He/She will be responsible to review the plan from beginning to ending and analyse how and what the change can influence the original plan. Aspects of cost, benefits, timeliness, resources, influence on other new or existing projects, normal operation and risk have to be taken into account. In project management, changes in projects can cause substantial adjustment to the contract duration time, total direct and indirect cost, or both (Tiong 1990; Ibbs 1997; Ibbs et al. 1998). Common project planning tools such as risk analysis can be used to reduce the destructive consequences of change, because they give insights and predictions to identify possible conflicts (Mallak et al.
Planning defines a course of action by laying out what should be done, when it should be done and who needs to do it. Planning for implementation needs to address the issues below: 1.1 Organization structure: According to S. Pretorius, the organization structure and role of leadership is prominent in implementation of project management. A project requires different kinds of management structure based on the project requirement to efficiently plan and control the progress · Functional approach is vertical leadership structure where a coordinator instructs, oversees and controls the people in a functional department which is ideal for small projects. The decisions are made by the leader on top and the people reporting to him are expected to follow them. · Divisional approach is a horizontal structure where team members are nominated by top leader to oversee the project and they influence decision making by working closely with the project manager.
However, although there may be a project team and the outcome of the project may seem easy, there is still difficulties that a project manager may have to face. Some difficulties that a project manager may face include not having enough money to be able to execute the project the way it needs to be executed, there could be an incident that happens where the project then needs to be killed, the project is taking longer than expected, or the initial plan for the plan isn’t working out so a new plan is made. All of these things are real possibilities that can happen and this can add stress onto the project manager, the team, and the company. However, at the end of a project, it comes time to reflect on what worked, what didn’t work, and what the team and project manager enjoyed the most. When Mrs. Baker came to talk, she mentioned that when she is working on a big project, she dislikes asking for
This is evident by the project form emerging status as the de-facto “normal form of work for individuals” . The project form is not, however, the only form of industrial organization. A better understanding of the project form can only be achieved through understanding the other forms of industrial organization, hence capturing the essence of what the project form really is, and what distinguishes it from the rest. A well-known and well-used way of organizing work in industrial facilities and enterprises is departmentalization or structure paradigm; which is, in a nutshell, the practice of “grouping activities into departments”. • Functional departmentalization (Functional Structure): function-based grouping- resulting in functional departments- groups activities by functions performed.
The very process of identifying project risks forces some discipline at all levels of project management and improves project performance (Erik W. Larson). Project risk has its origins in the uncertainty present in all projects. Known risks are those that have been identified and analyzing, making it possible to plan
D.2.1 - Project management The first phase of project management is to develop the project plan. In particular, the project is organized in a set of work packages and each workpackage is divided into a set of detailed tasks. The relationships between the tasks have been determined carefully based on several discussions and meetings with the project partners. We have further surveyed several similar projects that attempted to develop postgraduate programs in other fields of study while developing the plans for this project. The expected duration of each task has also been estimated in order to estimate the total completion time of the project percisely.
However, resource allocation depends on a list of criteria for how to allocate limited resources within a specific period (Mostafa, 1996). The planning of construction projects is often of little detail resulting in high coordination effort, low productivity rates and delays in overall progress (Horenburg T, Wimmer J, & Günthner W, 2012). Anyway, the project activities are subject to a large improbability which can lead to schedule disruptions. When the correct amount of planning effort is invested, the project operation time is optimized, and there is a high probability that the project will achieve its future objectives in construction
Cost risk analysis in construction projects N.Hari Raghavan, M.TECH; C.Venkatasubramanian, Ph.D. Abstract Cost, time, risks and availability of funds are the key factors in any construction project. Project managers are prone to face various risk factors that affect project cost and time duration of the project. This paper concentrates on the effect of risks on the overall cost of the construction projects. Questionnaire was prepared considering various risk factors that are associated with construction process. Risk factors were identified by conducting in person interviews with project managers and technical experts.
Next, the relationships between activities are identified. By scheduling the activities and their relevant relationships to each other, development of an achievable project becomes attainable through the use of management software or manual techniques. Following this, estimations of the activity resources needs to be carried out. What type of recourses will be required, how long will they be required for and at what point will each resource be available to perform their relevant tasks. The fourth major process is that of duration; estimating how long each activity will take.
Project management is the collection of skills, tools and system design whereby you apply the knowledge, method and techniques to the project activities to meet specific success criteria. Initiation of the project includes defining the nature and the scope of the project and planning around in terms of resources, budget and time once the project plan has been laid down the project can start, it is the project managers responsibility to monitor and control the project. Before initiating any project, one needs to understand the nature and uniqueness of the project, thus to understand the scope of work, project managers need to be knowledgeable in different aspects of the project thus to know how different activities are carried out because managing