Project Management, Project Communication, And Project Stakeholder Management

Executive Summary Project management is the science of planning, organizing, executing, and managing the resources needed to achieve a specific goal. Effective project managers (PM) strategically facilitate the entire project management process to ensure the project’s success. To do this the PM must adequately meet the specific requirements (i.e., time, scope, quality, and cost) set forth by the project and its stakeholders. It is theorized that PM must possess a set of core competencies in order to successfully manage a project. Those competencies are development of project management knowledge areas, application of appropriate project management tools and techniques, understanding of the project

In the current business environment, the demand for project managers is ever growing. In short, project management is a provisional project constrained by time, cost and scope (A guide to the project management body of knowledge, 2013). Between the immense organization, optimization, and communication assets skilled project management brings to a project, it is easy to see why project management is a booming field of study. Furthermore, project management can be both financially and personally rewarding when long term milestones and goals come to fruition.

Project Management Institute. (2000). _A Guide to the Project Management Body of Knowledge (4th ed.)._

Project management is the discipline of using policies and procedures to manage a project from creation to competition. The intent of this paper is to assess the role of a project manager and determine if I am well suited for a career in project management. To achieve this goal, I will be discussing the following areas: job description, general career path, education requirements, salary, career outlook, and the pros and cons. I will also be interviewing a colleague that currently working as a project manager to gain a better understanding of typical duties associated with the role.

1. Decide on a set of appropriate actions (minimum of 2 per stakeholder group) that you can take to maximise the chances of the following stakeholder groups actively participating in your project: Divisional Finance staff, HQ Finance staff and the I.T. team. For each action that you suggest ensure that you consider both the potential positive and negative sides of your approach. (6 marks)

this session we 're going to discuss project stakeholders will identify the types of stakeholders and the importance of understanding understanding them so that better communications can be established project stakeholders are the people involved in or affected by the project activities there either internal or within the organization or external pitcher other companies or agencies that have a vested interest in the project let 's look at some of the internal stakeholders internal project stakeholders generally include the project sponsor project team support staff and internal customers for the project other internal stakeholders could include top management other functional managers and other project managers let 's look at the external stakeholders external project stakeholders include the project 's customers if they are external to the organization competitors suppliers and other external groups that are potentially involved in or affected by the project such as government officials and concerned citizens there 's a couple tools that we 're going to be using this semester so these are there 'd be these two tools that we use to a Denver internal project stakeholders an external project takeovers and that is the stakeholder register and stakeholder management strategy there 's many times you will not know the personnel that are assembled for your team is important that you not only have the contact information which you can get from former org charts and BIOS but the you

Question 1. The twelve guidelines are presented in no particular order. Order them by level of importance and explain your reasoning. Answer The twelve guidelines should be order as below, the reason also is stated at the behind of each title. 1) Understand the context of project management. Much of the difficulty in becoming an effective project manager lies in understanding the particular challenges project management. 2) Understand who the stakeholders are and what they want.

A1) Project Governance provides the project manager and team with structure, process and decision making models and tools for managing the project and ensuring its success. It includes a framework for making project decisions, designing roles responsibilities and accountabilities for the success of the project and determines the effectiveness of the project manager. Good governance can be demonstrated through the adoption of a disciplined life cycle governance that includes approval gates at which viability is reviewed and approved; recording and communicating decisions made at approval gates.

The purpose of this paper is to recommend that Project Management is a concept that focuses on the dynamic characteristics of a multi-facetted organization. In such a changing situation, effective communication is a characteristic that should be stressed and becomes the most important tool for the project manager and team members.

One of the key factors contributing to a projects success is identifying the correct key stakeholders early in the project process and engaging with them to draw on their knowledge.There are different types of stakeholders in projects and evaluating their characteristics and managing their interrelationships appropriately have a strong impact on the project success. (Celar S; Turic M; Vickovic L (2010)).

In Hemanta Doloi’s arcticle “Cost Overruns and Failure in Project Management: Understanding the Roles of Key Stakeholders in Construction Projects,” the author suggests project cost management is not the sole responsibility of the project manager, but rather it should also involve key stakeholders of the project such as clients, consultants, and contractors (2013). Project cost management is a process for predicting expenditures, whose success depends on an accurate accounting of all pertinent information, resources, and control over project implementation (Baloi & Price, 2003). It’s paramount for a project’s success that these estimations begin early in the design phase of the project and continue to be managed through the project’s end (Doloi, 2013). Incorrect estimations at the start of the project will lead to cost and schedule overruns which will doom the project, but even good initial estimations need to be adjusted along the project’s path to account for changes and the advent of risk factors (Verzuh, 2012). Controlling changes in cost and time with good estimations, risk assessment, and change control methods will keep the balance of the project management tradeoff between cost, time, and quality so that customers remain satisfied not only with the end result of the project but with the project itself as well.

Over the past few years, project managers and Project management has shown tremendous growth. Project management has evolved over the past several years from an activity in an organization to a discipline in its own right. Many professional bodies exist today to represent project management as a discipline, Some of which include, PMI, Prince2 Foundation, PM Bok.

1. A Guide to the Project Management Body of Knowledge; PMBOK Guide. 2008 Fourth edition. United States of America. Project Management Institute, Inc.

Project stakeholders are individuals and organizations that are actively involved in the project, or whose interests may be affected as a result of project execution or project completion. They

The paper is divided into three sections, the first of which will establish a timeline of events. This project background will serve as a case study for the analysis in the following section that will be structured such that each of the previously mentioned facets will be independently analyzed and contrasted with project management principles. Finally the paper will conclude with a summary of the analysis and recommendations based on