or result.

The report structure relates to the scenario described and previously published; you are asked to plan (but not implement) a project for the CROSTIE and SCIRITUR systems for client James Chambers, MD of CCRS Ltd. You should prepare a report, addressing all sections and maintaining the sequence given below. Guidelines (which MUST NOT be exceeded, if it is exceeded marks WILL be deducted) for the maximum length of each section are specified; answers shorter than this that deal with the required issues are acceptable. The text should be in font size 12 (no smaller) and preferably Arial, although headings and sub-headings may be in a larger font, no more

Leadership can easily determine success or failure of a project. Leading project teams is very difficult. The project leader must confront situations where different expectations of his abilities are being expressed openly. This leaves the project leader with a lot of explaining to do regarding his responsibilities. Such clarification may go a long way in improving project outcomes. The project leader must create harmony between the team and other departments of the organization. This demonstrates how critical the leadership role can be not just for project teams but also for the entire organization.

Question 1. What project selection method described in the chapter will ABI probably employ for this proposal? Answer According to the description, the project selection method is profitability of numeric model. We might see the points from the business strategy 1) Bid only on good margin products that have the potential for maintaining their margins over a long term. 2) Pursue only new products. 3) Utilize the most advanced technology in new projects. “ project champion” approach to innovation and creativity. no more than 480 employees. 4) Foster the

Leadership is multifaceted. There are some individuals that are great visionaries who excel at exciting change in people. Too often though, these same people lack the discipline or patience to deal with the day-to-day grind of managing. Likewise, there are other individuals who are very well organized and methodical but lack the ability to inspire others. The SBA also states that “managers are very good at maintaining the status quo and adding stability and order to our culture” while “leaders are very good at stirring people 's emotions [and] raising their expectations” (SBA 2009). Having the capability to maintain project stability while empowering those involved toward effective project completion, are invaluable traits to any successful project manager. By reinforcing these abilities effectively overtime, the project manager can better recognize the need to manage interfaces and sustain social networks throughout the term of production.

Gantt charts presents a means of easily communicating, understanding and describing of project activities showing the project schedule with start and finish times. (Wilson, 2003)

Prior to this course, I thought that in order to manage a project you need to be a project manager. However, this course changed my perspective on project management. As I continue to read the book, I realized that I actually manage many projects, and project management is not only limited to organizations. Throughout our lives, we manage many projects from planning a wedding to building a house, some of those projects may take few days and some may take years to complete. In addition, I also learned that there are no two projects that are alike, each project has it’s own unique elements that set it apart from other projects.

Project management in the mordern time started in the 1950s and this was motivated by businesses that came to the realisatiion of the benefits of organising work around projects, and the importance of communication and cordination of work across various department and professions.

Projects are composed of process. A process is “a series of action bringing about a result”. Project processes are performed by people and generally fall into one of two major categories:

The proposal writing process is multifaceted, encompassing both the actual submission of a request for proposal as well as the management of the implementation of received funds. Through class lectures and assigned readings, we’ve discussed the various aspects that make up the process of grant writing. Through this essay, I will explain this process as it leads up the management of the project once funded. Furthermore, this essay will explain how to ensure that the proposal submitted addresses key aspects necessary for the project to be implemented in line with best practices for project management.