Research Paper On Project Management

Projects management is an important management tool to implement strategy and achieve an organization’s strategic goals. Organizations are using projects to adapt to changes in the competitive environment including increasing cost pressures, scarce available resources, global competition, new technologies and a race to get products to customers first (Hyvari, 2006). Projects deliver the most benefit when they are directly linked to corporate strategy (Crawford, 2006; Srivannaboon, 2006). (Brad McManus and Ron Cacioppe “Feature Article: An Integral Approach to Project Management.”)

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.

The research on project management has been studied for decades. Many scholars and managers put great efforts into finding out what can influence project success. Through their continuing work and precious experiences, what factors dominate the success of projects is well documented in literature. The use of these guide texts can help project managers to deal with difficult tasks. Moreover, it is unanimous consensus that project critical success factors are necessary for management team to achieve project objectives and ensure success. If they are well considered and addressed, then it is more likely that a project would have more successful outcomes. On the other hand, if these factors are not rigorously taken into account,

To start with, project management could be defined as the process that companies need to carry off in order to maximise the shareholders ' value. On the other hand, in current life individuals sign projects all the time, of course not on a professional level, in a sense that they define objectives and work on the processes to benefit in their lives. Pritchard & Ashwood’s (2007) emphasize the individual’s ability to choose from alternative actions in order to satisfy their needs. It is important, however, to mention that effective projects have an effective design as well as an effective team.

Although it may be temporary, a project is an exclusive endeavor initiated with a defined start and finish point and a set number of tasks that need to be completed to reach a possible set or unset finishing date. In project management, we carry out a group of tasks with a defined set of skills, capabilities, and philosophy acquired over a set period, while developing a finished product for the projects sponsors and stakeholders. There are a set of fundamental processes involved with project management:

Project Management has become a very essential and popular business tool in recent years. Every successful project must have a person in charge to keep the project organized. Project management includes areas in integration management, scope management, time management, cost management, quality management, human resource management, communications management, risk management, and procurement management. Also, The Project Manager deals with standards and regulations of the project, project environment, management skills and interpersonal skills. A project manager must have strong leadership skills. All of these are key ingredients

Projects are being born all around us and can be found in every facet of life – they can range from say the relatively simple task of organising and executing a dinner party to mega projects such as the construction of the Channel Tunnel. This paper aims to investigate some fundamental questions relating to the make –up of the project lifecycle, failures that can occur within it and the effect that good project management

Bristol Business School, University of the West of England, Frenchay Campus, Bristol BS16 1QY, UK b School of Management, University of Southampton, Highfield, Southampton SO17 1BJ, UK School of Innovative Management, Athabasca University, 1 University Drive, Athabasca, Canada AB T9S 3A3 d Manchester Business School, Booth Street West, Manchester M15 6PB, UK

Currently, the project management is a relatively new wave of management, which takes active positions in solving problems. Effective project management allows the company to plan properly and successfully implement projects, optimizing the investment of time, money and human resources and to ensure a high quality of end products and services. Using the principles and methods of project management enables an organization to achieve business competitive advantages and improve the effectiveness of its activities.

Project management as a discipline is based upon the application of management theories into a practical context. Many of the issues within project management can be approached from the business areas of Human Resource Management, Organizational Analysis, Finance, and Operations Management and to some degree Strategic Management. In this sense project management focuses on the application of knowledge of the dynamic and often pressurized work of the project manager. Most organizations just like this one have encountered projects that did not end on time, were over budget or changed in scope over time. There are many pitfalls that can sink projects. Here I will focus on some reasons why these projects fail. Find the key weaknesses. Recommend

At first sight it might seem that Project Management in the corporate world is a Cake Walk but this actually involves a great deal more complicated which involves a keen and wise mind with a lot of other abilities in order to be a successful project manager through experience and academic knowledge.

The principles of project management has served a purpose to ensure that projects can be completed by helping to strategically plan and predict risk to ensure project success. Projects have been ran from pre historian times and until 1900, projects were “generally managed by the creative architects and engineers themselves” as there was no recognized profession of project management (Lock, 2007, p.2). The Dixon Company would require the use of project management principles such as the success principle, the tetrad trade – off principle and the strategy principle, to ensure that the business’s re-structuring project becomes a success in completion.

Project management can be regarded as a strategic competency for an organization and can significally improve the organizations future competiveness (Rodriguez, 2005). Moreover, general management skills provide a foundation for project management; however, whereas general management is ongoing and repetitive, project management is primarily concerned with the introduction and management of change and requires substantially different competencies (Birkead et al., 2000). Van der Merwe & Bussin (2006), state that project management is the process of managing, allocating, and timing resources in order to achieve a given objective in an expedited manner. Consecutively, it could be defined as the process of achieving objectives by using the combined capabilities of project resources or assets.

A project is a sequence of unique, complex, and connected activities having one goal or purpose and that must be completed by a specific time, within budget, and according specification. Project management is a method and a set of techniques based on the accepted principles of management used for planning, estimating, and controlling work activities to reach a desired end result on time- within budget and according to specification (Wysocki, R.K. 2007). Project management is the application of knowledge, skills, tools, and techniques to project activities in order to meet project requirements (PMI, Project Management Body of Knowledge (PMBOK Guide), 2000, p. 6). In this essay I will be explaining some of the theories and try them to apply

The need to realize big and complex projects dates backs to the early years of civilization and is at the source of necessity to think Projects. Project Management (PM) is now a separate discipline that is adopted by various fields. The usage of the PM continues to grow rapidly by as much as 20 percent per year. The project management institute, for instance, the professional association of the project management increased its world-wide membership to over 70,000. The need for the efficient and effective management is widely recognized (O’Sheedy, 2012). Therefore, the field of project management theory and practice has taken tremendous strides forward in the past few decades (Demeulemeester & Herroelen, 2002: 20-21). PM has gone through the long