Time Management 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.
There are many different types of contracts like firm-fixed price, time and materials (T&M), cost-reimbursable, and others. Different procurement items may also require different contract types. A well-defined product may be a firm-fixed price while a product which will require a research and development effort may be a T&M contract. All items and services to be procured for this project will be solicited under firm-fixed price contracts. The project team will work with the contracts and purchasing department to define the item types, quantities, services and required delivery dates.
The resources necessary for management are; human, physical and financial factors. Organizing therefore ensures that different roles and responsibilities are clearly outlined within the organization (Daft, 1997). Staffing Staffing is a management that involves the allocation of responsibilities and tasks to different employees within an organization. Tasks are allocated to individuals carefully after consideration of their abilities to complete them successfully (Daft, 1997). Directing Leading employees towards the achievement of set goals and objectives of a company is directing.
For project management, PRINCE2 is process based approach focused on providing easily saleable and tailored method for the management of projects of various types. In the PRINCE2 approach, the processes are defined with outputs and inputs along with the particular purposes and actions of the project. The processes that are included in the PRINCE2 approach are Directing Project: This phase runs throughout the project form its initiation phase until its closure. In this phase the project board monitors and manages the project via reports and control the project through a number of decisions. Starting Up: This is the first process also known as the pre-project process and is focused on ensuring that the pre-requisites of the project are ready.
The sequence of event is, Idea Analysis Design Development Test Final Product Once the project scope is defined, project manager will be assigning the teams together with a clearly defined goal and timeline. Different teams get different aspects or modules. Both waterfall and agile method are iteration. The difference between Waterfall and Agile is that in Agile, module evaluation is in present before it is passed along. In Waterfall method, project flow passes along and along and expect for good outcome.
The aim of stakeholder management is to identify the stakeholders in a project and ensure that they are aware of the change, and the benefits of the change (Baca, 2010). He also states that stakeholders in a project include project managers, project sponsors, team members and the change control board. It is critical that the stakeholders are aware of this throughout the change process. According to Legris and Collerette (2006), the change manager should seek to build a partnership with the stakeholder and be committed to it. In the case given, stakeholder from all these departments should have come together at the beginning of the project so that the needs and expectations of the people in these departments would be identified and any conflicts arising would be resolved.
The project manager must attend all CCB meetings and provide information regarding project as of date. The project manager will document results and update relevant project plans and documents and devise strategy for implementation of approved changes. In case a change does not impact any base line, the Project Manager has the authority to make decision on proposed changes. 3. EMIS team/ Stake holders: initiate and submit request as per the guidelines in this change management plan on the standard change request form.
You will also be properly equipped to balance out the triple constraint when any adjustment has been made to one or more of its elements. By mastering the triple constraint, in many ways you master the project itself. 4.0 Discussion on execution of the three elements by Project Manager for the successful planning, resourcing and execution of a
The two main risk assessment tools mentioned above (Risk Assessment Matrix & Risk assessment Data Sheet) can be applied at all project levels; the whole project level, the sub-project level, and at the tasks level that are performed on a day-to-day basis. In the risk assessment process; risk assessment will be performed by a special team consists of technical staff, project managers, field staff, operating members, and selected customers and suppliers and other stakeholders in accordance with the project elements and their impact on the project completion rate (project baseline hierarchy). The project leader will select and assign a schedule through it he can lead his team members and document the results of the risk assessment session step
The methodology concentrates on what management activities should be undertaken and at which point in the project lifecycle they should be undertaken (PM Methodologies, n.d.). In most of the projects, the details of how these actions should be carried out are left to the experiences of the project manager and team. Key features of PRINCE2 are as