The Role Of Different Projects Management Techniques

Some practitioners advocate that a project is successful if it satisfies all three legs of the triple constraint, namely, performance (specification), cost and time. This is viewed as the most basic level of project success (Greer, 1999). Thomsett (2002) in an extensive examination of 20 failing projects over a period of 18 years expands this criteria of success as: “satisfies stakeholder groups, meets functional requirements, meets quality expectations and requirements, within cost, within deadline, delivers sustained and actual benefits and provides the team with professional satisfaction and learning”.

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

In this paper the word ‘project” is defined, discussed and elaborated on. The phases of a project lifecycle and its purpose are to be discussed, and how it is important for organizations to use project management to accomplish tasks will in conclusion be discussed thoroughly. The indisputable word ‘Project” may be defined in numerous unusual ways, some can all have the same meaning and others can mislead a reader. The definition that accurately explains what a project is, comes from the Houghton Mifflin Company (2009) website stating; “something that is contemplated, devised, or planned; plan; scheme.” A definition that can mislead a reader is this definition from the same website just two paragraphs

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.

There are many different aspect that will have key roles in the project management process. The presence of triple constraint will impact the project process. The relationship between the project scope, cost, and time will determine what changes will be implemented. These factors also impact the quality of the project and the knowledge of this will aid in the decision making process. The initial planning process of a construction project will be examined. A statement of need, goals and objectives, the stakeholders and project requirements, and project scope must be outlined. All of these areas will aid in the initiation and planning phase of the project. To ensure a smooth completion a project manager must understand the constraints involved and the development of the initial plan of the project.

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

The top ten factors for a successful project are, user involvement, executive management support, clear statement of requirements, proper planning, realistic expectations, smaller project milestones, competent staff, ownership, communication, adequate support and resources.( Iman Attarzadeh and Siew Hock Ow)The ten factors that cause a project to fail are, poor planning and/or inadequate process, inefficient way to document and track progress, poor leadership at any level, failure to set expectations and manage them, inadequately-trained project managers, inaccurate cost estimation, lack of communication at any level, culture or ethical misalignment, competing priorities and disregard of project warning signs (Lim, 2012). Iman Attarzadeh and Siew Hock Ow, also have another list that identifies project challenge factors. These factors are identify as, lack of user input, incomplete requirements and specifications, changing requirements and specifications, lack of executive support, technology

Munns.K.A, Bjeirmi.F.B (1996).The role of project management in achieving project success, International Journal of Project Management Vol. 14, No. 2, pp. 81-87, 1996.

Project management is divided into five interrelated but, distinctive phases. These phases are: Project initiation; Project planning; Project execution; Project Monitoring and controlling and, Project Termination. In project management, time, money and scope are the three principal components considered to have a bearing on the success of the project. These are interrelated and, a balance between them is needful in order to ensure efficient and

Project management is a procedure to arranging and directing project methodologies from beginning to end. Project managers should be able to meet scope, time, expense, and quality objectives of activities, also they ought to encourage the whole methodology to address the needs and desires of individuals included in the project. It is a job to manage project’s goals, timeline and budget clearly. Project management process have these key components.

All projects are unique and have constraints, resources, stakeholder, and different results that need to be achieved. These usually need to be achieved in a specific set of time. To have an accurate estimate for projects, project managers focus on planning and controlling, thus ignoring the preparation for any unplanned situations. Project management is applied to a variety of different projects and there are different approaches that can be utilized for specific projects.

Naybor (2014) defines Project Management as the application of processes, methods, knowledge, skills and experience to achieve a desired objective. He states that Project management is essentially aimed at producing an end-product that will effect some change for the benefit of the organisation that instigated the project. A key factor that distinguishes project management from just management is that it has this final deliverable and a finite timespan, unlike management which is an ongoing process (Naybour 2014)

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

Project managers occupy a unique and often precarious position within many firms. Possessing little formal authority and forced to operate outside the traditional organizational hierarchy, they quickly and often belatedly learn the real limits of their power. It has been said that an effective project manager