Managing any outdoor event is never being done by McDonalds. The project with the Empire College will provide the opportunity to open a new market for the McDonalds. Technical Aspect: the technical measures should be taken to make the project successful. Major challenge is set the goals and objectives for the satisfaction of the customers. Project management, planning and implementation cycle: Planning and implementation of the project is essential for the success of the project.
3. Time Management : This is one of the most important aspects of project management. The project is always constrained by time and failure to achieve the target within the given time results in added cost. Hence, a detailed schedule needs to be made for every team and timely checks must be carried out to make sure the schedule is followed. 4.
To achieve the success of project, the project managers need to familiarise different leadership competencies in different situation and type of project. In the project planning phase, the project manager need to lead the team and stakeholder through tweaked venture project in order to understand the need of the project. The project manager also play an important role in change management. A project manager with good leadership able to handle the change of the project and solve it effectively (Radhika, 2012). In the nutshell, a leadership project manager able to lead the project into the successful
The main purpose of project risk management is to obtain better project outcomes by reducing risks and capturing opportunities and thus leading to project success. It is unlikely that a project will be successful without effective project risk management. Voetsch et al. (2004) showed the statistical relationship between project risk management processes and project success. Artto et al.
The first and foremost thing that has to be identified is the roles and the responsibilities of the Project and according to that the necessary management plan could be designed. Communication Management Communication is the way in which the opinions and the ideas of each of the individuals are expressed in one way. Communicating with each of the others mainly help in collecting ideas based on each of the factors that are being considered in the development of the project. For an instance, there are constant changes that take place based on each of the areas when a particular project is being developed. So in order to inform these changes, it is necessary to keep the stakeholders informed or the particular individual concerned based on the changes that are
It is within this stage of project development where projects solutions based on the challenges that the project has to address is developed in details. The project management team responsible for the planning of the project, has to come up with various strategies that defines steps in which objectives of the project development would be achieve. The other important requirement of the project development team at this stage is the planning of the project development process. Based on the available information from the feasibility team, the project planning team is required to study the information so as to determine resources that are required by the project from its start to completion and the process of acquiring them. As such, the team will also look at the funds allocation for the
But, there additional for one of the writer write the principles of the project management which are project goal, project timeline and order and project milestones. These principles of the project management already use long time ago. Nowadays, it is still use this principles as a guidelines for do the projects. Conclusion As the conclusion, the project management is the application of knowledge for the project manager to achieve the objective of the project. In this paper, there are a lot of sources that give a different principle in term of, whether in Information Technology Project Management or Project Management only.
Therefore, the role of project managers is important because they are persons who are responsible for the success of project (Sunindijo, Hadikusumo & Ogunlana, 2007). People may see project manager’s characters not really important in overall project progress but it may decide the result of the end performance in that project. The roles of project managers are necessary for organizational success as they allocate and distribute the resources required for a project, look overall process and take responsibility in leading to successful project (Afndy, 2013). Therefore, in developing a good project manager, there are important steps either to know what he or she can do, what skills can he or she performed and their career path in order to cope any problem and accomplish the aim of the project (El-Sabaa,
These include clearly defined objectives, a competent project manager and team, top management support, sufficient resource allocation, adequate communication channels, well-established control mechanisms, excellent feedback capabilities and responsiveness to clients. An analysis of these factors shows that project managerial efficiency is vital for the successful execution of a project. For the project management to be efficient, it is crucial for the project manager to establish that these factors are either strategic or tactical. Subsequently, find a middle point that empowers him/her to be both an ingenious strategist and an adept tactician. The strategic factors; clearly defined objectives and executive management support drive and shape the tactical factors; client consultation, sufficient resource allotment, sufficient
Importance of Project Management for Organizations Industry experts and peers have recognized that strong project management is among the most important pillars for success of an organization. However, for relying so much on project management, it is necessary that organizations do have a clearly defined project management framework and a demarcated team of skilled and responsible members. One of the major problems that project managers often face in carrying out perfect project management plans is what we call the “Triple Constraint”. This is where the project managers have to deal with the Cost, Time and Scope requirements of the project. Triple constraint is essentially important coz compromising on any of these three could land the project into trouble, which would not only impact the success of the project, but also