The use of Gantt charts for enabling interprocess integration and knowledge management in the A&D industry is a best practice for also managing process-intensive projects (Singh, Keil, Kasi, 2009). These include the development of new computer systems and advanced technologies where the project needs to capture the knowledge to fulfill its objectives. Project management's core set of tools therefore needs to be focused on how to augment and strengthen project performance while also capturing process and product knowledge critical to its success (Besner, Hobbs, 2006). The combining of Gantt charts, progress reports, change requests and the use of kick-off meetings to set objectives is critical in this regard.

ecommendations to Project Managers Using the Product Launch Activity Plan

The pro-forma Product Launch Activity Plan shown in Table 1 of the Appendix is designed to provide project managers with a framework to define a Gantt chart to manage the new product…

References

Claude Besner, & Brian Hobbs. (2006). THE PERCEIVED VALUE AND POTENTIAL CONTRIBUTION OF PROJECT Management PRACTICES TO PROJECT SUCCESS. Project Management Journal, 37(3), 37-48.

Saumya Bhattacharya. (2009, August). Creating a project plan: The secret sauce of a project is in its planning.. Business Today.

Blackstone, J., Cox, J., & Schleier, J.. (2009). A tutorial on project management from a theory of constraints perspective. International Journal of Production Research, 47(24), 7029.

Michael Burkett. (2005, July). The "Perfect" Product Launch. Supply Chain Management Review, 9(5), 12-13.

.....project management approach is increasingly becoming popular in today's workplace. Organisations are ever more recognising the benefits of accomplishing tasks and activities as projects -- better task coordination, quicker task execution, and so on (Larson et al., 2013). The author's organisation, a renewable energy firm with operations in Australia and beyond, has particularly been shifting to the project management approach in recent years. The organisation is currently interested in acquiring or merging with a suitable rival to improve its market share and competitive advantage. The merger or acquisition process is often not an easy undertaking. It requires proper planning and execution. With the application of project management concepts, however, the process can be easier. This report analyses the relevance of various project management concepts to the merger or acquisition process. Attention is particularly paid to the project environment, project definition, time and cost estimation, project plan, risk management, resource scheduling,…

Project schedule and risk management are some of the most important components of project management. These components play a crucial role in project planning, which is a process used to organize various areas of a project such as workloads and management of the project team. Project schedule basically refers to a listing of the activities or tasks, milestones, and deliverables of a project that includes the expected start and finish dates ("Project Scheduling," n.d.). isk management is a process through which a project manager and team predicts risks, estimates impacts of these risks on the project, and describe reactions to these issues. This process usually involves the preparation of a risk management plan or outline in order to accomplish these goals.

Definition of What Needs to be Done:

One of the most important aspects to consider when developing a project schedule is all the work that needs to be completed.…

References:

Harris, S. (n.d.). How to Implement An Effective Risk Management Team. Retrieved January 23,

2014, from  http://searchsecurity.techtarget.com/tip/How-to-implement-an-effective-risk-management-team 

"Project Schedule Development." (n.d.). Mind Tools -- Essential Skills for An Excellent Career.

Retrieved January 23, 2014, from  http://www.mindtools.com/pages/article/newPPM_71.htm

Project isk Management

isks associated with projects successful completion

A project is an undertaking of human beings towards satisfying world needs. Projects are endeavors with a defined beginning and an end. Projects suffer from scope, time, cost and quality constraints. It is necessary for project managers to manage the risk of developing weak scope. Scope of a project incorporates the objectives of a project, the target population, the output and impact of that endeavor. Therefore, managers of project need to do a problem analysis, stakeholder analysis, environment analysis to know if the project is sustainable (Cleland & King, 1988). On the risk of time, managers need skills on time management. Management of projects requires one to be well versed in developing schedules. Time management involves developing systems that has a specific time of completion and start time.

Scheduling of projects includes hiring of individuals for the accomplishment of projects. There…

References

King, W.R. (Eds.) & Cleland, D.I., & (1988). Project management handbook (Vol. 2). New

York: Van Nostrand Reinhold.

Anbari, F. T & Kwak, Y.H., (2009). Analyzing project management research: Perspectives from top management journals. International Journal of Project Management, 27(5),

435-446.

It is essential to determine the critical path and shortest and long paths based on the allocated time.

The network diagram for the wedding planning project also provides an understanding about the activities in the sequence they are required to be performed. It is observed that family task is preceded with invitations Lists and on the basis of this activity invitations are posted. The booking of the ceremony is also completed after this activity. On the other hand the wedding activity has two preceding activities including place finalizations and dress selection and rings, which is followed by the floral and decor as well as honeymoon. The finalization of place leads to appointment for ceremony and venue selection, leading towards the final weeding as finish of the activities.

Family

I

nvitations List

edding

Finish

Venue Selection

Appointment

for Ceremony

Finalization of Place

Invitations Postage

Dresses and Rings

Start

Honey Moon

Floral…

Works Cited:

Rosenau, Milton D., and Gregory D. Githens. Successful project management: a step-by-step approach with practical examples. Wiley, 2011. Print.

Schwalbe, Kathy. Information Technology: Project Management. Course Technology Ptr, 2010. Print.

Project Management Techniques:

Signatures Inc. is a company that focuses on manufacturing personalized products like coffee mugs and pens with company logos. The firm generates over $40 million in annual revenues with a workforce of more than 300 workers. Since the company is in the middle of a large multimillion-dollar SCM implementation, it has hired a project management outsourcing company to take charge of its project management efforts. The decision to outsource its project management initiatives is based on the challenges it has experienced in middle of this costly implementation process. Actually, Signatures' implementation of the expensive SCM project has been failing because of three major reasons. The three reasons are the use of traditional waterfall methodology, failure to follow SDLC and skipping the testing phase, and the development of the project plan during the analysis stage, which was never followed or updated by the old project manager. Therefore, the…

References:

Fisher, A. (2013, November 22). 4 Steps to Turning around a Troubled Project. CNN Money.

