Project Management
Southern New Hampshire University | Week 1 Written Assignment | In Partial fulfillment for MS Operations and Project Management | 1-14-2012 |
Name and briefly describe the primary goals of a project?
According to Figure 1-1 of our text book, the three primary goals of a project are: 1) Performance: One has to ask themselves during a project if you have met the objectives of the project. Performance can be measured by evaluating the processes such as scope verification, quality planning, quality assurance, and quality control. The initial performance goals should be outlined in the initial Scope of Work. 2) Time: All projects will have a deadline, whether it is tied to an event (e.g. Olympics) or an arbitrary deadline set by the stakeholders. Whether it is arbitrary or related to a significant event, completing the project within the deadline is always the objective. 3) Cost: It is important to remain within the budgeted amount for a project. A Project Manager must not over extend themselves on the resources available.
Along with the primary goals of a project our text states a Project Manager has ancillary goals which “include improving the organizations project management competency and methods, increasing individual’s managerial experience through project management, gaining a foothold in a new market and similar goals.”(Meredith and Mantel, 2012)
Meredith, J. & Mantel, S. (2012). Project Management: A managerial approach. Hoboken, NJ: John Wiley and Sons. Discuss the advantages, disadvantages and limitations of project management.
Project Management has many advantages for an organization. Along with the tools that project management provides, it can improve” an organization’s ability to plan, execute, and control the performance of activities and the utilization of resources when doing non-routine work.” (Meredith and Mantel, 2012) At the same time a company can “experience better control and better customer relations” (Meredith and
Name and briefly describe the primary goals of a project?
According to Figure 1-1 of our text book, the three primary goals of a project are: 1) Performance: One has to ask themselves during a project if you have met the objectives of the project. Performance can be measured by evaluating the processes such as scope verification, quality planning, quality assurance, and quality control. The initial performance goals should be outlined in the initial Scope of Work. 2) Time: All projects will have a deadline, whether it is tied to an event (e.g. Olympics) or an arbitrary deadline set by the stakeholders. Whether it is arbitrary or related to a significant event, completing the project within the deadline is always the objective. 3) Cost: It is important to remain within the budgeted amount for a project. A Project Manager must not over extend themselves on the resources available.
Along with the primary goals of a project our text states a Project Manager has ancillary goals which “include improving the organizations project management competency and methods, increasing individual’s managerial experience through project management, gaining a foothold in a new market and similar goals.”(Meredith and Mantel, 2012)
Meredith, J. & Mantel, S. (2012). Project Management: A managerial approach. Hoboken, NJ: John Wiley and Sons. Discuss the advantages, disadvantages and limitations of project management.
Project Management has many advantages for an organization. Along with the tools that project management provides, it can improve” an organization’s ability to plan, execute, and control the performance of activities and the utilization of resources when doing non-routine work.” (Meredith and Mantel, 2012) At the same time a company can “experience better control and better customer relations” (Meredith and