Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
Project Manager vs. Product Owner
What are the differences in organizational structure?
TPM (Traditional Project Management practices) projects adhere to a very thorough plan which is formulated prior to doing any work on the venture. The basis of this plan is the notion that the solution or goal is explicitly defined at the outset. Aside from small deviations brought about by requests for change, the project goes along the plan, and the solution is attained. This approach's success is founded on accurate goal specification in the project definition phase and preliminary scoping activities.
APF (adaptive project framework) projects also keep to a comprehensive plan; however, this plan is not developed at the project's onset. Rather, it is developed in steps, as each cycle defining the project's life cycle attains completion. Project timeframe and budget are laid down at the beginning. Following each cycle's completion, the client as well as project team review the work carried out in the cycle and fine-tune the plan. Through this strategy, the solution starts appearing gradually. Due to the JIT (just-in-time) nature of planning and minimal effort and time devoted to planning and organizing elements of the solution that do not turn out to be part of the end result, projects following APF approach are more cost- and time- efficient than those that follow a TPM approach (Wysocki, 2014, p. 29).
What are the differences in monitoring and control?
Monitor/Control progress of the project
The monitoring stage commences with project commencement.
Earlier phases generate numerous status reports which can be employed for monitoring progress of the project. Some such reports are only utilized by the team directly involved in project activities, while other reports are accessible to clients and the management, as well.
A key...
Requests activate the feedback loop, and the manager, who heads the project team, reviews the plan for determining how the request for change must be accommodated.
Issues may also crop up when work completes behind or ahead of schedule. Such situations are handled via a problem-escalation process, established during project launch (Wysocki, 2014, p. 28).
What are the differences in reporting of overall project performance?
The manager in charge of a TPM project responds to performance of individual tasks in a series of interdependent tasks while expending management time. There is no reliance on statistical characteristics of a series of interdependent tasks, in TPM (Wysocki, 2014, p. 373).
In a number of cases, particularly for projects entailing development of computer applications, appropriate team members and the client collectively draw the ATP. This is normally carried out early on into the project. The ATP necessitates compliance of project team with all elements in the performance specifications stipulated by client. This stage makes use of a checklist, which requires a part-by-part sign-off depending on performance assessments. These assessments are performed jointly; relevant project team members and the client administer it. The checklist is composed such that the assessment either does or does not demonstrate compliance. It should not be formulated in a manner that requires interpretation for ascertaining whether or not performance specifications are met (Wysocki, 2014, p. 286).
Which approach do you feel is more effective at addressing these activities: time management?
Value-based time management
Time management and…
References
Cagle, R. B. (2003). Blueprint for project recovery: a project management guide: the complete process for getting derailed projects back on track. AMACOM Div American Management Assn.
Vellani, K. (2006). Strategic security management: a risk assessment guide for decision makers. Butterworth-Heinemann.
Wysocki, R. K. (2014). Effective project management: Traditional, agile, extreme. Indianapolis, Ind: Wiley.
Project Management: Case Study in Managing a Complex Shipyard Project in Singapore Background of Complex Shipyard Construction Project Company background Project Overview and Objective Work Process of Building Construction Issue Analysis in Shipyard Construction Project Management Literature Review of Project Management Issues in Scope Management Methodology of Scope Management Lessons Learned from Scope Management Issues in Cost Management Methodology of Cost Management Lessons Learned from Cost Management Issues in Human Resources Methodology of HR Management Lessons Learned from Human Resource Management Case Study in Managing a
Teamwork is highly valued at Spectrum, and a matrix structure would exploit this advantage in a flexible and effective manner. A matrix structure also reduces costs, because it allows top talent to be shared between divisions: "because key people can be shared, the project cost is minimized" (Matrix organization, 2010, VisitAsk). The disadvantage to a matrix structure is the diffusion of responsibility. Shared authority and responsibility can reduce accountability
In the book, Project management: strategic design and implementation, David I. Cleland and Lewis R. Ireland report "a review of the results of projects in antiquity reveals evidence about how several historical projects originated and developed" (p. 4). 1. The first of this type of evidence, known as artifacts, typically came from human workmanship. These could have been structures, tools, weapons, or items of substance of archeological or historical interest.
LEASING vs. PURCHASING COMPUTER EQUIPMENT? Leasing and Purchasing Computer Equipment Scope Considerations for Lease Option 7-9 Advantages of Financial Leasing 9-12 GE Transportation plans to replace their computer equipment for the Human Resources and recruitment department having roughly 100 employees. This paper is based on researching what is the most economical way for the employer, GE, to outfit its office with computer. In this paper the pros and cons both of buying new equipment
session long project. Thank ! Case 1 Let's start assignments class examining structure passenger airline market. Market structure analysis requires a supply demand side market, case, airline passengers airline companies. Airline industry Identify key external factors that affect the passenger airline industry and explain how that impact occurs The airline industry is affected by a number of cultural and economic factors. The price of fuel has an obvious impact upon the input
Theory vs. Practice When it comes to working in any sort of organization or corporation, one of the obvious chasms that becomes clear here is the relationship between theory and what is practiced in a small business setting. To truly look at and assess that paradigm, the author of this report has interviewed an owner/manager at a small business to discuss what they do to make things work, what is suggested