Retrieved December 23, 2013, from http://management.fortune.cnn.com/2013/11/22/4-steps-to-turning-around-a-troubled-project/

Symonds, M. (2013). Project Management: One Size Does Not Fit All. Retrieved December 23,

2013, from  http://www.techrepublic.com/blog/it-consultant/project-management-one-size-does-not-fit-all/

Project Management

Project Libra: To Terminate or Not to Terminate

Visit www.itweek.co.uk/News/11329438 to see the string of news stories related to Project Libra. Identify some of the sources of the problems the project faces.

Project Libra exemplifies several attributes of failed projects the most notable of which is the breakdown in project team, Fujitsu Services (ICL) system integrator and enterprise software vendors. Most evident of a filed project management structure is the ballooning size of payments made during the project with literally nothing to show for it.

These are the most significant lessons learned from the failure of Project Libra. First, the British government should have had a series of measurable goals and objectives in place first and required monthly updates on project status and delays. This would have drastically reduced the confusion over just what the status of the project was, as is evident from background readings on this…

References

Frame, J.D. (2008). Reinventing project management: The diamond approach to successful growth and innovation. Project Management Journal, 39(1), 96-96.

Gardner, D.J. (2000). How to avoid IT project failures. Consulting to Management, 11(1), 21-23.

Sutterfield, J.S., Friday-Stroud, S., & Shivers-Blackwell, S. (2006). A case study of project and stakeholder management failures: Lessons learned. Project Management Journal, 37(5), 26-35.

Tsoukakas, J. (2001). Stop IT project failures through risk management. Interfaces, 31(6), 133-135.

The reasons for optimization of the project plan are to save time, to save money and to save in over-allocation of human resources to the project. 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…

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.

From such goal, problems can be avoided within the process of building the house. Moreover, with the help of the process of identifying the needs first before going into the process of house construction, the course of building the house can be properly managed.

In general, within the main goal of developing a good project management practice is the goal of identifying the important procedures that must be considered to complete the main goal. Following are some of the important subordinate objectives.

To have the skill and practice of identifying important requirements for a project

To have the skill and practice of organizing a project plan before starting the process of project development.

To have the skill and practice of following a systematic process of project development.

Schedule and WS

uilding a Home

Description:

Implementing a good project management in planning and building a home.

Input: Identified requirements for building…

Bibliography

Demonstration of Feasibility and Use of Report.

Retrieved on Feb. 01, 2005, from ITI.ESA Online.

Web site: https://iti.esa.int/iti/resource/ITI_proposal_b_example.pdf.

Getting Started, Building a Custom Home.

Project Management

Scope Management

Small LAN's Inc. installed a Local Area Network at the new Spring Academy Childcare Center. The project came in a few weeks late becaue of a failure in the planning procees and the overall partner's communications. "In directing the intent of the project, the plan must clearly identify the project objectives, goals, and any special influences or constraints on the project scope." (Stuckenbruck, 100) In order to compete in the twenty first century, Small LAN's Inc. turned in a rather low bid to acquire this work and with today's tighter corporate budgets and reduced resources, Spring Academy Childcare Center accepted.

For this particular project, the project scope consisted of Small LAN's Inc. taking the lead in purchasing all necessary equipment and then professionally installing an entire network over the course of twenty three days. The project had a start date of May 17, 2002. The deadline…

Works Cited

Deal, Terrence E., and Allan A. Kennedy. The New Corporate Cultures: Revitalizing the Workplace After Downsizing, Mergers, and Reengineering. Cambridge, MA: Perseus Publishing, 1999.

Kennedy, Allan A. The End of Shareholder Value: Corporations at the Crossroads. Cambridge, MA: Perseus Books, 2000.

Madu, Christian N. Management of New Technologies for Global Competitiveness. Westport: Quorum Books, 1993.

Stuckenbruck, Linn C. The Implementation of Project Management: The Professional's Handbook. Reading: Addison-Wesley Publishing Company, 1981.

Project Management

The part one of this project discusses several challenges that can affect the success of a project. Ineffective project management and inefficient project planning are part of the top challenges of project implementation, which consequently lead to project failures if these challenges are not effectively managed. In the contemporary project environment, one of the major challenges facing project implementation is the project's risks, typically, every project carries risks and bigger projects carry more risks than smaller projects. Understanding the strategy to manage the project risks is very crucial in delivering a project that meets stakeholder's goals and objectives (PMIS, 2013). isks are uncertain events that can cause negative effects to a project. However, it is the responsibility of the project manager to identify potential risks before the project starts, the risks such as change in project requirement or equipment malfunction can be identified before the project start, however,…

Reference

Field, M., & Keller, L. (2007). Project management. London: Thomson Learning. Heerkens,

G.R. (2002). Project Management. New York. McGraw-Hill.

International Standards Organization. (2012). ISO 21500:2012 Guidance on Project Management. Geneva, Switzerland: ISO.

Koehle, T.C. (1983). Project Planning and Management Technique. Public Administration Review, 43 ( 5): 459-466.

In each individuals identified responsibilities, there is an aspect in which accountability is designated. In each instance, it will be this team member's role to keep others on task and moving according to the consult of scheduling.

3. At the start of the project, responsibilities and leadership roles have been distributed ensuring that every member is aware both of the steps necessary to complete the project and of the individual expectations pertaining to them within the scope of the project. In distribution, we would determine that the skills are present to suggest this plan is executable.

Likewise, based on the enthusiasm shown by all team members for entering into the context of the inner-city for project execution, it is fair to argue that the courage for proper implementation is present amongst us. The confidence also present is strengthened by the projection of schedule, which gives us roughly ten months across…

I am hoping you will attend the meeting and briefly describe the achievements in your area.

I will start the meeting by describing the overall project, the progress so far, and the expected outcomes. I will then describe your role in the project, introduce you, and ask for a brief overview and status report. The status report should only be a few minutes long and should focus on the general progress made, major achievements, and any important achievements still to come. The management and client representatives will generally not have technical expertise, so please describe general achievements in layman's terms as much as possible.

I will also be providing management and the client representatives with a written summary of the project status. I would appreciate it if you could provide me with a brief list of the achievements and progress you will note in the presentation.

The meeting will take…

The author offers detailed information concerning what might be expected by the company as they endeavor to complete a contract. The author also explains the risks associated with certain contracts.

