Project management is an industry that is growing, and the demand for individuals that have this type of knowledge is high. I encounter business individuals on a daily basis and they always tell me that having project management knowledge or having a certification for it, will help me in the work force. I ‘m glad I took this class, because the material is helpful, and when we graduate, we will be ready to enter the work force.
I have learned the ten knowledge areas, and five process groups, all which are essential for the project manager. For the project manager to be successful, he or she needs to organize and plan ahead. In this field there are unforeseen things, and a project manager needs to know how to deal when the unforeseen happens.
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A budget is a major responsibility because, it cannot surpass the maximum limit, and sometimes projects need a lot of financial assistance. This is one of the reasons that project managers are in such demand, because few individuals are able to control, and manage the budget. The project manager needs to save as much as he can, and utilize what he has, to the best of his ability. Time, like I mentioned before, is real important, and time is something you cannot have back. Time, like budgeting, is a major responsibility, few individuals are able to manage the time they have been given to finish a project. This is another reason why project managers are in high demand, time can be calculable, but it is not something you can guarantee. Project managers are always facing the challenge of doing a good job, and doing a good job usually means taking your time. If not, then the project manager is stuck with not completing or not giving enough time to the project. The project manager that does an excellent job, is the one able to manage time and finish the project during the time given. Quality is the final outcome of the project, and time, cost, and scope management have a lot to do with quality management. In order to have a good quality project there needs to be a good amount of time, a satisfactory budget, and enough scope
For more than 25 years, The Little Black Book of Project Management has been introducing project managers to the incredibly effective and logical project management skill and methods to help them achieve their goal. This book has been flooded with very nee project management techniques as well as the latest standards of the Project management body of Knowledge (PMBOK) .accepted by PMI (Project Management Institute).
Project Management Institute, 2008. A Guide to the Project Management Body of Knowledge. 4th ed. Newton Square, Pa.
From this study conducted, the knowledge, skills and abilities that I need as project manager is very well explained and can help me to focus and achieve success on my career path. No generalization can be assumed from the results of this study simply because the requirements and demands for recruitment vary between countries and industries.
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.
Gray, C., Larson, E. (2008). Project Management: The managerial Process. New York, NY: The McGraw-Hill Companies Inc.
Project managers must possess the ability to use sound judgment based on the facts available to them, past experiences, and knowledge of current events to make effective decisions. Often, the success of project managers is based upon the outcomes of the decisions they did or did not make. As such, conducting performance assessments, during project implementation and after project completion, enables project managers and project stakeholders to accurately evaluate the success of the project. Projects are innately complex and multifaceted; therefore, project successes are difficult to measure and ascertain. “Based on an extensive review of the project success literature … a clear definition of project success does not exist and there is a need to develop meaningful and measurable constructs of project success” (Mir & Pinnington, 2014, p. 203).
In today's business it is in the best interest of companies to have project managers. Common sense isn't always easily accomplished. Anyone who's ever worked on a project in a technical setting knows this. Indeed, much of working with others consists of solving unexpected problems and learning from mistakes along the way. Knowing this and having the proper tools a project manager will be able to manage and complete the most intense project out there.
“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.
A project manager should be aware of the key challenges and threats an organization would face as well as he/she should have the skills to tackle the crises effectively and efficiently. In addition to that, a project manager should also be able to convey the thoughts and ideas in a convenient manner who is responsible to make a framework for an effective communication to ensure clear communication between the team members even though the style of communication would be different based on the situation.
Project management is a discipline based on careful planning, organization, motivation and control of resources to achieve specific goals and meet specific success criteria. Since every project is unique in nature, a project manager must learn to adapt and identify key areas to drive success. Thus, as a learning initiative, we were given a project to manage through a simulation program named Sim4Project. The emphasis of this simulation was on learning-by-doing, just like in a real-life project. Sim4Project provided a good mix of theoretical knowledge as well as hands-on experience. Professor Leonie gave feedbacks at the end of each period to ensure we were incorporating the project management principles learned in the classroom.
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
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 managers have a number of responsibilities. The project requirements need to be specified and the number of resources needed need to be decided upon and then ordered. The project goals and the resources used also need to be agreed upon with bosses of the project manager. A final plan needs to be decided upon before going forward with the project. The project manager must lead and motivate the team and ensure relations between team members are good. The team must be informed of all of aims and the processes required. The project manager must manage the progress of the project and ensure costs are kept within budget. The bosses and other people with a stake must be regularly informed of progress.
To help me with my career goal of working in a project management position, I have already taken steps to boost my project management skills through self-study. I regularly read books on the subject of project management, and also like to read about the development of important projects in the news. During the course of working in project management roles in the past I attended short workshops and training courses to help me in my role. At present I am also studying towards the examination to obtain the Project Management Institute’s Project Management Professional
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.