Project Management
What is the difference between leadership and management? How do these two terms relate to a project manager?
Leadership defines the vision and mission for a project or business, and then orchestrates the many departments and divisions together for their fulfillment. A strong project leader will also seek ot unify diverse teams by concentrating on making the wide range of talents all combine for greater accomplishment than one person or team alone could attain. In short, a leader know how to use a strong, compelling vision and mission to unify diverse teams and people to a common, challenging goal or objective.
While a leader defines a vision or mission for a business, a manager is given the responsibility of making sure all departments, functional areas of the company and external stakeholders are all orchestrated to a common set of performance metrics. Managers are given the task of ensuring conformity to performance requirements in addition to preservation of the status quo. All of these functional areas are often combined into the four vital functions of planning, organizing, leading and controlling.
In the case of a project manager, they must combine both leadership and managerial skill sets. The leadership aspects of project management include concentrating on defining a compelling vision and mission, and through the use of communication and collaboration techniques, creating shared ownership throughout the teams. The project manager must also hold people and teams accountable for their performance over time as well, fulfilling the functional...
Project Management Emerging markets continue to be a promising area for many of America's most beloved companies such as Coca-Cola, Apple and more. This bodes well for project managers in the digital age as the expand operations overseas. However, as these companies become more global, the risk associated with their operation becomes more important. Understanding gender, ethnic and cultural differences can have a profound impact on the overall success of a
Project Management IT Project Management Questions Outsourcing -- Big Savings, Big Risks Social Software for Project Management Social Software can provide a number of opportunities for managing projects. What are some challenges or issues that should be considered before a project team implements a blog or a wiki? Jonathon Edwards, an analyst with the Yankee Group, states that "Some people clutch to their corporate email boxes as if they were cigarettes. They're hopelessly addicted. We're
Project Management Project Information, History, Intent, and Life Cycle Gray and Larson, (2008) define project as "a temporary endeavor undertaken to create a unique product, service, or result." (p 5). Essential feature of a project is that it has a defined beginning and end often subject to time or fund constraint to achieve stakeholder's goals and objectives. Gray and Larson (2008) differentiate between project and program. "A program is a group of
Project Management-7 What is the difference between a task dependency and a task constraint? The difference between a task dependency and a task constraint is apparent in the time. A task dependency connects two tasks by suggesting that one task will start comparative to another task, whereas a task constraint places the connection directly to a time rather than base it off the time when another task begins (Marmel and Muir, 2007). Give
Q2. The chance of risk events occurring and their respective costs increasingly change over the project life cycle. What is the significance of this phenomenon to a project manager? Managing risk throughout a projects' duration is one of the most challenging and complex series of tasks a project manager will need to contend with on a project-by-project basis. As the deadline for a project nears, the costs of risks both from
In addition to this, the event chain methodology is used in counteracting the effects of different biases. This model also requires the use of Gantt charts. The thermostat model is a model of management control that is based on performance standards, performance measured at the output, and the difference between standards and measured values is used for correcting the process in order to reach the established standards (Koskela & Howell,
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