Preview

Project Management Paper

Good Essays
Open Document
Open Document
671 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Project Management Paper
In today's job market, project management is becoming a major practice in today's work force. In this paper, I will describe what a project is and its life cycle using examples of a project I am currently working on. Then, describe how this project assists our organizations to accomplish our company goals and the positive and negatives of the Oracle project at Diebold, Incorporated. Let's start by looking at what is a project.
A project is a complex, unique one-time effort that is limited by time, resources and performance specifications. It has characteristics that differ from a work done by the day to day operation of an organization. The first characteristic of a project is that it has a defined objective. A project I am involved is the conversion of our inventory management system from a Baan operating system to an Oracle system. The next characteristic is the beginning and an end date, the start date was March 2003 and being completed by October 2004. The third characteristic is developing a cross functional team with several different professionals. Our company hired an outside consulting firm and assigned different associates from different organizations to develop and implement the new system. The fourth characteristic is that it hasn't been done before. This project will for the first time bring all organizations with-in Diebold on the same system. Later, I will discuss the final characteristic which is the specific time, cost and scope requirements which serves as the measurement of performance. These are defined during the life cycle of a project.
The project life cycle has goes through the following four phases of defining, planning, executing and delivering. The defining stage is where the project objective is defined and the teams are established and major responsibilities are assigned. The objective in the project I am on is to convert our company to one system on a Global scale and the teams have been formed. We have completed this

You May Also Find These Documents Helpful

  • Powerful Essays

    Nature’s Peace Community has contracted us to provide project management for a playground and picnic area for the local neighborhood. The goal is to design and build a playground and picnic area for the neighborhood using HOA fees that the neighborhood have agreed to spend no more than a total of $100,000.00 for the community to enjoy. The lot is one half acre of cleared land that is flat and in the center of the neighborhood. The Homeowner’s Association would like to have 4-6 picnic tables and a large playground on rubber mulch with a separate area for swing sets meant for young children and adults.…

    • 1798 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Project management can be described in a multitude of ways and is used in a wide variety of industries. The projects themselves can be small and simple or on large scale and extremely complex. No matter the size of the project if they are knowledgeable and precise in the planning it will ultimately start, execute, and close with success. [1] A project is a temporary endeavor undertaken to create a unique product, service, or result. The project being written about today was not on a large scale but overall made a large impact in the company atmosphere.…

    • 692 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Cmgt 410

    • 282 Words
    • 2 Pages

    A project can be defined as something which is very complex; it has a specific and limited time line which means that it has a start as well an end. Different from day to day business routines which take place on frequent basis while at the same time a project is a non-routine task which means doing something which has never been done before. Before every project is made it is given a budget which is the cost to complete the project. Successful projects are said to be those projects which are completed within the cost and time assigned to them. Projects are also successful when resources are effectively and efficiently utilized. Projects cannot be completed with total accuracy because they contain certain risk and uncertainty. The concept of what a project is can be confused with mission statements, organizational objectives, directives, initiatives and a dozen other terms that may be related to projects, but are not projects themselves. Facilities management and information system groups, for example, have maintenance projects. But they often neglect to distinguish between a maintenance as a project and maintenance as an on-going operation. True maintenance projects come to closure so a facilities team installing a new air conditioner or handling routine upgrades to an operating system are on-going work which is better suited to operations management than project management.…

    • 282 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Projects are used today as a way of achieving a variety of outcomes in local or international locations for new constructions, new product development, product improvement, process design, process improvement, utility installation, theory and technology development, and many more. Bringing a project to a successful conclusion requires the integration of numerous management functions like controlling, directing, team building, communication and others. It also requires cost and schedule management, technical and risk management, conflict and stakeholder 's management, and life cycle management.…

    • 2105 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    According to, Chapter One of our book, which identifies some of the characteristics of a project, I can identify several that apply to this project. For one, it has an established objective to increase the number of monthly project reviews. The life span of the project consists of completing it by the end of our fiscal year. This project has involvement from multiple departments and professionals. This project will involve several disciplines and professional staff. The cooperation from the…

    • 681 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    The most common characteristics of a project are implementing objectives, possessing a definite life span with a start and a finish, participation, a specified time frame, a defined unit of cost a performance. Almost every project has constrictions such as cost, time, and a scope. Every project will have a beginning and an end, cost, and management tasks that will determine the success or failure of the project. A project involves a managing process that involves the application of knowledge and skills, techniques and tools, and the development of tasks to meet all requirements of the project. Project management is defined as “a set of principles, practices, and techniques applied to lead project teams and control project schedule, cost, and performance risks to…

