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Abstract
The following paper will explore project management as it relates to budget, time and user requirements. These are all important aspects to be aware of when developing or managing software projects. There are various online resources available to give guidance on how to properly meet these requirements. Budget is met in various ways and after considering many factors. These include failure to recognize cost for resources used on the project, not leaving room for the unexpected, and not continuously monitoring cost throughout the project. Time is influences by elements such as unrealistic budgets, improper planning, and unknowledgeable staff. These are all variables that if not considered can cause a project to fail. Understanding user
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A good project manager communicates with the team and stakeholders on a frequent basis regarding the budget. This open communication keeps management as well as stakeholders happy. (Westhand) Another obstacle when managing a project is time. Time estimation is imperative for two main reasons. The first is proper time estimation determines the setting of deadlines. It will impact stakeholder and upper management of the level of competence of the project manager. The second reason is that proper time estimation will allow the budget to be determined correctly. (Cassidy) Project managers who are unfamiliar with the project scope are unable to plan accordingly. Not taking into account unexpected events or not properly scheduling high priority task can create complications. In order to make proper time estimations a project manager must first understand the outcome of what the project is trying to achieve. Once the outcome is understood the project manager can then develop project task. These task can then be reviewed in detail to eliminate any unknowns. This detailed list will be the foundation for the project manager to determine the time it will take for each task to be completed. Project managers should also take into account and estimate time for high urgency task that have to be completed before another task is started. Unanticipated events such as these can cause interruptions in meeting …show more content…
The project members can include project manager who is responsible for setting the meeting. The client manager who have precise business requirements of the system. The user because they are the one who will be using the system regularly. The IT department should be also present because they can get recommendation on system requirements. The process of gathering information may include a series of meeting. During the meeting the project manager should discuss common systems needed, resolve conflicting requirements, prioritize goals, and identify
At first should the terminology be defined. A project is "a unique set of coordinated activities, with a definite start and finishing point, undertaken by an individual or organisation to meet specific objectives within defined, scheduled costs and performance parameters" (BS 6079-1,200:2, Material of Sunderland 2005, page 5). The individual who undertakes the organisa-tion is usually the project manager. This person plays a special role and is supported by his team.
The Project Manager will be responsible for managing and reporting on the project’s cost throughout the duration of the project. During the monthly project status meeting, the Project Manager will meet with management to present and review the project’s cost performance for the preceding month. Performance will be measured using earned value. The Project Manager is responsible for accounting for cost deviations and presenting the Project Sponsor with options for getting the project back on budget. The Project Sponsor has the authority to make changes to the projec...
Project management and scheduling is a very important for business today. In order to run a successful business it is important to be able to strategically plan and anticipate your future needs and cost. As a good manager, you should look at the cost of your material for products; these will include labor, material and your support services. (Schroeder, 2008) All projects go through three phases: planning, scheduling, and control.
The objective of conducting the analysis for this section is to determine the strategy can be adopted to complete project on time that identified from the literature review and the ranking according to their significant influence towards efficiency of strategy. Based on the eight challenges that identify, the observations of nine strategies have been proposed to ensure project complete on time.
It seems that people time and again have the wrong impression of what a project manager does. It is not about being able to create a compound plan to hang on the wall. It is not about setting up conference after conference. This is about understanding a big business objective, understanding the technology involved, being able to communicate at an assortment of levels, being able to encourage and direct people, being able to handle the constant worry and troubles, and being structured enough to make certain the whole thing that needs to get completed, gets completed. What this comes down to is a project manager should be able to meet or exceed all of the stakeholder's expectations. The project manager also must be able to get others to work with limited authority throughout the duration. "Doing most of the work yourself is a poor long-term development strategy and will never solve the problem." (Lombardo & Eichinger)
“Our plans miscarry because they have no aim. When a man does not know what harbor he is making for, no wind is the right wind” a famous quote about our goal by Seneca. It is a metaphor about the achievement goal and objectives by good planning skills. One has to plan for what one wants to achieve and where one wants to go. One of the most important things is to have good planning, before taking any project the first think you should do is to create project plan. Planning can be defined as preparing a sequence of action to achieve specific goals and objectives. According to Kerzner (2009), “project planning is desirable that the project manager is involved from project conception through execution. It must be systematic, flexible to handle, closely disciplined through reviews and control and capable of accepting multi functional inputs (pg. 412)”. The importance of planning a project is to describe the work so that it will be easily identifiable to the project team member.
Project management is said to be completed within time when it completed within the “triple constraints”: cost, time and quality. And in a lot of causes, one them is sacrificed so as to meet the other two. Project managers prioritize which ones are the most important.
I have to monitored ongoing project overall progress. If its perfoance comes out to be low I have to check it where the project is lacking in performance. That’s makes a successful project manager if he completed his project on time. As I am son of a businessman, I will try to maximize the outcomes at the end by hook and crook which will ultimately results in company benefits and makes me good project manager. Besides all this, I will have an eye on project performance from its initiation to completion. If I found any problem in project or delay in project, I can change methodology in order to complete the project on time. Becasue in all letertures there is common requirement that the project should complete on time. In an ongoing project, I will track the progress of the project and if I found it slower then I will change technique to accerlerate the process. I will manage the cost and quality to the best. For cost purpose, the estimation that is given by quantitative surveyor will be strictly implement on the project in order to complete the project under the budget not over budget.. For quality, I will assure that only quality products should be delivered for the project so that at the
Communication is a crucial part of project management. Project managers should be able to communicate clearly, simply, effectively and frequently. As good communication skills are vital in comprehending what is expected by clients and help to convey that goal to the project team. Also it helps to receive essential information from the project team and take the corrective steps when in process.
project management is to complete the tasks involved in the project faster and with strategies in
Project success depends on selecting the right person as a project manager. Management means getting things done through the active support of other people. It would be difficult to find a better statement which more accurately describes the project manager's job. Unlike the functional manager who has power through position in the hierarchy and direct authority over people, the project manager usually has only position power which usually comes from endorsement of the role by top management. However,...
PMBOK guide defines TM as the “Use of available time and your own productivity along with the appropriate planning and management of the project schedule” highlighting the link between Time Management and productivity and its closely knit relationship to scope and cost areas. Max Wideman presents a wider definition for TM as the “function required to maintain appropriate allocation of time to the overall conduct of the project through the successive stages of its natural life-cycle, by means of the processes of time planning, time estimating, time scheduling, and schedule control.” Ultimately at it’s core however, TM is about time, its planning and control during all stages of the project. A further look into Wideman’s definition of TM by means of identifying its importance throughout the entire project life-cycle (Initiation, planning, execution, controlling and close-out) is required. It is hoped that by analysing how TM tools and techniques can positively and negatively effect the different stages of the Project life cycle a better understanding of productivity, TM and project success will result.
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
Project planning falls in the Planning Process Group which consists of those processes to establish the projects total scope, define the projects objectives, and courses of action to achieve those objectives. During the planning process, all the documents that are needed to carry the project through the project lifecycle will be developed such as the project management plan. Project management requires repeated feedback loops as additional information becomes available and is better understood. The planning process delineates the strategy, tactics, and path to successfully complete the project. With that, the planning of a project must walk through all the those processes from executing, monitoring and controlling through the closing process.
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.