Performance assessment is another important issue that arises in the book. Kerzner asserts that the performance of workers should be assessed for several reasons. One of the primary reasons for assessment is to determine both the mistakes and the successes experienced by a team when working on a project. These experiences can be used to assist management teams in the future. Additionally assessment can be used to offer team members incentives. These incentives will provide the team members with the motivation needed to excel in the future. It is important that organization also establish for workers a system in which what is expected of them is evident. Some projects fail simply because people do not understand what is expected of…

References

Kerzner H. (2006) Project Management a systems approach to planning, scheduling and controlling. Ninth edition. Wiley Publishing

Project Management

Like things information technology management, business intelligence typically implemented form a "project" --, a special kind organizational arrangement set specific things a specific period time, opposed a regular ongoing part organizational structure.

Project management: My experience

"To be successful in the field of BI, a project team needs members with an understanding of and appreciation for the information needs of the user community as well as the technologies" (Wu 2005: 1). It is not enough for a project manager to know how the technology works 'for himself.' He or she must know why, how, and if the technology will be useful to others and will have applications in the field. The project manager must truly be someone who can wear two hats: he or she must be fully abreast of developments in the field and thoroughly understand the technology of the project. Yet the manager must also be…

Reference

Wu, J. (2005) Characteristics of an outstanding business intelligence project manager.

Information Management Magazine. Retrieved at:

 http://www.information-management.com/issues/20050501/1026063-1.html

Project Management

Assessing Risks as Part of Project Management

The paradox of risk is that it can often be planned for yet rarely occurs in the manner that project managers expect when initiating a new program or project. The paradox of risk is that its severity and costs from a time and resource standpoint, in addition to constraint-based nature, rarely can be entirely planned for or anticipated, especially in the context of large-scale, fast-moving projects (esner, Hobbs, 2012). The intent of this analysis is to explain how risks emerged during the launch of two new products and explain how they initially emerged and eventually helped the project to meet and exceed customer requirements.

Analysis of Risk in High Technology

The overall costs of risk to a project can be catastrophic if not budgeted for initially in the project plan and project costs (esner, Hobbs, 2012). eing part of the new…

Bibliography

Besner, C., & Hobbs, B. (2012). The paradox of risk management; a project management practice perspective. International Journal of Managing Projects in Business, 5(2), 230-247.

Thamhain, H. (2013). Managing risks in complex projects. Project Management Journal, 44(2), 20-35.

Starting with the pre-contractual phase, which was for the most part skipped as the EDS teams focused primarily on technologies first, the project lacked the necessary foundation to succeed from a planning standpoint. Focusing on the pre-contractual phase could have also helped to have more clearly defined the SLAs and metrics used for managing the project over the long-term as well (Cross, 2007). With 23 SLAs and 51 metrics, the challenge was one of just having enough time to track the many aspects of reporting needed to fulfill contractual obligations. Lastly, having a more complete pre-contractual phase, there could have been more time to define and execute change management initiatives and programs as well. The lack of phased approach also significantly slowed down the development of the project, with Phase 1, 2 And 3 as defined in the project being more focused on network infrastructure, system-wide connectivity and finally user…

References:

Navy Marine Corps Intranet may never achieve goals: GAO. (2006, December). Aerospace Daily & Defense Report, 220(53), 2.

Baca, C.. (2007, October). Project Manager! Who? Me? Machine Design, 79(20), 64,66,68.

Cross, T.. (2 October 2007). Navy Marine Corps Intranet (NMCI): 2007 Update. Darden Business Publishing Case Collection: UVA-C-2270: Navy Marine Corps Intranet (NMCI): 2007 Update,1-7.

Larry Dignan. (2004, September). How to Interpret Mumbo Jumbo; It's a game we all must play. The answers could save your project - or your career. Baseline, 1(34), 26.

What does the acronym BATNA refer to, and why is it important to being a successful negotiator?

The term BATNA refers to the concept in negotiation theory of the best alternative to a negotiated agreement being taken in the event an agreement is not agreed on. BATNA specifically defines the resistance point that any party in the negotiation in a party decide to leave the negotiation and pursue other options.

Having a BATNA-based strategy in place is an excellent negotiation strategy is it alleviates the need to accept aspects of a deal that is not acceptable to one side or the other of a negotiation. To make this more concrete, consider the case of a person negotiating to buy a used car from a friend. From Kelly Blue Book and other secondary sources of car valuations, the friends' care is worth $5,000. The buyer decides that given the wear and…

Project isk Q's

The network infrastructure is problematic in certain areas of the state, meaning that the existing infrastructure may not support the deployment of the e-mail system in all necessary areas.

Negative isk -- Mitigate

Not having the appropriate network infrastructure presents a negative risk that needs to be mitigated through planning. There is high probability of having problems with infrastructure however the extents of these problems are currently not known and could be severe. Therefore it is recommended to conduct an assessment of the infrastructure capabilities so that they can be modernized to support the system. This should be conducted as soon as possible so it can be built into the project plan.

Several of the vendors have offered to develop specialized e-mail address books and templates for the state users, if their product is selected.

Positive Opportunity -- Exploit

This represents an opportunity for the project to…

Resources or other links, identify software, project management tools, or diagramming techniques that can be used by the project team to help manage risk. One method of research is to enter the term "risk analysis software" or "risk analysis tools" into www.google.com and access the links that apply. For software applications, the most appropriate tools are the ones that interface with Microsoft Project, include Pert diagramming techniques, and/or provide a cost-benefit and analysis feature as well.

 http://www.palisade.com/decisiontools_suite/ 

@RISK for Project is a risk analysis add-in for Microsoft project. @RISK for Project adds Monte Carlo simulation and advanced modeling capabilities so Project Managers can analyze and account for uncertainty in their project plans. @RISK for Project integrate seamlessly into Microsoft Project and provide 38 built-in probability distributions. Account for any risk: task duration, cost, start, effort and more. Run Monte Carlo and Latin Hypercube simulations. Probabilistic branching, IF/THEN Conditional logic, correlations, and more.

