Project Management
Elements of Business: Project Management
Postings to the Discussion Board
The Critical Path of PERT charts
Successful realization of business goals of any organization, there has to be an efficient project management in control. Most performing organizations bare witness of how the good managerial functions and change has brought to them. The critical path will always entail the sequencing of duties and events, to ensure that a project is not delayed. The critical paths of most projects are designed in search a manner that the delay or acceleration of the entire project is determined by one activity. Once one activity is altered, it leads to the entire change of project timeline. The process of creating the critical path in most cases requires activity sequencing (Sawyer, 2009).
Prioritizing the correction of existing projects
In cases where the project has steps that follow a certain sequence, a certain task must be completed for the next one to be successful. Referring to the situation at hand, step B was in the critical path hence must be completed to proceed to the next steps. This explains the relationship of finish-start, where one task is completed to start a fresh one. The manager should, therefore, address the step B first. This is because the other steps (C and D) may be simultaneously done. The other steps can be done simultaneously, and hardly have any accurate time limits (Perrin, 2008).
If in any way the steps C. And D. would overlap step A, meaning the step A starts and the rest can be executed later, then this would be the manager's most favorable decision, as this would save on time and resources utilized. The nature of the project is crucial, as some project tasks can be sequenced by overlap, simultaneous relation or using the adoption of a specified sequence (Perrin, 2008).
Analysis of Business Elements (Zeus Sweet Peas Firm)
ZSP's Legality, Social and Economic Environments
The ZSP organization is a registered company that acquired full registration from the Attorney General's chambers (Registration Offices) in 2007. The Company is, therefore, operating legally under the business name Zeus Sweet Peas (ZSP) and has ensured abidance to the provisions in the constitution (Companies Act) regarding the registration and operations of companies. Most of the ZSP Company's processes aim at maintaining the right relations with its immediate environment including the community, and this has consequently led to strong bonds within the organization's staff and also in the neighboring communities. The increasing rates of competitiveness, enables the company to have well designed strategies like the motivation of employees, considerate wages, proper communication channels and many others, to help compete aggressively in the prevailing markets. As a private company, most of the processes are dictated by the Company's management, rather than the government.
Managerial, Operational and Financial issues at ZSP Firm
a) Project Management
The Zeus Sweet Peas (ZSP) firm is renowned for its production of organic food, which it supplies to the entire state, but focuses on segments, including schools and healthcare facilities. The company runs on project implementation basis, where its processes have a beginning and end. Most projects of the organization are aimed at meeting the organization's goals, and they are mostly affected by cost, the strategies/schedule, and aims of the projects. ZSP has a functional structure, which provides a position for the project manager. The manager is in charge of the projects that in most cases are related with food processing. Among the obligations of the manager is to optimize, and consolidate resources that will directly assist in the completion of projects successfully. The project management team of ZSP Company, which is headed by the project manager, has the task of ensuring that a healthy and productive project cycle is reached and maintained. The cycle entails conceptualizing of the project, putting in place a plan for the project, implementation of the designed strategies and the finalizing of the project (includes evaluation processes). ZSP provides the relevant environment to managing the projects...
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