This website uses cookies to ensure you have the best experience. Learn more

Project Management Essay

1452 words - 6 pages

Project Management

Project Management is quickly becoming a field of study and importance in the business world. A search on the Internet of the title “Project Management” yields hundreds or results including forums, training manuals and job openings for related positions. Project Management is a broad term referencing the necessary steps taken by management to ensure a product is feasible before and during implementation. According to Project Management Learning Objectives, the steps to achieve success in this area include: testing and measuring products, evaluating and managing the product cycle, comparing costs and benefits, measuring product worth, economic analysis, product analysis, teambuilding and leadership, and budgeting and cost control (Project Management Outline). Project Managers oversee many different areas of the business and are responsible for project success.

Importance of Project Management

Since the concept of Project Management is broad, many different aspects of a business rely on successful Project Management. “Projects” can include product line development, attaining company goals, boosting employee morale, and product costing, to name a few. This area of business is important because it determines every minute detail required to get the product produced and to the consumer. There are several steps required to assure project success. These steps are briefly outlined in the following paragraphs.

Step 1: Determine project goals. It is important to define what the project is, as well as what the expected inputs and outputs are. According to Project Management Tutorial Online, in order for project goals to be accomplished, this must be a team oriented decision. “Give everyone the opportunity to contribute and :buy-in” to what is going to happen” (Project Management Tutorial Online). When everyone on the team is expected to contribute to the ideas and goals of the project, they gain a personal emotional attachment to the project outputs. The Guru Guide explains that

“The most productive organization is the one in which “there is the largest
Amount of voluntary action; people do the right things, things that optimize
Total effectiveness, at the right times-because they understand what ought to be
Done, they believe these are the right things to do, and they take the necessary
actions without being instructed” (Boyett, 37).

Research has proven that employees are more likely to work towards company goals when they [employees] believe in and support the goals. It is imperative that management and employees determine project goals to ensure that everyone is working toward the same goals and outputs. An implemented project with no employee backing will not be as successful because employees do not feel the project is their project, therefore, they do not see the outputs as representation of themselves. Since many projects require a large amount of time to complete, many times employees may...

Find Another Essay On Project Management

Project Management Essay

2385 words - 10 pages Introduction and SummaryA project is a collection of activities and tasks, designed to achieve a goal with a definite beginning and an end, keeping a track of cost and time (Hartley, 2009). And project management is the management of activities and tasks under a lot of complex conditions which is accompanied by certain levels of complexity and interdependencies (Robinson & Richards, 2009). For the success of a project, the project managers

Project Management Essay

1096 words - 5 pages Introduction Project management is a establish approach in which we manage and controlling the new ideas. After that on later stage we will give shape to these ideas within the specific time and budget. Project management is not a small task or job. It is a whole process of managing the thing into right ways. Project Management uses lots of tools to measure and check the completed task. On the base of that tools Project Management decide

project management

3651 words - 15 pages Untitled www.projectagency.co.uk Blank Project Management Templates Saving Time! Saving Money! Saving Stress! Please feel free to copy any of the attached documents. You can alter any of them to suit the needs of your specific project or organisation. If you want information about the services provided by Project Agency please call 0208 446 7766 or email events

Project Management

644 words - 3 pages identify trends that will be important in the future of project management. The PM will most likely belong to multiple organizations and subscribe to many industry publications. This he does for the sake of not only keeping current, but also seeing what the future may hold for his profession.One trend that is becoming ever more common is globalization. The PM need not be involved in a global project to be affected by other countries. As the world

project management

1769 words - 8 pages  3. Change 2: Additional Station The second change is to include an additional station at Madeley, to the west of Newcastle – under –Lyme, Staffordshire. 3.1 Project Management Theory 3.1.1 Theory (3-step model) Lewin’s 3-step model conceptualises change as a process with three phases, one, unfreezing, two, moving and three, refreezing. The first step for this project would be communicating with those affected by the change to begin a process

Project Management

1077 words - 4 pages 1. Introduction In nowadays society, the using of project management is more and more common today. The entrepreneurs are more likely to employ staffs who have learnt project management. So that learning the skill of project management is more useful and also important now. Larson and Erik (2011) mention that good project manager are trained or come from experience, not born. For this reason, in this essay it will discuss the fit between some

Project Management

2026 words - 8 pages undertaken may lead to a change in strategic direction.Many companies are now embracing a new method of management. This process uses projects to undertake strategic change. This new area has turned management thinking over where project management was considered the child of general management. Under new process the management of a company becomes the management of a stream of projects.Project OrganisationOrganisations can be defined as groups of

Project management

4947 words - 20 pages 1. IntroductionProject management has become an expected professional skill for managers and specialists in all disciplines. Driven by global competition and new technologies, the use of project management is expanding wherever organizations need to achieve performance objectives within scope, cost, and time constraints. As an old adage says: People don't plan to fail...they fail to plan.But there is a big difference between carrying out a very

PROJECT MANAGEMENT

4354 words - 17 pages Untitled Project management Define the Scope The first, and most important, step in any project is defining the scope of the project. What is it you are supposed to accomplish by managing this project? What is the project objective? Equally important is defining what is not included in the scope of your project. If you don't get enough definition from your boss, clarify the scope yourself and send it back upstairs for

project management

2341 words - 10 pages and significances to the High Speed Two Ltd and to the public are discussed.   2. Change 1: Variation of Route The first proposed change is regarding the route of the High Speed two, and is a variation to the originally planned route to take in more of Oxfordshire. 2.1 Project Management Theory 2.1.1 Change Management Theory Project Management provides a powerful infrastructure to the process of change, which enables companies to mobilize

Project Management

1686 words - 7 pages Project Management Although a development team does most of the work, it is the project manager that is running the development process. All human activity that involves carrying out a project needs a plan. We call this Project Management. But there is a big difference between projects that involve one or two people and projects that involve large numbers of people. There is always a smaller group of individuals behind all larger groups

Similar Essays

Project Management Essay 1172 Words

1172 words - 5 pages Organizational leaders are facing complex challenges through a rapid rate of change in both the technology and government, which has then created pressure in new and existing organizations. As a result, the traditional structure for managing is giving way to a new form of management known as project management. "Project management has become an expected professional skill for managers and specialists in all disciplines. Driven by global

Project Management Essay 1051 Words

1051 words - 5 pages couple of years have had to initiate programs and projects to help their organizations run, as organizations that have laid off employees have been forced to produce their normal output with less manpower. Businesses have experience this predicament understand the importance of project management, so this paper will give a brief explanation of what a project is, the phase of project life cycles and the importance of project management, and what

Project Management Essay 870 Words

870 words - 3 pages Project ManagementAnalysis and Design of Information SystemsRThis chapter provides a process-centric survey of key project management tools and techniques as they apply to system analysis and designs. First we must answer the question, what is project management? For any system development project, effective project management is necessary to ensure that the project meet the deadline, is developed within an acceptable budget, and fulfills

Project Management Essay 1165 Words

1165 words - 5 pages manpower necessary to produce the goods and sacrificing profitability. Executives have found that the best possible technique to resolve these issues is through project management. Before thoroughly understanding project management, it would be beneficial to understand just exactly what a project is and what it entails. The definition of a project is a task that has a specific desired outcome, with specific start and end dates. It is usually