Project Management Written Assignment 1 Essay examples

Business has changed greatly in the last 20-30 years. The introduction of global competition has forced businesses to find new ways to gain a competitive advantage, whether it be new or improved products (as product life cycles have shortened), cost reductions (perhaps through a new MIS), or just improving the customer experience. With Project Management, companies have the ability to focus on many things at once without losing focus on their core business model. By bringing together varied peoples into the PM team, innovation is increased. Under the old way of doing things, the quality of each plan would suffer. Projects have a start and finish and can be tracked and quantified from beginning to end. This ensures a higher quality end result within time and resource restrictions.

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

Evaluate the importance of understanding the various stages of the project life cycle and its possible contributions to a project.

Discussion Question: The Importance of Project Management. Project management has become an important aspect of business in many companies. Projects are integrated with the strategic views of the corporation to ensure maximum benefits are achieved.

1. (TCO A) In the _____ organization structure, the project manager is responsible for the project results, whereas the functional manager is responsible for providing the resources needed to achieve the results. (Points : 5)

This section will cover an analysis of the project management cycle, and the approaches and

Project management provides a strong foundation for developing the attributes needed to pursue high-level leadership roles, analytical positions, and many other areas within the business environment.

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.

3-9: It is depends on the situational and capability of the organization. The factors need to be considered by an organizations which can immediately reconstruct the organizational are, i. ii. iii. iv. v. vi. vii. 3-10: Since the organizations have different departments like engineering, planning, computer programming and construction. They have different life cycle methods for each department and independent of one another so functional organizational form is best. 3-11: The project organizational structure must be used while developing the product. We can effective utilization of product with that so there is no use of using organization structure after development. 3-12: This company has got many achievements without an organizational form. However organizational structure must for developing companies to reduce

The traditional approach to project management is to identify where he or she is right now, and what he or she is trying to accomplish, and the steps needed to take to arrive where he or she wants to be. Project management is the process of activities or tasks that lead to the successful completion of a project. Carrying out a simple project that involves two or three individuals or one that involves a mix of individuals, tasks, and organizations is a big difference. If an individual has an unlimited amount of money and time, project

1. Briefly describe some key events in the history of project management. What role does the Project Management Institute and other professional societies play in helping the profession?

To control the process of a project and manage the operation of a project, the theory of project management life cycle is widely used in nowadays business administration. Treating the whole time dimension of the project as a life cycle, project management life cycle separates the project to some steps and uses checkpoint, milestone and base line to control the operation of the project. This article will be a general introduction of project management life cycle theory and will use an example to show the practice of project management life cycle in a real business project.

Prior to this course, I thought that in order to manage a project you need to be a project manager. However, this course changed my perspective on project management. As I continue to read the book, I realized that I actually manage many projects, and project management is not only limited to organizations. Throughout our lives, we manage many projects from planning a wedding to building a house, some of those projects may take few days and some may take years to complete. In addition, I also learned that there are no two projects that are alike, each project has it’s own unique elements that set it apart from other projects.

The development process of any project has specific phases which are known as project life cycle. Usually each project has five phases which are named as: 1- Analysis 2- Coding or Development 3- Testing or Validation 4- Deployment and Integration, 5-Maintenance.

In its modern form, project management dates back to the early 1950s, although its roots go further back to the latter years of the 19th century. As businesses realised the benefits of organising work around projects - recognising the critical need to communicate and co-ordinate work across departments and professions - a defined method of project management emerged.