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Ruvimbo R Mushaninga-Project Management (BM404)
Ruvimbo R Mushaninga-Project Management (BM404)
Ruvimbo R Mushaninga-Project Management (BM404)
19/30
DEPARTMENT OF COMMERCE
LECTURER : MR MATABA
QUESTIONS:
1. Explain what project management is and why it is different to other forms of management.
Project initiation
This is the first process of the project management. It defines and clearly articulates the
purpose for which the project is being undertaken for example building new hospital wards to
cater for more patients. When initiating, project values and feasibility are measured using
evaluation tools like business case document and feasibility study prior to committing staff,
materials and finances. Project management here means initiation is a planning tool which
should be specific, measureable, achievable, relevant and time-bound and if used efficiently
can assist the project’s management plan a successful venture.
Project Planning
This is the project management’s way of providing direction on project implementation,
guiding the team andkeeping them on time and on budget. Itis the baseline that enables
management to monitor project progress to initial plans, estimates and forecasts. It also gives
guidance on ways to acquire finances and procure the required resources and determining the
fate of the project. With a sound plan the team has direction on producing quality outputs,
managing risk and suppliers, creating acceptance, understanding the cost, scope and
timeframe of the project and also communicating benefits to stakeholders.
Project Execution
Project execution is about deliverables that are on time, within budget and satisfying to the
quality requirements expected by customers and stakeholders for example constructing and
opening the new hospital wards with state of the art equipment and catering for all patients’
medical needs. Project management at this stage means mastering a specific set of behaviours
and techniques that will enable competitive advantage. The sole purpose of this is to
complete the work defined in the project management plan and to meet people objectives.
Project closure
This is the last process of the project management process groups, it involves recording and
evaluating project documentation, making final payments and completing the project.
Management at this stage is crucial in order to make sure that the finished project has been
delivered for example closure only happens when the ward building has been built and
completed. Management is also relevant at this stage to ensure communication of completion
is made to stakeholders and resources are released to other projects and the teams can move
on. Mistakes and successes of a project at closure can be used to build future stronger
processes and successful teams
To add on project management is central, unique, highly planned and unpredictable. Each
project has different aspects to manage, every requirement is different, stakeholders are
different and each project resource has different aspirations. Project management resources
are limited as compared to general management which is responsible for sourcing resources
necessary for the continuation of a function.Project management requires the use of teams
made up of personnel who are often assembled or borrowed from other business managers
like operations. Project management typically focuses on maximising productivity from
individuals during the entirety of the project whilst general management is more likely to
focus on long term relationship and personal development.
Finally the difference between project management and the other forms of management lies
within the scope of responsibilities aligned with each role and for project management the
scope includes the major milestones, top level requirements, assumptions as well as
limitations.
Kerzner, H., (2017), Project Management 12th Edition A Systems Approach to Planning,
Scheduling and Control, New Jersey:USA.
Shaffer, S.M., et al (2017), Project Management: A Managerial Approach, New Jersey:USA.
Managing Successful Projects with PRINCE2® , 2017 Edition, TSO: United Kingdom
Project management application is putting to use the knowledgeacquired, the skills obtained
and tools needed in order to come up with a specific project and fulfil that project’s
objectives inorder to reach set goals with a given budget and timeframe. Project management
can be applied to any project depending on the project size, nature and industry. Project
management can be applied to my company’s project by way of planning the project, keeping
the project on track and utilization of project management software.Successful project
management is achieved by the intelligent application of sound principles.
Project identification involves choosing a project that best suites the long term goal of my
company. It sets outs a clear explanation of what the project is all about for example
expansion of office premises. After project identification follows defining goals and
objectives.These are what that project intends to do and how it is going to do it for example
bring in more income from letting out the expanded premises. This also involves coming up
with a long term plan for the company that is where it has been and where it is herding.
Setting up goals and objectives can be done with a team that can help give insight to some of
the questions that may be raised in coming up with goals.
The other part of coming up with a plan is building a team. When undertaking a project there
is need to come up with a team, these are a limited number people who will be responsible to
fulfil the objectives of the project. Their roles and responsibilities are aligned to the ultimate
goal of completing a successful project. The team should include a project sponsor, experts to
define the scope of the project, the project manager and the team members.
After building a team there is now need to define tasks. This involves defining tasks involved
to complete the project for example to expand business premises one of the tasks would be
procurement of resources that are within budget.
There is also need to adjust the plan accordingly. It is normal to encounter obstacles when
undertaking a project. It is however better to think of problems earlier before they arrive
inorder to come up with measures to counter them. Being aware of the changes in the
unforeseeable future allows for flexibility to adjust and plan accordingly.
Scheduling time for regular intervals of checkingand reviewing the progress of the project
ensures that everything is in place and it is herding in the right direction. Constant checks are
also important for early detection of problems that may arise before the project is completed.
There is also need todocumentthe progress made. A successfully managed project documents
plans and progress. There is also documentation of work which helps in keeping track of
what has been done, the commitment and what needs follow up. It also helps to measure
progress against the set timeline. Documentation is also used for accountability purposes and
gives drive to perform better.Proper documentation allows for effective tracking, negative
outcomes can be dealt with by exploring other options this can be done through consultation
with team members (Adewumi 2014).
Not only that, being flexible also another component of keeping the project on track. Trust
for the team is of importance because the teams are the experts and they have the knowledge
and experience to make the project a reality therefore their suggestions need to be valued and
heard. Flexibility allows for sharing of ideas and innovation. Team members are able to learn
from each other all of which is a huge advantage when it comes to the success of the project.
Flow of information through communicating with the team allows for everyone to be in the
know, thus there is need for status updates and meetings so that everyone gets the recent
updates and are able to work on them for example movement of deadlines, shift changes and
change in deliveries and other factors that affect the project.Addressing problems before they
occur is also crucial in applying project management.Preparation for obstacles in advance
allows for solutions and measures of preventing future problems to be made beforehand. This
allows for the project to move on without setbacks.
In addition providing directionis the responsibility of the project manager to keep the team
informed and to make sure everything runs smoothly. This can only be done through
adequate provision of resources and information for the timeous completion of the task at
hand. Also reviewing and managing changes is important it involves reviewing progress
made, what has been done, what next steps to follow and whether the project is still on track
or plans that need adjustment. Project plan can be adjusted as well as the timeline and
objective basing on what the review has shown this can be done by using change
management.
To conclude, my company can apply project management by ensuring that there is a plan in
place to undertake that specific project, keep that project on track and utilize project
management software. Project management should also go further in making sure that all of
the above are done correctly and at the right time inorder to achieve the set goals.
References
Adewumi, D., (2014), Applying Project Management in the Workplace.
Burke, R., (2003), Project Management Planning and Control Techniques, 4TH Edition, Wiley
and Sons New Jersey: USA.
Kerzner, H., (2017), Project Management 12th Edition A Systems Approach to Planning,
Scheduling and Control, New Jersey:USA.