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Management of people, processes, and performance is critical in project management success. According to the work entitled: Integrated Project Management Optimization:
"In this case the decision space is confined by the restricted human capacity and the candidate architectural solutions. The well-known limits are the development capacity, the available cost, the required quality, the dependability etc. The real task is to find the optimal scheduling of the work to keep the given time limits, or to realize the optimal allocation of the human capacity to reduce the cost of the project. Our aim is to trace this problem back to combinatorial optimization." (Doban, 2005)
The following illustration demonstrates the different aspects of project management that must be considered by the project manager:
Source: Project Management Online available at: http://www.bit.umkc.edu/burris/pl/project-management/
VI. Charts and Benefits
Organizational charts may be used by project managers so as to order the progression of processes within the project. Charts that may be utilized by the project management are listed as follows in the chart below labeled Figure 1.0:
Figure 1.0
Source: Archibald (2004) Online available at: http://www.maxwideman.com/guests/stateofart/models.htm
VII. Measurement of Goals and Three Critical Dimensions
Three parameters which the project manager will work with in measuring goals are the dimensions listed as follows in the chart below labeled Figure 2.0:
Figure 2.0
Source: Archibald (2004) Online available at: http://www.maxwideman.com/guests/stateofart/models.htm
The reason behind the design and documentation of the project life cycle process are to assist all individuals that are involved in creation, planning and execution of projects to grasp an understanding of the process or plan to be followed during the project's life. Furthermore reasoning...
Project management is a process that is ongoing throughout the entire project with the project manager in the lead to make sure that projects run in a smooth manner and are completed correctly, efficiently and in a timely manner.
References
Archibald, Russesll D. (2004) Part 2: Project Management Applications, Practices and Tools - Project Management State of the Art 2004. Online available at: http://www.maxwideman.com/guests/stateofart/organizations.htm.
Difficulties and Constraints (2005) Online available at: http://72.14.203.104/search?q=cache:9RT40y-GtyMJ:www.worldbank.org/transport/rural_tr/imp_docs/rri_n2a.pdf+Project+Management:+Constraints+within+the+Environment+& hl=en
Doban, Orsolya, et al. (2005) Integrated Project Management Optimization. Online available at: http://64.233.167.104/search?q=cache:2sju3u1ttKIJ:www.mit.bme .hu/ev ents/minisy2001/Minisymp2001-Cikkek/doban.pdf+Project+ Manag ement+Optimization& hl=en.
McGannon, Bob (2002) "Corporate Culture: A Constraint On Your Project?" ESI International. Online available at: http://www.esi-international.com/public/publicat ions/82002corporatemanagementculture.asp.
Project Management (2005) Online available at: http://www.bit.umkc.edu/burris/pl/project-management/
Yet upon closer inspection these two ideas are connected by the reality that strategy must be implemented; a task achieved by project managers throughout the value chain. Likewise, the human capital of the project managers must be accounted for by management in creation of a strategy framework. The BSC connects these elements by: Providing the discipline to ensure that the formulated strategy has specific objectives for shareholders and customers, an
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