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Research proposal on Project management
Research proposal on Project management
Factors affecting project outcomes
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Infamous Failures, Classic Mistakes, and Best Practices
By Zain Khan
MIS 4330
04/24/2014
Professor Dawn Owens
I have loved Project Management since I learned about it from my dad in high school. I would like to work for companies in Project Management roles, but it would not be my first preference. A lot of what is stated in Dr. Nelson’s paper really made sense to me. Project Managers continue to make mistakes, not learning from past failures, or the mistakes of others, because they do not educate the best practices for Project Management. It is necessary for a Project Manager to think about what worked and what didn’t, and what to change and what to keep the same.
What shocked me the most was reading about all the crazy failures and because of that millions and billions of dollars were wasted on it. Most of those companies are the Fortune 500, the best of the best. People would expect that a company with so much money and expertise would be successful, but as we can see, it only takes one mistake to bring down an empire (BOA example). What is more shocking is that the...
Though the project manager may not have the authority as functional managers, his or her leadership skills should be sharp. Part of a project manager’s responsibility includes project governance which includes decision-making (PMBOK, 2014, p.34). In his article, “Everything goes through me-The Project Manager’s Words to Live By”, author Bill Dow shared how the “everything goes through me” confidence displayed by the pharmacist at a local pharmacy could be beneficial for project managers (2013). Dow believed if project managers “possessed that same kind of confidence and showed those same leadership skills, the project management industry as a whole could be much more efficient…” (2014). Moreover, Dow identified similar characteristics as shared in Beach’s article. Jumping to the wrong conclusion or making impulsive decisions can have a negative impact on the project team as well as project success. In jumping to conclusions, we interpret reality and facts, based upon our beliefs or existing assumptions without obtaining sufficient information to draw conclusions. We then take actions which seem right because they are based upon our beliefs. This is also referred to as delusional reasoning (Manktelow et al.,
The general public in today’s society only see’s the outside appearance of the world’s big companies instead of looking at the inner exterior of all corporations. For example Enron a United States exchange Corporation collapses in 2001. The energy exchange company went into bankruptcy after being established since 1999, the company’s executive selected an accountant that in the end dishonestly inflated Enron’s profits. Many leaders inside on Enron’s corporation were stealing large amounts of money over a period of time. This dilemma was seen as a bad performance of an unstable business corporation.
Carol S. Dweck, a social psychologist and a writer, explores that people who gain benefits from learning from their mistakes are more likely to develop to maturity. A mistake is a step toward success and if one makes changes and prevents his errors from happening he is a step closer to his success and able to grow up to his mature self. Agreeing with Dweck, by learning from mistakes people are taught through experiences and it helps to deeply imbed the knowledge into them. Therefore, People begin to aware their faults and start off to change themselves into mature person to be able to fit in the adult society. Adulthood is the experience every living person has to encounter. Growing up to maturity means having
In When Success Leads to Failure, Jessica Lahey is faced with a tough situation involving a student, whose love for learning is fading, and a parent who does not seem to understand why. Lahey establishes that parents are starting to teach children to fear failure, and the fear is what is destroying their love for learning (Lahey). I support Lahey’s proposition that kids are beginning to hate learning because children are taught that failure is not an option. In today’s society, many teachers and especially parents push children to only strive for success and to fear failure, which results in many children’s growing hatred for learning.
Abstract: Title: Choosing a Career as a Project Manager. This research will summarize what a Project Manager is, and the steps explained, to complete a project, if the career that is chosen is to be a successful Project Manager. The research touches on the many qualities, and skills a person needs to learn, and possess to become a Project Manager. This report will not cover the total execution of the project.
Jugdev, K. (2012). Learning from Lessons Learned: Project Management Research Program. American Journal of Economics and Business Administration , 4(1), 13-22.
Gray, C., Larson, E. (2008). Project Management: The managerial Process. New York, NY: The McGraw-Hill Companies Inc.
Thomas, C.W. (April, 2002). The rise and fall of enron. When a company looks too good to be true, it usually is. Journal of Accountancy, Retrieved June 15, 2011, from http://www.journalofaccountancy.com/Issues/2002/Apr/TheRiseAndFallOfEnron.htm
“When a company called Enron… ascends to the number seven spot on the Fortune 500 and then collapses in weeks into a smoking ruin, its stock worth pennies, its CEO, a confidante of presidents, more or less evaporated, there must be lessons in there somewhere.” - Daniel Henninger.
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.
Failure is apart of life, it can make or break a person. When a person experiences a type of failure it is now up to them to see how they respond. They can choose the high road, and become a stronger person for it. Then they can choose the low road, the easy way out. The easy way out is never a good choice. It can lead only to destruction. The high road is the right choice to take when responding to failure. It will lead down a path of success. Jessica Lahey’s article, “When Success Leads to Failure” is an article that shows how kids are experiencing failure. Lahey says that, “these kids have a fear for failure, and that they have given up natural loves for learning. They are scared of not being successful”(Lahey). The truth is life is hard there will be failure. There is nothing in this world that comes easy to anyone.
Over the course of my professional life, I have become increasingly involved in project management roles. Doing so has made me aware of the many varied challenges that can face projects and the project managers who are charged with bringing them through to completion. The success or failure of projects, in whatever economic, political or social field, rests not just on the quality of the project’s goals, but also on the abilities of those involved in the project – and above all those who are managing it – to bring it to successful completion. To do this, project managers need to be equipped with a very wide range of skills, many of which are unrelated to the type of project itself. So, for example, a project manager of an engineering project must not only have engineering
Failure happens when something isn't successful. Failure is a thing that all people can learn from. Failures can be used as lessons so that the failure will not be repeated again. One of my greatest failures in life that I've experienced and learned from would be from the time of my first grade year. I didn’t take school seriously when I was in the first grade and made terrible grades. After this failure, it made change the outlook on school and I started trying. I learned that I need to take school serious or else I will do bad in school. This failure lead to success in school and I started making good grades which will help later on in life.
“The failure is the mother of success” this Chinese quote said that failure is not the end. Failure is where people learn from their mistake. People cannot be successful all the time. Indeed, there are many people who learned from their failures before being successful. Each failure that people had met is a helpful lesson and valuable experience to help them become a better person.
Project management creates a situation where the workers perform their duties and responsibilities in a structural and devoted manner. With much dedication and focus it is possible to use fewer workers to accomplish and execute a project. Allowing fewer workers to perform a project allows frees up possible persons to work other tasks. The increased efficiency of teams in their tasks is of a consequent meaning that the effectiveness of the organization as whole is increased as well (Larson, 2014). Doing this allows project management the ability to hold people accountable and this makes the workers much more efficient in their tasks than a slew of