Project Management

Integrated project management involves the practice of ensuring that the various elements of the project are effectively and efficiently coordinated. This involves making trade-offs amongst competing objectives and alternatives with the aim of meeting or exceed stakeholder needs and expectations. The project management system plays a critical role in the process of allocating resources to a given project or task. esource allocation involves the development the project plan, determining the various resources required in order to accomplish the project successfully and implement the designed plan. Although this may seem like a relatively simple activity, it is a highly complex task that requires skilled personnel and an effective project management system in practice. This is mainly because the acquisition of resources requires funds, which is a limited resource in itself. In fact, the project management team must be skilled in the use of limited resources. This may include the…

References

Lock, D. (2007). Project management. Aldershot, England: Gower

Meredith, J.R. & Mantel, S.J. (2011). Project Management: A Managerial Approach. John Wiley & Sons

Thirdly, having the ability to motivate the project team is a characteristic of a project manager. Projects can have ups and downs for the project team. When target dates seem far from reach, having a project manager with the ability to motivate the group by setting smaller goals and giving incentives can improve the team's morale. Communicating when things go well instead of only talking about the negative can help communication overall and help motivate the team to continue with their hard work (Bastian).

Student 2: (150 words no sources)

It is important for project managers to have effective leadership and there are several characteristics that help make someone an effective leader. A few of the most important characteristics are having patience, organizational skills, and being creative. Patience allows the project manager to deal with troublesome situations by staying calm and being able to make decisions in even the most…

References

Alexandrou, Marios. (September 2, 2011). 16 Project Manager Traits. Retrieved from  http://infolific.com/technology/project-management/16-project-manager-traits/ 

Anonymous. (February 15, 2010). Top Ten Problems, #5: Expect that automatic resource leveling should be able to alter reality. Retrieved from  http://www.projhugger.com/projhugger/2010/02/top-ten-problems-5-expect-that-automatic-resource-leveling-should-be-able-to-alter-reality-feb-21.html 

Bastian, Bill II. (July 26, 2010). The Top 10 Characteristics of a Perfect Project Manager. Retrieved from

The challenges for the project managers relative to protecting the digital rights of the book are tough to counter, outside of creating a special ink that cannot be accurately photographed digitally or scanned. To attempt this strategy of creating ink that is not easily duplicable would have significantly increased the production costs, squeezing margins on the book as it moved through distribution channels. The risks of electronic duplication at this point can only be met with litigation against those distributors who violated the embargo, thereby making it possible for those fans wanting to gain notoriety by posting pages before the book was available to get the attention they want, even if it means ruining to books' value. In summary, the project managers did assess and respond to the risks they could foresee, and outside of significantly increasing the production cost, they did mitigate the larger risks of the books being…

References

Chapin (2007). Vancouver 2010 Olympic Winter Games. Information Technology Overview. March, 2007. Ward Chapin.

Sutton (2007). Vancouver Olympics 2010's CIO starts training. Neil Sutton. Computerworld Canada. June 14th, 2007. Downloaded July 20th, 2007 from location:  http://www.itworldcanada.com/a/ComputerWorld/10cd14aa-3fae-4c01-a7e2-5242397f9a1e.html

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…

If so, the project manager has the necessary tools to assess the project's progress and communicate its status and needs to others.

Conclusion:

Useful tools are defined for project management. Prior to initiation, there are tools for ensuring that all parties agree on the goal, the approach, the costs, the personnel, the timetable, and the "deliverables." Yet, only when these are defined and agreed upon can the project planning begin. Furthermore, only when the plans are defined and agreed upon can the project actually commence! It quickly becomes apparent why we speak in terms of project phases. The project management profession has developed tools, techniques, education, certification, publications, and organizations to enhance the collective skill set of its practitioners. The reason is quite clear - there is a tremendous amount of money at risk and too few projects are complete successes. However, the profession continues to self-improve. Gifted individuals bring…

References

Knack, R.E. (2004, October). Getting your act together: How project management can help you bring in every project on time and under budget. Planning, 70, 1.

Massue, M. (2004, February). A project planning tool. T&D, 58, 1.

Mission and vision. (2007). Project Management Institute. Retrieved February 14, 2008 at http://www.pmi-adsig.org/MissionandVision.html.

Stuckenbruck, L.C. (1981). The implementation of project management: The professional's

Project

Project No.

Product name

Product status

Inspection result

eviewed by ____ Project Manager

Signed ____ Date

Approved by ____ Sponsor

Signed ____Date

Accepted by ____ Client

Signed ____Date

29 -- QA Audit Form - Purchasing Goods And Services

Activity

esponsibility

Findings

Comments / emarks

( x

Scope of Work determined.

Costs estimated.

Verify whether local supply of required product or service has been checked.

Funds available.

Purchasing documents reviewed prior to issue

Delivered goods inspected

30 -- Team Survey

Issue

Yes

Maybe

No

Suggestion

Team members are respected and trusted

Team efforts are recognised and rewarded

Team members are open about problems

All required information is available

Team members contribute to decision-making

Our team has necessary skills & resources

We are encouraged to take initiative

Individual and team goals are clear

We work well together as a team

Organisational systems support our team

31 - Meeting Action Statement

Meeting…

Resources:

Procurement:

Integration:

45 -- Recommended Improvements

Area

Project Management Plan

xyz cur, gutter & ROAD PAVING FOR CITY OF HUNTSVILLE, ALABAMA INCLUDING RESTORATION WORK OF HISTORIC DISTRICT NEAR OLD RAILROAD DEPOT

PROPOSED CONTRACT

The proposed contract for this project management plan is repaving of all the city streets in the city of Huntsville, Alaama. The project will include rehailitation and preservation of the historic district in the area of the old Railroad Depot in Decatur, Alaama to include rick streets, and round-aouts in the area of downtown Huntsville, Alaama. This will e a large-scale cur, gutter, and road paving project with high costs in laor and materials. Included in this project are the following cur, gutter, and road paving as well as rehailitative street construction initiatives:

miles of cur, gutter and street paving in the City of Huntsville, Alaama

round-aouts near the Railroad Depot

miles of rehailitaiton of rick streets leaving streetcar rails in the rick paving…

bibliography&source=web&cd=12&ved=0CDEQFjABOAo&url=http%3A%2F%2Fwww.lakewood.org%2FDocuments%2FPublic_Works%2FTraffic_and_Transportation%2FTraffic_Engineering_Design_Standards_%2528Green_Book%2529.aspx&ei=z_4pVdvFOIOVNrnHgYgN&usg=AFQjCNGzoBz264sitR2izUXRinJ0FdiGzg&sig2=If9wlqlFqIItX2oeXBY3qA

