project manajment

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 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.

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

Project management is fundamentally part of every facet of life rather we have the education to realize that we are implementing it in our world or not. For everyone to understand the fundamental project team concepts and principals to have a solid understanding, it will be explained here. We will describe the five parts of the project life cycle, describe the three most important criteria for team success, describe the fundamentals of team structure, and finally list and describe the stages of a team’s life cycle.

Employees have to be trained in the new processes and learn to implement it into their current role. Often times, employees are adverse to a large shift in current practices due to uncertainty of the outcome.

Several approaches exist towards a successful project management. These have been emerging over years and also vary from project to project and industry to industry. This article focuses on few of popular project management techniques

Whilst project management was once the domain of the building industry, the methods used there are now also utilised in new product development, event management, larger computer hardware and software installations, major equipment installations and, in any organisational event that is big enough to have a considerable number of demands and variables.

This assignment allows the student to apply project management models. This assignment enables the student to understand how popular project management techniques are applied and implemented.

Input is something put into a system to achieve the results, such as human resources, material, money (Hamilton 1997).

The idea of project management is a broad, and vital part of the professional workplace. Often, project management is neglected by most, and its function within society including business, families, and schools is important to the progress of success in all areas of life. The origin of project management is to create a group of individuals, small or large depending on the size of the company, and use their combined efforts to complete an objective. Every business, company, and organization has a different technique when it comes to appointing a project manager, or managing a project as a group. However, these institutions often use a basic set of principles that have been shown to be helpful in completing a project.

Since the dawn of civilization, projects have been understood as an endeavor to obtain a specific result. Wysocki (2011) defines a project as “A sequence of unique, complex, and connected activities that have one goal or purpose and that must be completed by a specific time, within budget, and according to specification”. Through the centuries, the projects have become more complex, with more variables. The mid-twentieth century was marked as a significant transition regarding the way we build projects. The 60s brought us the term software crisis, which drives us to develop better techniques in software engineering and project management. Even being product of the private sector, the Project Management also became important to the public

Before we start, a short note on the word “Project Management”. It is important to understand the meaning of them furthermore their relation in management area. Project management can be stated as the procedure and action of planning, sorting out, motivating, and controlling assets, strategies and conventions to accomplish particular objectives in experimental or day by day issues. A project is a distinctive, transitory work, involved to accomplish planned purposes, which could be characterized as far as yields, results or benefits. A project is generally esteemed to be a win in the event that it accomplishes the goals as per their acknowledgment criteria, within a concurred timescale and expenditure plan.

Projects can be termed as every activity within an organization that got unique features and several levels of importance to the organization. It can also be seen as a planned undertaking of activities that are related to achieve its objectives having a beginning and an end (Hoffer et al. 2002).The end of a project is defined by the successful completion and delivery of project. In general, project is the planning, coordinating of activities and resources and execution which is the management.

Project management has been defined as the process that involves the application of different processes, methods, knowledge, experience and skills for purposes of achieving the objectives of the project. On the other hand, a project is always defined as a unique and a transient endeavor that is undertaken to achieve an organization’s planned goals that could be defined on the basis of outputs and benefits. The process of managing a project entails the development of an effective project plan, a process that entails the definition as well as the confirmation of the project goals and objectives. The plan also gives a clear outline of how the project objectives will be achieved, identification of the tasks as well as the quantification of all the needed resources. The plan also plays an important role in developing an appropriate budget for the project as well as the most appropriate timeline that will be taken to complete the project being carried out.

Project management is a critical process in organization, as it entails planning and implementing projects in line with the available time, human resource and financial resources. Successful project management is based on the available systems available. The automation of the project management has become the norm, whereby project managers use tailored software and applications to design, plan and implement projects, along with appropriate control and regulation. For a long time, the waterfall project management has been the project management tool of choice for businesses (Cervone, 2011). Organizations using the waterfall project management toll realize great success, including proper scheduling and completion. However, despite the benefits and returns arising from the use of the waterfall project management tool, recent developments and creation of newer, more efficient and reliable project management systems has rendered the waterfall system obsolete. As a result, organizations that still use the waterfall system may not be as competitive as other that use the new technologies, such as the agile project management tool.