Therefore a positive and effective PM system has positive outcomes to the organisation. Alsoton & Barbara (2008) mentions that such outcomes include satisfied and productive employees, increases profit and makes the organisation competitive in the market. Prerequisites being in place, the mission of the organisation, its goals and job in question being clear and concrete, gives employees knowledge and overview about the organisation (Aguinis 2012). Having good information about the job helps in performance planning where certain criteria can be established for job success (Mclaughlin, 2007). At the beginning of the planning process, both manager and employee meet to enable congruency in what needs to be accomplished and the reason for it to be accomplished.
Mahmoodzadeh, E., Jalalinia, S. & Nekui Yazdi, F. (2009), A business process outsourcing framework based on business process management and knowledge management, Business Process Management Journal, Vol. 15, No. 6, p. 846-864 Ghodeswar, B. & Vaidyanathan, J. (2008), Business process outsourcing: an approach to gain access to world-class capabilities, Business Process Management Journal, Vol.
Creating link will give the business a competitive advantage such as increased market share, low cost, high value of customer satisfaction, attracting new customers, superior service, etc. So it is important for every organization to align project management w
How Top-Down and Bottom-Up Strategy Processes Are Combined in Manufacturing Organizations.  Lane, R. and Lillis, B., 2007. Auditing the Strategic Role of Operations. International Journal of Management Reviews. Blackwell Publishing Ltd. Vol.9 (3), pp.
Agile Project management is one of the industries dominating methodology for project management in IT. It is an incremental and iterative way to manage the build and design activities for constructing an IT product, services, and project development in manner which is highly interactive and flexible. In this methodology, scope is defined in granularity that is appropriate with time horizon and checked with the agreement on each feature with the customer. In this methodology work steps are divided with feature breakdown structures. In order to track the progress of the project progress charts are used instead of Gantt charts.
Much current research has focused on the implementation of IT infrastructures in creating an effective knowledge management. The result of an effective knowledge management system means that the employees within an enterprise are able to access and apply knowledge to improve overall business performance. Effective knowledge management is depending not only on the use of particular technologies but also on creating an environment which encourages and supports the sharing of knowledge and expertise directly between people. The major benefit of knowledge of knowledge management is that information is easily shared between staff member and that knowledge is not lost if someone goes on vacation, get sick or leave the company. This can result in substantial savings to an organization’s bottom line.
Yeung, A. L., Lai, K., & Yee, R. Y. (2007). Organizational learning, innovativeness, and organizational performance: a qualitative investigation. International Journal of Production Research, 45(11), 2459-2477. doi:10.1080/00207540601020460
Effective planning- A well conducted plan will be effective on meeting the organisational goals. 3. Inspiration and motivation- Provides inspiration and motivation for people to perform optimally. 4. New ideas- Employees can openly contribute and discuss new ideas in a positive environment.
The problem with supply chain management is that it often becomes too complex to thoroughly manage that one disruption can lead to multiple problems within a supply chain. These complexities reduce the control that functions have over their operations, which becomes problematic when managing supply chains. Recent studies have been working towards trying to find underlying solutions that can prevent disruptions. The concept of risk management becomes complicated when trying to map out solutions for organizations because no organization is alike, so there cannot be one possible solution. Similar ideas presented by Kleindorfer and Saad (2005), Chopra and Sodhi (2004), and Craighead, Blackhurst, Elkins, and Handfield (2005) illustrate the importance of risk management in supply chains.
Figure 3: Matrix model However, it is also accompanied by disadvantages. For example, having many managements to be accounted to (project and functional managers) whom might have conflicting views concerning the project. Furthermore, it is difficult to co-ordinate the schedules and manpower with such a complex project structure. The end result would typically be a slow decision-making process. (Harrison and St. John,