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project management life cycle
project management life cycle
project management life cycle
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Ferris Healthcare, Inc recognizes that their growth as organization was depending on their rapid implementation of project management. Their line managers have been performing as project managers, which most of the times resulted on delayed and over budget projects. All employees agree that a project management methodology is necessary in the organization.
They outsourced and gave a quick training on project management for 50 employees (out of 300), some of which were place as part of the committee to create a project management methodology for the company. After two months of meetings, and mainly due to personal interests, three stage-gate models were created: information systems, new products/services provided, and one for acquiring new
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In the case of Ferris Healthcare Inc. it was not a big issue as the three models they created were similar. Creating a single methodology for a company is a complex process that must be developed according to the culture of the organization, their project management maturity, and following specific steps: organizing, planning, and managing (Kerzner, 2010. Pages 154-156). For Ferris, it was actually mandatory to develop a single methodology showing guidelines to proceed as they needed an easy to follow procedures to adapt in their new project management implementation, considering their inexperienced executives, line manager, project managers, and line …show more content…
According to Kerzner (2010) external factors will interact with the development of the methodology (such as change in the marketplace, needs for advancement, organizational growth, change on customers’ demands, etc.) and will impact its failure or success. Having that in mind, there are few things that Ferris need to consider to ensure the success of their single methodology:
- They need experienced project managers to lead them through the process of implementing project management as they are just starting the journey towards project management maturity. It is necessary for them to outsource for a longer period of time and not just for training in order to follow the right direction on their PM implementation.
- Their methodology must be developed around company’s culture and maturity level. As they are immature in project management, they need specific policies and procedures that dictate how to perform in the organization, which must be easy to understand and follow by executives, project managers, line managers, and line employees.
- Make sure that their methodology is accepted by clients. Methodologies can be flexible enough to be adaptable according to customer’s demands. If the customer is not satisfied with the methodology, there is a great chance for failure in the project, and to lose the customer for further
Gray, C., Larson, E. (2008). Project Management: The managerial Process. New York, NY: The McGraw-Hill Companies Inc.
Typically, project managers will be appointed at the beginning of a project and will assist the client in developing the project brief and then selecting, appointing and co-ordinating the project team. He or She will then usually represent the client throughout the full development process managing the inputs from the client, consultants, contractors and other stakeholders.’
Action #1: Training in project management. As stated in the case, these organizations were at different levels of project management maturity, including two of them that were “clueless” about project management. As their goal was to implement an enterprise project management methodology, training in project management represent the first step in this endeavor. It will also help them to create a general and common understanding of what project management is and how it should be implemented, as the other tow companies that knew and implemented project management, exert their implementation in a different way.
Project management is "the art and science of converting vision into reality" (Atkinson, 1999). Project management delivers results. Project managers enjoy the challenge of juggling multiple responsibilities and optimizing workflow in a highly competitive environment. From managing the development of a website to launching new company wide integration system, project managers keep projects on time, on track and within budget. Strong business, management and organizational skills as well as experience with current technologies put qualified candidates in high demand in this extraordinary career field. The practice of project management focuses efforts on your mission by defining priorities, utilizing resources, and producing outstanding goods and services for businesses and customers alike. A successful project translates a broad public mission into concrete results and outcomes.
Project Management is quickly becoming a field of study and importance in the business world. A search on the Internet of the title “Project Management” yields hundreds or results including forums, training manuals and job openings for related positions. Project Management is a broad term referencing the necessary steps taken by management to ensure a product is feasible before and during implementation. According to Project Management Learning Objectives, the steps to achieve success in this area include: testing and measuring products, evaluating and managing the product cycle, comparing costs and benefits, measuring product worth, economic analysis, product analysis, teambuilding and leadership, and budgeting and cost control (Project Management Outline). Project Managers oversee many different areas of the business and are responsible for project success.
Thanks to this approach the project manager is able to control the project from start till finish through the multiple evaluation and decision moments. Numerous processes are described like how to handle deviations and the various communication channels between the project members, the project and all the stakeholders.
Harvard Business Review Press (2012). HBR Guide to Project Management. Boston, Massachusetts: Harvard Business School Publishing Corporation. P123-124
Patanakul, P., & Milosevic, D. Z. (2010). They are business leaders at Spotlight Corporation. In D. Z. Milosevic, P. Patanakul, & S. Srivannaboon, (Eds.), Case studies in project, program, and organizational project management (pp.409-416), Hoboken, NJ: John Wiley &
In the first case the problem with software implementation was that management was not clear on what their customer requirements were. Six sigma has many tools that enable project teams figure out customer requirements. It does not begin with asking the customer what their requirements are. It begins by six sigma practitioners asking themselves what we need to learn. This thought process is a completely different mindset that leads to different outcomes. Implementation of this mindset include beginning with the customer’s goals or business objectives. This orientation devotes careful attention to desired outcomes in financial terms. Most projects begin with a high level business objectives that initially motivate the project but lose focus as the implementation team loses the connection between
Simply a project is a temporary endeavor undertaken to create a unique product, service or result and it’s a collection of team work, planning, time management, budget management and leadership where every single person in the team must understand the scope of the project and their responsibilities towards the project. For a project to be deemed successful, project targets should be achieved while exceeding or reaching client/customer expectations within budgets and within the given time scale and it’s never easy to be profitable, being customer focused, competitive and productive at the same time and here is the place where the management of the organizations recognize and must recognize project management as a building blocks and a supportive tool of project success.
“Project management is the application of knowledge, skills, tools, and techniques to organisational and project activities to achieve the aims of an organisation through projects” (PMI, 2003).
Project management for engineering, business and technology / John M. Nicholas and Herman Steyn. -- 4th ed.p. cm
In the globalized economy, Successful project managers are in much demand across many industries. Organizations strongly need experienced project managers to lead their staff to accomplish their business goals and deliver successful projects. In an increasingly complex environment, project managers need to turn into many roles and have all kinds of responsibilities at each level of management within an organization. Good project managers are not born. They need to be trained. They develop their skills through study, practise and experience. They become better project managers after they finish a successful project each time. They learn new techniques and apply them on their projects. They learn their lessons from failed projects and then improve to be better project managers in the future.
Project management involves all activities that encompass scheduling, planning, and controlling projects. A successful project manager ensure that an organization’s resources are being used both efficiently and effectively. Most projects need to be uniquely developed require a sense of customization and the ability to adapt to any posed challenges. The scope of effective project management includes defining what the project is and what is being expected to be accomplished. Projects are imposed to fulfill a certain need and project managers must have the ability to create the proper definition. Goals and the means used to attain those goals have to be clearly stated. Project Managers must also have the ability to plan
When planning a new project, how the project will be managed is one of the most important factors. The importance of a managers will determine the success of the project. The success of the project will be determined by how well it is managed. Project management is referred to as the discipline that entails the processes of carefully planning, organizing, controlling, and motivating the organization resources so as to foster and facilitate the achievement of specific established and desired goals and meet the specific criteria of success required in the organization (Larson, 2014). Over the course of this paper I will be discussing and analyzing the importance of project management.