The project was initiated with the creation of the charter. The charter was made to set up the project and summarize its goals, vision, objectives, constraints, deliverables, scope, business needs, assumptions and vision. Throughout the whole project, the charter was used as a reference to remind us what the purpose of the project was. The project charter formally established the legitimacy of the project and allowed the project manager to have an authority over applying organizational resources to the project activities. The charter also listed out the sponsor of the project and people responsible for the project. After approving the charter, the project was formally initiated and the project manager was officially …show more content…
In my opinion, project control is a valuable process in the sense that every task is carefully measured analyzed. By doing this, the project manager can always make adjustments to meet the priorities of the project. Adjustments are made to the project management plan. Project execution focuses on the processes that are designed to carry out the tasks listed in the project management plan in order to meet all the specifications. In order to meet all the specifications, this process requires “coordinating people and resources, managing stakeholder expectations, as well as integrating and performing the activities of the project in accordance with the project management plan”. Just like the action plan, project execution may require updates in planning as progress is made. Some of these changes may affect resources availability and productivity, unexpected risks and accessibility. Some benefits Earned Value Management provides are that it allows management to stay well updated with the progress of the project. Because of this, management will always make sure that all project parameters are on track and everything runs smoothly. Another advantage is that if there are any issues, performance measurements will aid in bringing the project back on track and avoid any major delays. Some disadvantages of Earned Value Management are that quality is not considered unlike cost and time. The lack of
Click here to unlock this and over one million essaysGet Access
Key outputs in this phase are the Projects Requirements definition, the capability and capacity assessment, project delivery strategy and the Project Management plan. The role of the construction/ project manager in this phase is, once project authorized, it is the project manager’s responsibility to implement the project. In terms of the Project Requirements Definition the, the project manager refines and details the project authorization and details what the project is required to accomplish in terms of the products/services the project will deliver and the scope of work that needs to be done. The project manager must provide project team members, corporate sponsors, and other stakeholders with a common understanding of what the project is all about, and is the authoritative reference document that defines the project.
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
The proposed addiment to secure our police protection does not exist in the charter reform. The added propagates a portrait unlike our fire department that our police department has secured a sacred canopy. Our current charter protected fire, and after years of abuse fire capitulated to the county. Our existing charter established a safety net for fire, however; shred to bits by brainchild county's CEO and LAFCO handmaiden to add taxes without public representation. The city's will to remove police adds millions to the general fund to lavish extravagance to a few. The police vulnerable must voice support to the public and cease the detrimental action of a future exit. The city observed and scrutinized the lethargy to exit fire, tax on property, and liquidate responsibility adding to the general fund. Now,
“Two are better than one, because they have a good reward for their toil; for if they fall, one will lift up his fellow. But woe to him who is alone when he falls and has not another to lift him up! Again, if two lie together, they keep warm, but how can one keep warm alone? And though a man might prevail against one who is alone, two will withstand him – a threefold cord is not quickly broken” (Ecclesiastes 4:9-12)
This Project Charter describes the purpose, scope, objectives, estimated cost/ effort/ duration, risk and constraints, assumptions, approach and organization.
Project management is managing the work to develop and innovate or even change within an existing operation. There are five steps in this management: Initiating the project, Planning and controlling all activities to keep the project on schedule, executing every phase of the projects process, monitoring/ controlling reviewing and regulating the progress and performance of all phases of the project, Closing process this is where all processes are finalized and completed to officially close the project out.
By including all these in the earned value project management report the exact status of the report can be estimated rather than deciding the project status on cost overrun or schedule
Project Execution and Control Phase has a direct correlation to project progress and stakeholder 's expectations. If the minor issues are not noticed, they impact cost, schedule and risk and see the project from the Project Plan, thus
Monitoring and control activities are essential components to effective project management (Chrissis, Konrad, & Shrum, 2011; PMI, 2013). The main purpose of monitoring and control activities are to having an understanding of project progress/performance against the agreed upon plan, identify potential risks, provide accurate forecasts, and to ensure corrective actions are taken when necessary (Chrissis et al., 2011; PMI, 2013). Successful cost and schedule control involves much more than merely monitoring project progress and costs, it involves thorough analysis of the data (Kerzner, 2013, p. 738). One of the most effective tools for performance measurement, monitoring, and control is earned value management (EVM); a powerful technique which employs quantitative data to objectively monitor and control project progress (De Marco & Narbaev, 2013).
In my mind, project and enterprise management is the art of evaluation and control. When I was a kid, I have been curious about the methods of self-management and ask myself: how one plan could be completed efficiently, how some people could coordinate various things in life successfully and the way we evaluate and get the perception of the state of one object or a person. My passion on discovering the science of project management especially on construction grew from a visit of one beautiful bridge named Jiujiang Bridge not far away from my home when I was very young. Amazed at the convenience and value the bridge bringing to our daily life, I wander how such great and huge project could be completed methodically and how the manager of the project arranged the construction process. My father is a project manager and there are many books on management science in the study, which brings great convenience to my reading habits. I respect scholars like Herbert A. Simon and would like to become this kind of people making contributions to the society so that I determine to study project and enterprise management systematically. Choosing Mathematics with Finance at undergraduate level, I want to develop the ability to calculate and evaluate the value and process of projects as base. From this part of study, I am aware of the significance of control in project management and could not wait to master the science of control so that I choose project and enterprise
During the project initiation phase, I can work collaboratively with the project sponsor in the development of project charter and lead up to the formal authorisation of the project/ new phase. From the sponsor’s project SOW (Business need, product scope), Business case etc., I can identify measurable project objectives, high level requirements, risks, summary milestones and budget and approval authorities. The key deliverables in this phase are project charter and stakeholder lists.
In my mind, Project and Enterprise Management is the art of evaluation and control. When I was a kid, I have been curious about the methods of self-management and ask myself: how one plan could be completed efficiently, how some people could coordinate various things in life successfully and the way we evaluate and get the perception of the state of one object or a person. My passion for discovering the science of project management, especially on construction grew from a visit of one beautiful bridge named Jiujiang Bridge not far away from my home when I was very young. Amazed at the convenience and value the bridge bringing to our daily life, I wonder how such great and huge project could be completed methodically and how the manager of the project arranged the construction process. My father is a project manager and there are many books on management science in the study, which brings great convenience to my reading habits. I respect scholars like Herbert A. Simon and would like to become this kind of people making contributions to the society so that I determine to study Project and Enterprise Management systematically. Choosing Mathematics with Finance at undergraduate level, I want to develop the ability to calculate and evaluate the value and process of projects as a base. From this part of study, I am aware of the significance of control in project management and could not wait to master the science of control so that I choose Project and
Project management is a series of steps taken in sequence to manage a project through all phases from conception to completion. The steps are documented in a strategic plan. The plan is used to ensure that all parties are working towards a common goal. Project management requires applying knowledge, skills, tools and techniques to specific activities in accordance with established standards and guidelines. There are five basic functions of project management: planning, organizing, staffing, directing, and controlling. Basic activities of project management include: identifying project requirements to define the outcomes; addressing various needs, concerns and expectations of others; setting up, maintaining and carrying out communications; managing others; creating project deliverables; and balancing competing project constraints.