    • 1109 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Orion Shield Project

    • 5525 Words
    • 23 Pages

    Executive Summary The basic concepts of project management calls for proper planning, organization and the management of a variety of resources in order to successfully achieve a certain goal. One of the most important objectives of project management is the ability to deliver a product or service within a certain time constraint or “on time” as well as being fiduciary responsible or “within budget.” Thus, it can be seen that good project management makes efficient use of time, money, personnel, materials and supplies, and methods of communication in order to successfully complete a project. Unfortunately, these basic methods of project management were not…

    • 5525 Words
    • 23 Pages
    Powerful Essays
  • Powerful Essays

    Chunnel Project

    • 9442 Words
    • 38 Pages

    This case study was originally prepared as part of Project Management Applications, the capstone course of the Master of Science in Project Management in the Department of Management Science at The George Washington University, by the graduating students listed above with the supervision of Professor Anbari.…

    • 9442 Words
    • 38 Pages
    Powerful Essays
  • Powerful Essays

    1. Why is there a new or renewed interest in the field of project management? More and more projects are being done by a variety of organizations. The projects are more complex and often involve the use of new technologies. Organizations are struggling to find better ways to manage their projects. 2. What is a project, and what are its main attributes? How is a project different from what most people do in their day-to-day jobs? What is the triple constraint? A project is “a temporary endeavor undertaken to create a unique product, service, or result” (PMBOK® Guide, 2008, p. 5). In addition to being temporary and unique, other attributes of projects are that they are developed using progressive elaboration, require resources from various areas, should have a primary customer or sponsor, and involve uncertainty. Projects are different from day-to-day activities primarily because they have focused goals and definite beginning and ending dates. The triple constraint is managing scope, time, and cost goals. 3. What is project management? Briefly describe the project management framework, providing examples of stakeholders, knowledge areas, tools and techniques, and project success factors. Project management is “the application of knowledge, skills, tools, and techniques to project activities in…

    • 19458 Words
    • 78 Pages
    Powerful Essays
  • Good Essays

    IT Project Failure Paper

    • 717 Words
    • 3 Pages

    It is well understood that project management has benefited organizations throughout history in developing and implementing objectives to serve as a solution.…

    • 717 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Project Management 1402

    • 2035 Words
    • 9 Pages

    A project is defined as a temporary endeavor with a specific beginning and an end. Some key attributes of a project are; a well-defined objective, carrying out the project in a series of independent tasks to accomplish the goal, completing the project within a specific time frame and, meeting the needs of the customer.…

    • 2035 Words
    • 9 Pages
    Good Essays
  • Powerful Essays

    A project is a series of jobs\tasks whose successful completion is required to meet the required output of a project. Prior to starting a project senior management must select one of three possible structuring projects. These three organizational structures are Pure Project, Functional Project, and Matrix Project, all have advantages and disadvantages that must be considered to ensure a project’s success.…

    • 1624 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    14.2 © 2010 by Prentice Hall Management Information Systems Chapter 14: Managing Projects McKesson’s Prescription for Project Management • Problem: Inconsistent, fragmented data in multiple sources hampering operational efficiency and decision making for order processing and inventory management • Solutions: Replace existing systems with common business intelligence infrastructure with single enterprise data warehouse • Massive project completed in under 2 years due to use of sound project management practices • Demonstrates project management’s role in reducing projects costs and completion times 14.3 © 2010 by Prentice Hall Management Information Systems Chapter 14: Managing Projects The Importance of Project Management • Runaway projects and system failure • Runaway projects: 30-40% IT projects • Exceed schedule, budget • Fail to perform as specified • Types of system failure • Fail to capture essential business requirements • Fail to provide organizational benefits • Complicated, poorly organized user interface • Inaccurate or inconsistent data 14.4 © 2010 by Prentice Hall Management Information Systems Chapter 14: Managing Projects…

    • 2296 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    Successful organizations must manage resources and control the diverse range of projects operating within their systems at any one time. To be successful in the current business climate, organizations need to focus on how to manage the many competing requirements for resources. Conflicting resource requirements across multiple projects and corporate priorities not centrally managed usually are grounds for failure. I believe that a properly organized enterprise project office is the formula for successful project implementation. This paper briefly outlines what I feel is the main philosophy of the project office and two functions it can provide.…

    • 391 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Chapter1

    • 1447 Words
    • 3 Pages

    This is a good time to be reading a book about project management. Business leaders and experts have…

    • 1447 Words
    • 3 Pages
    Powerful Essays