Low Impact Development At the Local Level: Developers' Experiences and City County Support. (2009) Econwest. Retrieved from: http://www.econw.com/media/ap_files/ECONorthwest_Publication_LID-Clackamas-County-Case-Study_2009.pdf

Bid/No-Bid Decision Process Flow (2015) The One Business Proposal. Retrieved from:  http://www.theonebusinessproposal.com/bid-no-bid-decision-process-flow.html 

Roadway/Transportation -- Capital Improvement Projects (CIP) (nd) Retrieved from:

 http://www.douglas.co.us/road-work/construction-capital-improvement-projects/

Project Management

In order to define project management, one must first define what is a project. A project is a temporary activity performed by a group in order to develop a unique service, product, or result. A project is labeled a temporary activity because it has a defined start and end in time. Therefore, a project has a defined scope and resources. This means that a project can only be carried out within a specified time and with the set-aside resources. A project is unique because it is not a something that is carried out on a routine basis within an organization. A project uses a set of operations that are designed to accomplish a particular goal. Therefore, a project team mostly encompasses people who would normally not be working together because they are from different organizations, or geographies. There are different types of projects that range from software for…

References

Beaton, R.D., Johnson, L.C., Maida, C.A., Houston, J.B., & Pfefferbaum, B. (2012). Disaster research team building: a case study of a web-based disaster research training program. Traumatology: An International Journal, 18(4), 86-91.

Burke, R. (2013). Project management: planning and control techniques.

Devi, T.R., & Reddy, V.S. (2012). Work breakdown structure of the project. Int J. Eng Res Appl, 2(2), 683-686.

Kerzner, H.R. (2013). Project management: a systems approach to planning, scheduling, and controlling. Hoboken, NJ: John Wiley & Sons.

Project Management

Customer equirements

Being able to offer customization of tablet PCs and laptops to enterprises and small businesses, all configurable online and at low costs, will successfully differentiate Libertad from the many potential competitors it make encounter in the future. Time-to-market and the tight orchestration of the new product development and introduction (NPDI) process is also critically important to the success of Libertad's business model. CM systems often act as the unifying catalyst across the entire value chain of a business, ensuring customer requirements are accurately captured during the quote phase and then integrated successfully into the production schedules and fulfillment instructions to deliver the final product (Limbasan, usu, 2011). Cloud-based CM systems are providing to be especially adept at managing the wide variation in customer product and service needs while orchestrating internal systems to ensure customers' orders are filled and expectations met (Banerjea, 2011). Where legacy CM systems…

References

Banerjea, D. (2011). Calibrations in the cloud. Quality, 50(3), 40-45.

Cunningham, Patrick, CRM, F.A.I. (2010). IT's responsibility for security, compliance in the cloud. Information Management, 44 (5), HT6-HT8, HT10.

Gido, J., & Clements, J. (2012). Successful project management (5th ed.). Mason, OH: South-Western.

Harding, D., Cheifetz, D., DeAngelo, S., & Ziegler, E. (2004). CRM's silver lining. Marketing Management, 13(2), 27-32.

It takes time for the two leaders to mesh and work together as one unit. In the meantime, there may be some conflict about who does what and with what resources are these things to be done. This can be stressful for everyone and could potentially slow progress.

The dedicated team approach consists of individuals who are devoted solely to the project. This can be an extremely effective method because there is no competition between the needs of the project and various areas of expertise. This makes for a unified team, focused on a quick and efficient completion of the project.

With the ease of this method, come some drawbacks. It can be costly to employ individuals on a full time basis for an assignment with a definite end.

Total concentration on the project can in some ways cause the team to feel like a separate entity from the organization,…

The study of physics, optics and biology of the eye contributed to the development of the quadrant and sextant. The Islamic world also created the concept of a library.

The Crusades of the eleventh century brought the learning of the Islamic world to Europe unfortunately this information was acquired by the act of war. The Crusades also increased the flow of trade, bringing new spices, gemstones and foods to Europe. The Crusades marked the beginning of religion as the basis for society. The Pope and the Catholic Church emerged as the leaders of society and religion as the unifying morality.

Rather than a change in politics, a mini-renaissance occurred during Romanesque period. The study of art, science and culture brought about a change in architectural styling and building materials; increased use of rounded arches and barrel vaults emerged at the same time as the use of metal, enamel, ivory, bronze,…

Project management is an important component in the success of projects undertaken by modern business organizations or enterprises. Organizations embark on project management initiatives to help promote the success and effectiveness of their various projects. However, organizations across the globe face substantial project failure rates, which are often costly since they waste millions of dollars in the process. Given the likelihood of project failures, organizations undertake several measures to help enhance the success of their projects. Despite these efforts, project failure is still a reality that many organizations worldwide have to struggle with. This paper examines three reasons why a project can fail and discusses solutions that can be utilized by organizations to eliminate the problem and turn the project or initiative into a successful venture.
Reasons for Project Failure
Pinto & Mantel (1990) states existing literature on project management has different definitions and unique examples of the concept of…

Astra Zeneca

Project Proposal to Streamline Operational Processes

The pharmaceutical industry in general is undergoing extreme amounts of external pressures. Not only has the economic environment since the global recession been less than ideal, but there are increasing regulatory pressures and healthcare reforms that are also expected to dramatically change the environment in which AstraZeneca operates. It is in this environment that the organization must streamline its operations so that it can be more lean and flexible when adapting to the new landscape that will emerge in the near future.

This project proposal outlines a project portfolio management program that can be implemented to ensure the organization can eliminate any unneeded waste in its operations. This portfolio will be implemented across many divisions and will require a schedule of one year. Each division will have an individual project that is tailored to a scope that suites there individual department's needs.…

Works Cited

AstraZeneca Global. (N.d.). About Us. Retrieved from AstraZeneca Global: http://www.astrazeneca.com/About-Us

Benta, D. (2011). On Best Practices for Rick Management in Complex Projects. Informatica Economica, 142-152.

