Leadership and Project Management: Assessment, Risk, and Control Strategies
This paper examines core project management practices essential for successful organizational outcomes. It covers the implementation of balanced scorecard assessment methods for periodic project evaluation, risk identification and mitigation strategies, documentation requirements aligned with PMBOK guidelines, and the project manager's role in oversight and progress evaluation. The paper also addresses project closing activities, conflict-resolution approaches, and monitoring and control mechanisms to ensure timely, cost-effective project completion while maintaining stakeholder alignment.
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The project will be assessed using a balanced scorecard approach at periodic intervals throughout the project. The balanced scorecard will be used to help mitigate employee conflicts while simultaneously aligning all stakeholder groups. A balanced scorecard aligns stakeholder groups because objectives are clearly delineated at each phase of the project. Each objective is weighted in order of importance so all stakeholders understand what is expected. The scorecard is particularly helpful for tracking progress against these objectives. If an objective is incomplete, corrective action can be immediately taken rather than waiting near the project's conclusion. In addition, assessment will not be as subjective. Project assessment based on the balanced scorecard will be clear and precise, minimizing human subjectivity and error.
This approach is warranted, particularly within oral health projects that are both demanding and time-intensive. Government projects that need a governor's approval often have strict timelines. Political affiliations often change, and a governor's term is not limitless. During an election season, power and control can easily shift. As positions change, so too do priorities. A change in leadership could derail the completion of this project and the benefit to all stakeholders. Therefore, time is a constraint due to the project's political affiliation. By using a balanced scorecard to properly assess, maintain, and evaluate a project, we can ensure timely completion of the overall project.
With any oral health project, risk is a critical concern. Risks can come from a litany of factors, both expected and unexpected. Risks can also be subjective and difficult to quantify, such as reputation. To mitigate and control risks, we plan to list all identified risks by probability of occurrence and costs associated with an occurrence.
Our complete risk mitigation strategy includes establishing the context of the risk, identifying, evaluating, and treating the risk, and tracking and reporting the risk plans. This strategy will also help identify other opportunities such as cost savings and other actionable measures.
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