Annotated Bibliography On Project Management

Success varies between projects because they differ in size, complexity, and uniqueness and therefore the criteria used to measure success will vary as well. Individuals and stakeholders may interpret project success in various ways and the industry itself lends further variation on viewpoints about performance (Davis, 2017). The opinions of success, and how important success dimensions are, vary ‘by individual personality, nationality, project type, and contract type’ (Mir & Pinnington, 2015). To accommodate for various projects a high level success framework includes project efficiency, customer impact, team impression, business requirement accomplishment, and planning for the future (Mir & Pinnington, 2015).

This is a reliable source and valid source as it help me to expand my knowledge of what a stakeholder is by providing with examples of stakeholders, which improve my general knowledge.

Make sure we have the evidence to show how and why the existing project was successful. This evidence could be measured results from documented research or formal evaluations. It could even be a proven result from a see-project. For instance, what we (Acorn 2Oak) has done before.

In a competitive world market, businesses must have a thorough understanding of the processes and systems used within the company in order to determine whose interests need to be taken into account when implementing policies and/or programs. This stakeholder analysis is integral to growth and development. For large corporations which have multiple divisions and companies within their corporate structure it is essential to look at all aspects of the business model to identify stakeholders. Establishing the given responsibilities of the various divisions and the direct role they play in the economic success of the firm must also be considered. Many of the largest and most lucrative corporations in the world are those related to supporting military

For the change to be effectively managed, there are five essential pillars that the change manager has to consider. The first, and most important, is communication since by nature; people have a yearning for information (Adams and Bourrage, 2014). Communication is the mechanism that can be used to engage people in change. It is through communication that a change manager or the project implementation manager gets informed about the exposure of stakeholders in the organisation to change. It is the responsibility of the management to ensure that the employees are well informed of the changes and adapting well to the effect of changes without obstacles (Ford et al, 2008). Paton and McCalman (2008) affirm that

Ensure that the current production activities are not hampered, while the project activities are carried out.

The application of information, expertise, tools, and procedures to project activities to meet the project requirements is known as project management (PMBOK 2008). Alternatively, project management is the process in which projects are well-defined, planned, supervised, organized and conveyed such that the agreed features and requirements are fulfilled (APM BOK 2006).

The Project Management Institute defines project management as “the art of directing and coordinating human and material resources through the life of a project by using modern management techniques to achieve pre-determined goals of scope, cost, time, quality and participant satisfaction” (Smith 2002).

Conventional project philosophies are respected as the wellspring of custom in project administration and have been being used for quite a while; their accomplishment in specific businesses is highlighted by different researchers (Whitty &Maylor, 2009). In any case, for complex projects, particularly information technology and programming ones, customary techniques can be generally incapable as prerequisites are immaterial and unpredictable. agile project management has risen with its profoundly iterative and incremental procedure, where project group and partners effectively work together to get it the space, recognize what should be manufactured, and organize

Business of the organization is affected by many factors. There are some internal and external factors influencing the business. There are many internal and external factors affecting the business environment. Internal factors are related to the SWOT analysis whereas the PESTLE analysis is used to measure the external factors affecting the business. These factors includes

The Stakeholder Salience Theory, created by Mitchell, Agle and Wood, are based upon the combination of the three relationship attributes to generate general types of stakeholders. These attributes include: Power; Legitimacy; Urgency. “Stakeholder salience” is defined as the degree to which managers give priority to competing stakeholder claims. Therefore if a stakeholder consist of all three attributes, he/she/it will be of most importance and will have more rights and privileges than a stakeholder that consists of only one of the three attributes. As seen in the picture on the right, you can differentiate between the different types of stakeholders, according to where they get placed given the attributes they consist of.

What role do the Stakeholder Management processes play in determining stakeholder communication needs and developing an effective communication strategy?

Successful companies such as Diageo affect more and more people as their success grows. The more people they affect leads to a bigger impact that their actions have especially over people that have influence over their projects such as their customers and suppliers (Mindtools, 2015). Stakeholder Analysis’ are used to ensure that all the key stakeholders are happy and supportive in order to help you succeed (Mindtools, 2015).

Time is the most crucial factor when taking any project or an activity considered. There are certain activities that have to be done according to a specific time period. Which means that each of the activities are allocated a certain time duration in which the task or the particular activity has to be completed. Since, this factor is one of the most important ones, without proper management of time based on each of the activities, the whole project management team along with the activities of the project will be a standstill. One of the best ways to avoid this is proper scheduling. This method mainly helps in scheduling each of the tasks related to each of the activities where a specific duration can be allocated as

Projects and its tasks were organized by deadline date, from the shortest deadline to the longest deadline. All projects have equal priority once all of them worth a big part of my grades. As shown in the Figure 1, there is a lack of dates from 20th July to 29th July. The reason for this is the need and focus on learning the language which will be used in almost all projects: Ruby on Rails.