Hirschier, B. (2013, June 10). AstraZeneca buys U.S. lung drug firm Pearl for up to $1.15 billion. Retrieved from Reuters:  http://www.reuters.com/article/2013/06/10/us-astrazeneca-pearl-idUSBRE95904U20130610 

WHO. (N.d.). Pharmaceutical Industry. Retrieved from World Health Organization:  http://www.who.int/trade/glossary/story073/en/index.html

Role of Project Manager in Different Projects

The project manager plays an instrumental role in ensuring project success. It could actually be argued that the project manager is the most important person in any project management environment (Meredith and Mantel, 2011). Essentially, the project manager carries the overall responsibility for ensuring the project is successfully planned, designed, executed, monitored, controlled, and closed (Thomsett, 2010; Young, 2013). Whereas the role of the project manager tends to be similar in virtually all projects, there could be some differences from one type of project to another (Winch, 2010; Project Management Institute [PMI], 2013). This essay critically evaluates the role of the project manager in three contrasting types of projects.

As per the conventional project management methodology, the role of the project manager stretches across four major functions: planning (laying out a plan for achieving the overall objective of the project); execution (implementing the…

Information Technology -- Project Management

Functional structure is the classic hierarchy of a CEO, departmental managers reporting to the CEO, and skilled employees in each department (Schwalbe, 2014, p. 49). This is favorable for its flexible use of personnel with specialized skills from each department but unfavorable because each department is focused on its own needs, with low project motivation and awkward intra-departmental coordination.

Project structure has project managers report to the CEO (Schwalbe, 2014, p. 50). Each project manager has staff grouped for a specific project. This is favorable because the project is the focus, and employees are specially assembled, have specific tasks and answer only to their project manager but is unfavorable because there may be duplication of work in different project teams, lack of loyalty to the organization and lack of job continuity.

Matrix structure is a hybrid (Schwalbe, 2014, p. 51), with classic departmental managers but…

Works Cited

Bolman, L. G., & Deal, T. E. (2008). Reframing organizations. Retrieved from www.slideshare.net:  http://www.slideshare.net/PhilVincent1/fourframe-model 

Method123. (n.d.). Project Management Life Cycle. Retrieved from www.method123.com:  http://www.method123.com/project-lifecycle.php 

Schwalbe, K. (2014). Information technology project management (Rev. 7th ed.). Boston, MA: Cengage Learning.

Project Management

Grey Sloan Memorial Hospital was founded in 1982 and has since then offered medical services to the public. The health care organization is located in central Washington DC and has been one of the renowned hospitals in the region. However, in the past six months, the health care organization has experienced a great influx of critical and acute patients needing medical treatment. The chief of general surgery has since then presented a project to be executed with the purpose of expanding the ICU unit of the hospital to cater to more patients. The main objective of the project is to increase the space of the ICU unit in order to cater to more patients. Another objective is also to procure advanced technology that will facilitate the nurses and doctors in the treatment of acute and critical patients. Once completed, Project Grey will have an insurmountable impact on Grey…

References

Essays, UK. (2013). Investigating The Principles Of Project Management Information Technology Essay. Retrieved from  http://www.uk ***.com/essays/information-technology/investigating-the-principles-of-project-management-information-technology-essay.php?cref=1

Hill, G. M. (2014). The Complete Project Management Office Handbook, Third Edition. Boca Raton: CRC Press

Kliem, R. L., Ludin, I. S., Robertson, K. L. (1997). Project Management Methodology: A Practical Guide for the Next Millenium. New York: Marcel Dekker, Inc.

Lester, A. (2014). Project Management, Planning and Control. Oxford: Butterworth-Heinemann.

The remaining hour at each regional office is required to set up the router, and after this is accomplished all of the necessary hardware components will be installed. The installation of printers in the regional offices and speakers in all three offices will require fourteen-and-a-half to seventeen-and-a-half hours, depending on the number of printers required at the main office, but these can be installed with minimal disruption and can thus be carried out during the regular work week following the installation of the other components.

The workstations are of more pressing concern both for their necessity and the time necessary for the installation of each one. It will take approximately one hour to set up each workstation, and with sixty-five workstations needed in the three offices combined, it is unlikely that any office could be completed in even a full weekend's work. Given the high level of disruption tat installation…

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 related projects designed to accomplish a common goal over an extended period of time." (Gray and Larson, 2008 p 6). Major goal of any project is to satisfy customers' objectives, and features of a project are they:

have established objectives.

Have a life span definitely a start and the end.

Usually involve several professionals and departments.

Have specific costs, time and performance requirements.

However, a project is different from program where workers are performing repetitive operations daily within…

Reference

Larson, E.W. & Gray, C.F. (2011). Project Management - The managerial process (5th Edition), New York, The McGraw-Hill/Irwin.

Martin, P., and Tate, K. (2004). Getting Started in Project Management (New York:

Wiley,)

Programme Management Office (2012).Project Charter & Scope Statement. Institute of Technology. Dublin.

"

There are several benefits that a global consumer electronic firm could derive from inter-project learning.

First, inter-project learning allows firm to enhance project completeness. Prencipe, & Tell (2001) argue that inter-project learning allows firms to execute a project in a best method. In the present competitive market environment, project is the key to the dynamic competitive capabilities. Typically, accumulation of knowledge builds project competencies, which could enhances market performances of a global consumer electronic firm. Experience has revealed that project-based firm has been able to record high profit in the market environment. ( Brady, and Davies, 2004).Through inter-project learning, a global consumer electronic firm will be able to better estimate the project costs and this will enhance ability to deliver the project with success. Moreover, the inter-project learning will enable the company to estimate the project risks efficiently. By better evaluating the project risks, the project manager will be…

References

Anbari, F.T., Carayannis, E.G. And Voetsch, R.J. (2008) Post-project reviews as a key project management competence, Technovation, Vol. 28, pp.633-643.

Brady, T. And Davies, a. (2004) Building of the Project Capabilities: From Exploratory to Exploitative Learning, Organization Studies, Vol.25, No.9, pp.1601-1621.

Prencipe, a. & Tell, F. (2001). Processes and outcomes Inter-project learning: knowledge codification in project-based firms. Research Policy. 30: 1373 -- 1394

Plan:

Project Management

Supporting Activity Project Characteristics

• What are some of the characteristics that differentiate projects from other functions carried out in the daily operations of an organization? List some examples of work considered to be a project and work not considered to be a project.

