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Why is project management important
What is the importance of project management
Why is project management important
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Unlike many traditional Embry-Riddle-Aeronautical University (ERAU) students, I began my college career having a vast amount of work experience. Many traditional students begin their college careers at the age of eighteen or nineteen, but I began college at the age of thirty four. The reason this is relevant is because when I started this class I had many preconceived notions about project management and project managers. After completing the class, I have dispelled many of these preconceived notions.
Some aspects of project management I thought would be more complex than they actually were. An example of this was simply the definition of project management. One of the first discussion board posts asked us what we thought the definition
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However, I have to reflect back to when I worked construction. I used to work for a grading company from 2000-2002, and the crew I was on was fast and efficient. Because of the efficiency of the crew, we were always shifting between job sites, especially when a project started to get behind on deliverables. Since the grade of the land is vital to building, if we got behind, the entire project would get behind. After this class, I now understand what the superintendent and owners were thinking. I’m almost certain that they had the slack, early start, late start, early finish, and late finish worked out. The penalties for our company, who was likely part of the critical path of the project, were probably severe since they couldn’t even begin to pour concrete until we were finished with our deliverables. Once a crew started to get close to the late finish, the owner likely called us to go in and finish the job quickly to get the project back on track. Of course this was frustrating for us since we might be in one city one day, and then in another city the next day, but because of this class, I now understand why it was a necessity. Since we never finished late, I can now see why they offered me more money when I gave them my two weeks-notice. I’m confident that any project manager would …show more content…
We then set priorities since some deliverables required information from previous deliverables. My assignment at this point was to construct a responsibility matrix. The way I approached this was to look at the task list that we would be using to complete the kitchen remodel, and I broke it down into categories. I used the planning stages, as well as the financial side of it, and then finally all of the different trade deliverables like electrical, plumbing, and painting (Gray, & Larson, 2014). Since Clayton was the homeowner in the scenario, the finance and planning was largely his responsibility being that it was going to be his money and his kitchen. Most of the trade activities were going to be accomplished by a contractor, so I listed the contractor as responsible while having a representative from the group as support to act as a liaison to the contractor. Having different members of the group dealing with separate contractors would alleviate confusion and avoided one member from having to deal with too many contractors. After we finished the deliverables required for the mid-term, we began work on finishing the rest of the project. For the second half of the project, my responsibilities were making the resource constrained schedule and the closeout checklist. I used the same task list that assisted me in making the
The purpose of this document is to compare and contrast three different Linux vendors in regards to their specific server and workstation OS products they offer in the workplace. In addition, I will discuss the price for each vendor, specifications, performance, and reliability. The three vendors I would like to discuss are Arch Linux, Red Hat Enterprise, and Ubuntu. Linux is an operating system that has several distros to choose from. Linux allows the user more control of the system and greater flexibility. As an open operating system, Linux is developed collaboratively, meaning no one company is solely responsible for its development or ongoing support. Companies participating in the Linux economy share research and development costs with
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.
Kezner, H. Project Management: A Systems Approach to Planning, Scheduling, and Controlling. 6th. New York: John Wiley and Sons, Inc, 1998. Print.
The projects in today’s world are given a lot of importance and it will continue to grow in the coming years. There are a lot of companies which do not have production, but all of them do have projects. There are a lot of books which have been published on which related to planning and managing the projects. The one of the most important one was published by the author Eli Goldratt in his book ‘Critical chain’. This book basically talks and shows how the application of theory of constraints in the field of project management. The novel is basically based on one of the MBA classes in America where a number of ideas are developed in discussions among the students and the lecturers. The lecturer is basically fighting for a tenure with the president of the university who expects a downturn in the executive MBA. The lecturer who teaches project management has a word with one the senior colleagues and project management was the right topic to teach. There were three students who were placed in the project management team of their company which manufactures electronic products. The students are enrolled in this MBA class along with other students, here they discover a new approach to project management which is known as the
Wideman, M., (1993). Project Management Case Study The Custom Woodworking Company - Woody 2000 Project. [ONLINE] Available at: http://www.maxwideman.com/papers/woody2000/intro.htm. [Last Accessed 24 April 2014].
Operation mangers should also have the same skills as functional manager but they are responsible in managing day to day operations and they should also possess the authority to hire and fire employees.
Often, the goals and visions of the projects are not clearly discussed. The project management team doesn’t understand the needs of the organization.
The topic of my group (group 4) was “How to totally float through your project for free” and the presentation was held by Roger Goodman who works for PMI NZ and Ernst & Young supply chain management with many years of working experience in many different countries such as Saudi Arabia and China.
Average hours and pay characterize these environments, but education continues apace. Few people leave the profession during these years; the hours already devoted in school make it easier to tolerate these few extra workplace indignities. And in about five years one will be leading research teams and turn into people managers as well as project managers. This is an unanticipated turn of events for some, as it removes them from the challenging, intellectually rarefied environment they enjoy and places them in a more administrative role. Most significant design and production work is done in these years.
There was a huge and a high pressure government project which had to be completed in a short span of time. It had several teams associated with different
Project managers have to improve their skills every day to deal with the organizational change and especially the world’s Megatrends. However, it can be a challenge for a project manager to comprehend what skills they should be improved, what sections of project management knowledge that should be tried to perceive, and how to measure and enhance their performance.
What I benefit from this course strategy management class is knowing. The strategic management is consisting of the analysis, decisions, and actions an organization undertakes to create and sustain competitive advantages. strategic management analyses. concern with overall objectives, involves multiple stakeholders, incorporates short and long term perspectives, recognizes tradeoffs between effectiveness and efficiency. The strategic management analysis, formulation, and implementation the challenge managers face of both aligning resources to take advantage of existing product markets as well as proactively exploring new opportunities.
Taking this class this semester has really changed the way that I have viewed myself when it has come to work and the different companies that I have worked before. I have taken a psychology class before but I have never taken one that relates to management and organizations. This class has really helped me answer different questions such as why I was unhappy at some jobs, enjoyed some managers over others, and what motivated me to work hard at jobs. It’s good to learn that there are different terms and definitions for different feeling and things I experienced at jobs to know that their other people experiencing these things also. I will be going into a management position after I graduate, and this class helped me to learn many different ways to go about managing and things to avoid to keep a positive working environment.
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.