Southern New Hampshire University | Week 1 Written Assignment | In Partial fulfillment for MS Operations and Project Management | 1-14-2012 |
Name and briefly describe the primary goals of a project?
According to Figure 1-1 of our text book, the three primary goals of a project are: 1) Performance: One has to ask themselves during a project if you have met the objectives of the project. Performance can be measured by evaluating the processes such as scope verification, quality planning, quality assurance, and quality control. The initial performance goals should be outlined in the initial Scope of Work. 2) Time: All projects will have a deadline, whether it is tied to an event (e.g. Olympics) or an arbitrary deadline set by
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A project creates a capability to perform a service. A Project is always developed in steps and continuing by increments – Progressive Elaboration.” (Project Management Guide, 2011) There are 7 main characteristics of a project: 1) Importance: The project must have the senior management buy in, without this a project will fail when problems first arise. 2) Performance: A project should have a comprehensive SOW. With a clear indication of performance objectives one can measure the success of a project. A project must coordinate and control all of the tasks needed. 3) Lifecycle: According to the definition of a project characteristic they are temporary and have a definite beginning and a definite end. At the end of the project one needs to transition the project to normal business operations. 4) Interdependencies: Project usually are coordinated with normal business operations. Activities must be fluid between the temporary endeavor and these operations to be successful. 5) Uniqueness: Project management is used when a new goal that has not been tried before is taken on. The development of the moon rover in the Apollo Program is an example of this type of uniqueness. Project should not be used for normal business operations such as cutting payroll checks. 6) Resources: Projects typically have a limited amount of resources. These resources need to be carefully managed as to not overextend them (e.g. Budget,
The concept of project scope may be one of the most ample in project management. It involves objectives, limits and intentions. Every requirement in a project as well as its characteristics must be dealt with when planning the scope. Even though it 's reasonable to say that every project is unique, the causes for which it fails are generally the same. And if you already know what these causes are, you can minimize the likelihood of problems being repeated and thus increase the chance of success.
As can be seen in the real world, very rarely does a project follow its project scope through the project lifecycle. Following are some reasons explaining why projects exceed their scope and how project managers can tackle the problem:
All projects are defined by the purpose, objectives and deliverables. Properly defining these, as well as the other aspects of the project management plan will
1) The difference between projects that fail and those that are ultimately successful has to do with:
Performance measurements are used to characterize and define performance in a project. They are used to track and manage progress toward achieving specific project goals. Performance measurements help determine how decision-making processes of a project led to its success or failure, understanding these can help organizations make future improvements. It is a project manager's responsibility to measure performance based on the triple constraints of time, budget, and quality of a project. There are many performance measurements a project manager can use based on the type of project at hand, this paper compares and contrasts the following measurements -
The four core knowledge areas of project management include project scope, time, cost, and ____ management.
In this paper, I, a student of University of Phoenix will explain and discuss project management. I will address three main points. I will first answer what is a project. Secondly, I will discuss what are the basic phases of the project lifecycle and their purpose. Finally, I will explain why it 's important for organizations to use project management to accomplish tasks.
The project priorities are in regards what should be prioritised in the project. What is to be taking in regards in terms of cost is (budget), time (schedule), and performance (scope) of the project. What is important to emphasise on here is how these three correlate with one another. In a case where time is important it would be necessary to perform faster, which will prevent a quality outcome, hence lead to reduced costs. The importance of a project manager is to control the trade-offs between budgets and scope. The project managers functions as a link between upper management and project customers. The project manager needs to have keen understanding of project scope in order to fulfil the requirements for the customers and how prioritize the demands. The customer can also add requirements and then the manager needs to prioritize the requirements in regards to the project. An important method is to use the priority matrix to identify what is worth prioritizing more. The constrain is stick and have to be obliged to the first agreements made between the customer, this includes, the specifications and scope of the project or the budget. The enhance includes time and costs. The enhance is an essential factor seeing where to emphasize on either on reducing costs or
1. Discuss the principal reasons why project management has become such a popular business tool in recent years.
Projects can be affected by a wide range of issues that may cause it to fail from not meeting project scope, timeframe, budgetary constraints to lack of management support or bad customer service. Failures of a project can affect morale, employment, and waste time and money. For a project to be started without adequate organization may end as a failure.
What is a project? Project is a temporary endeavor undertaken to create a unique product, service or result)
‘A project is a connected sequence of activities involving a range of resources, designed to achieve a particular outcome and frequently used as an instrument of change. It takes place within a defined period of time and is the responsibility of a single individual or agency’ (CMI p17)
The clear definition of the project boundaries will prove to be important for all phases of the project management, such as: managing and controlling the
Project Management is the essential part of an organization to take necessary efforts to create a product or a result. As the organization grows large the complexity and the risk factors goes high. Each project has a project manager. Managers have to monitor and coordinate different projects at the same time and it is an art or skill to getting things done by others. Every project has its life cycle that means a start and end point. Some may be successful and some may not. There are some critical factors which restrict from success and eventually lead to project failure. Apart from the critical factors, all organisations should have clear understanding of why particular project is important. Is this project is prioritized? .WHAT to achieve, WHEN and HOW to complete the project (Sara, Amaya ,Angel,Pedro,2013). Primary analysis of these questions are necessary for the success.For a project “requirement and specification” plays a vital role. Design, planning, use of resources and cost estimation of a project are done based on the requirement and specification. A project with well defined objectives with efficient definitions shows the way to success.Functions of Project Management includes activities such as planning, cost control, quality control, risk management and safety management in order to achieve project goals (Sara, Amaya ,Angel,Pedro,2013) .
Projects have a defined start point, a single definable purpose and a well- defined end state