The main trait and attribute that differentiates projects and non-projects is the duration of the event in question. Events that are ongoing in perpetuity are not projects. Projects, instead, are tasks/jobs (or collections of the same) that has a definite start point and end point as well as a budgetary estimate and a depicting/listing of the resources needed for the project. The project is planned, commence and then evaluated whereas operations tasks are normal daily tasks that do not generally halt unless there is a business need or reason for it (PMBOK, 2013).

For example, work tasks like checking email or answering customer phone…

References

PMBOK. (2013). A guide to the project management body of knowledge (PMBOK®

guide) (5th ed.). New York, NY: Project Management Institute.

Project Management and the Transformation System

In this research paper, the author discussed he concept of project management employing in a construction firm. The author described briefly, the mission of construction organization, i.e. its product and services, intended markets, and how the product or service is distinct from those offered by competitors. The author also analyzed the scope of integration of project management concepts such as; Project Planning, Portfolio, Life Cycle, Team Management, Scheduling and Controlling the Project. Firms can benefit by integrating project management concepts to overcome the issues like team management, planning and managing. A project is considered winning if it completes on time, goes on to follows a pre-set schedule, remain within the provided budget, and finally its customers are pleased. For successful completion and for the satisfaction of costumers, it should have a specific time frame and must achieve the prior set targets by deploying resources…

References

Bennet F. Lawrence (2003), The management of construction: a project life cycle approach, UK: Oxford: Butterworth-Heinemann

Derek Torrington and Laura Hall (2001), Personnel Management HRM in Action, UK: Prentice Financial times

Gail Blackstone (2003), Performance Management in Project Management, UK: Journal of Personnel Management

Gelbard, R. & Carmeli, A. (2009). The interactive effect of team dynamics and organizational support on ICT project success. International Journal of Project Management, 27(2), 464 -470. doi:10.1016/j.ijproman.2008.07.005

Problems and risks related to contracted a new company relate both to cost, safety measures and legal liability. The primary consideration is cost, as this is the major problem related to the issue mentioned above. The first requirement for the new company would then have to be a cost that is as close as possible to the price to date charged by Walkers Ausgas before the increase. Being a transport company, safety is also of utmost importance. Hence, it has to be ensured that the new company will deliver a service either of similar or higher quality than Walkers Ausgas. Pricing and quality therefore have to be in optimal balance in order to minimize the risk of legal liability.

pecifically then, the risks include the following:

3.1 afety

afety is one of the most important issues at Kingsgrove. Ensuring that proper testing and certification measures are in place minimizes the…

Sources

Australian Institute of Petroleum. Petroleum Topic Fact Sheet. Retrieved June 18, 2006 at  http://www.aip.com.au/industry/fact_alt_fuels.htm .

Beer, T., Grant, T., Brown, R., Edwards, J., Nelson, P., Watson, H., and Williams, S. (2000). Life-cycle Emissions Analysis of Alternative Fuels for Heavy Vehicles - Stage 1 CSIRO Atmospheric Research Report C/0411/1.1/F2 to the Australian Greenhouse Office, March 2000.

Hill, R. (2000). Converting $12.4 million into Improved Greenhouse Performance. Media Release. Leader of the Government in the Senate. Minister for the Environment and Heritage. August 21, 2000. Retrieved June 18, 2006 at http://www.deh.gov.au/minister/env/2000/mr21aug00.html.

Werner, C. (2006). National Clean Bus Update. Environmental and Energy Study Institute. Retrieved June 18, 2006 at  http://www.eesi.org/publications/Newsletters/Clean%20Bus%20Update/March%202006.htm

Project Management Email esponse

Choosing a Project

In order to determine which of the three projects is best, it is important to conduct a feasibility study. That is done to take a careful look at each one of the projects offered and examine what they provide to the company in the future. Of course, it is not possible to know exactly what will happen, and there are only projections and assumptions that can be made with any new product launch or adjustment (Farris et al., 2010). Still, the best way to make these is through studying the feasibility of the different options provided in order to make the best and most educated plan for the future (Farris et al., 2010; Levy, 2002). This study shows that the Palomino project is going to be the recommended option between the three choices available, because it provides the most balance. There are a…

References

Farris, P.W., Bendle, N.T., Pfeifer, P.E. & Reibstein, D.J. (2010). Marketing metrics: The definitive guide to measuring marketing performance. NJ: Pearson Education, Inc.

Levy, D.M. (2002). Research and development. In David R. Henderson (ed.). Concise Encyclopedia of Economics (1st ed.). NY: Library of Economics and Liberty: OCLC

Project Management

Review the "Lessons Learned" section of the project risk diagram. Describe how the Lessons Learned activity helps you become a stronger project manager, who else it helps in the project team and also describe how it helps PMO. 200 words

Documenting the lessons learned is one of the most important aspects of the closure phase of the project. It is important to an individual project manager because they can reflect on their performance and find areas for improvement. A project manager, with the assistance of their team and supervisors, can find areas in their management capacity in which they can work on for future improvements. They can also make note of things that went right so that they can recreate those items in the future. For instance, if a change management procedure or a communication medium worked well then the project manager will know to use these in…

Works Cited

Anderson, P., & Tushman, M. (1991). Managing through Cycles of Technological Change. Research Technology Management, 26-31.

Rettich, K. (2011). Using the Wiki to Deliver Paperless Software Documentation. IPCC, Professional Communication Conference (IPCC), 2011 IEEE International, 1-8.

Sarin, K. (2010, April 19). Nature of Training and Development. Retrieved October 15, 2011, from HRM Training and Development:  http://www.scribd.com/doc/10041934/HRM-Training-Development 

Shtub, E. (2004). Project Management: Processes, Methodologies, and Economics. London: Prentice-Hall.

Rather, the issue needs to be seen from all angles to truly evaluate the needs and responses to these risks as they are identified.

a. List the potential threats and uncertainties associated with staging the Rock 'n'

Reggae concert using the information contained in this case description.

Threats will include drunken or otherwise inebriated fans, accidental fires (especially from electricity or smoking). Also, acts of God such as weather disasters must be factored in.

b. As noted in the scenario, the capacity of the stadium is 8000. Similar sized concert data were referenced in preparation for that given year in the United States. Deaths should considered to give an adequate barometer for preparation for a worst case scenario (Upton, 2004) .

In an international study that the team used in preparation for this project, 136 hundred and thirty-six victims died in 29 separate incidents that occurred in 20 different countries/territories:…

Works Cited

How to organise a rock concert. (2008, June 04). Retrieved from  http://community.jobscentral.com.sg/node/131 .

Upton, M. (2004, January). Risk analysis for major concert events, the benefit of hindsight. Retrieved from http://www.www.safeconcerts.com/documents/riskassessment.pdf.

Project management. Retrieved from http://www1bpt.bridgeport.edu/sed/projects/cs597/unfiled/zhipingli/report.html.

Project Management

Although desirable, it is quite difficult to start with a dictionary definition of project management, mainly because of the complexity involved in the process, a complexity impossible to cover with a simple two-line definition. Hence, it is probably best to describe the process, underlining thus the main characteristics of project management.

A company's strategic perspective may, perhaps, be amply resumed to two strategic concepts around which everything else revolves: objectives and projects. Any company will start building its analysis around a series of drivers and objectives that the company may have for the next few years. These objectives need to be only a couple, because we may assume that if the company had 15 objectives for the next years, its resources will be too split and it will not be bale to fulfill any of them efficiently.

Once the company has defined its list of goals, it needs…

Bibliography

 http://www.123projectmanagement.com/project-management-definitions.html 

2. Mullaly, Mark E. Project Management: A New Definition. July 2003. On the Internet at  http://www.gantthead.com/article.cfm?ID=183068 

 http://www.netcoach.com/projman/pmwb2.html 

http://www.spottydog.u-net.com/guides/define/frameset.html

Project Management

Elements of Business: Project Management

Postings to the Discussion Board

The Critical Path of PET 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…

References

Adams, T. & Means, J. (2005) Facilitating the Project Lifestyle: Skills and Tools to Accelerate Progress for Project Managers, Facilitators and Six Sigma Project Teams: New York, John Wiley and Sons.

Haynes, M.E. (2002) Project Management: Practical Tools for Success: New York, Cengage Learning.

Jones, R. (2007) Project Management Survival: A Practical Guide to Leading Managing and Delivering Challenging Projects: New York, Kogan Page Publishers.

Paula, M. & Humphrey, C.J. (1996) Orientation to Home Nursing: New York, Jones and Bartlett Learning publishers.

Project Management

In The Custom Woodworking Company, hereafter known as "Woody's," there were numerous project management problems that appeared from the very beginning, and they only got worse as the product was carried out. The Woody 2000 project was not well conceived, and that was the first problem encountered. When a project is going to begin, it needs to be thoroughly planned out first (Wideman, 2001b). There was little planning that took place with this project, as it was suggested and seemed to snowball from that point. Before Woody knew what was happening, a budget was proposed and there was a meeting with the engineers who were going to add to the building (The Custom Woodworking Company, 2012). Even then, the project started off badly. Originally, the desired plan was to move the company's location to a huge facility where rapid expansion could take place. However, Woody and his wife…

References

Gheorghiu. F. (2008). Starting a PMO from Scratch: A Challenge or Unbearable Burden. PM World Today. Vol. X, Issue III.

History of Project Management. (2012). Retrieved July 29, 2012 from  http://www.lessons-from-history.com/node/16 

Lavell, D. & Martinelli, R. (2008). Program and Project Retrospectives: An Introduction (Part 1 of a Series). Vol. X, Issue I.

The Custom Woodworking Company - Woody 2000 Project. (2012). Retrieved on July 29, 2012 from:  http://www.maxwideman.com/papers/woody2000/intro.htm .

Project Management

For the tax preparation software, the status would be yellow. Everything appears to be moving forward properly at this time and there have not been any reasons to get behind or to have overtime on the project. However, there is more to the issue than just what is taking place at the moment. There are concerns that may present themselves in the future, and in order to plan for these properly it is necessary to focus on what could occur based on these concerns. There are two risks that are the most important to consider. These are that it is hurricane season in Florida, where three of the developers are located, and that the one person who decided to take early retirement (and is leaving in a week) is the only person who knows how to work with the IS to get approval for the final product. All…

References

Dinsmore, P.C. (2005) The right projects done right! NY: John Wiley and Sons.

Ireland, L.R. (2006) Project management. NY: McGraw-Hill Professional.

Nokes, S. (2007). The definitive guide to project management (2nd ed.). London: Financial Times/Prentice Hall.

Phillips, J. (2003). PMP project management professional study guide. NY: McGraw-Hill Professional.

Project Management

How well the client's value was understood.

Normally the client's values are not understood well or possibly at all. This often results in many delays or modifications because if the values are not understood then the quality is unlikely to meet the end-users expectations. There are many ways to try to mitigate these risks in a project during the planning phase. However, there are often a wide variety of different stakeholders that may have different expectations for the project. Therefore, it is important to incorporate as many viewpoints as possible to get something of a comprehensive account of the stakeholder's values. Furthermore, in many cases stakeholders do not realize what their own values and expectations for a project actually are. Thus it is important for a project manager to try to tease out as much critical information from the stakeholders as possible so that they know how to…

(Braunschweig; Day, 150)

Most of the current generation of project managers expects the project management tools to furnish them with almost real-time knowledge in order to facilitate their decision-making. Some of these tools like DOFF, "Field of the Future," "Smart Fields," Microsoft's "Oilfield Connectivity" and i-Fields are currently being examined by exploration and production oil companies. Some of these tools have the capability of generating information from apparently incongruent data and helping managers take important decisions based on them. (Oilfield Connectivity - Capturing the Value of the Digital Era)

There is substantial amount of risk in oil exploration and production since the concerned target is located many thousands of feet under the ground. There are a number of factors that can cause uncertainties and risks in these fields which may include the weather, people, geology, safety, and availability of tools and equipment. Agility is an important requirement in the oil…

References

Barkley, Bruce T. Integrated Project Management.

McGraw-Hill Professional, 2006.

Braunschweig, Bertrand; Day, Ron. Artificial Intelligence in the Petroleum Industry:

Symbolic and Computational Applications. TECHNIP. 1995.