Project Management Body Of Knowledge Is An American...

Project Management Body Of Knowledge Is An American...
A Methodology is a model which the managers employ in the design, implementation and achievement of their project objectives. It contains the
guidelines required for managing a project. With the exceptional growth in technology, the present day projects are often large and complex involving
a significant risk. So, a Project Management Methodology enables the delivery organization to handle these projects comprehensively, systematically
and in an integrated manner, which results in strategic, tactical and operational benefits. Strategic Benefits: The methodology provides confidence to
customers, partners and senior management that the delivery organization can manage and deliver the projects with immense profits. Tactical Benefits:
The method allows off–site managers to have confidence in recognizing the problems early and solving them. Operational Benefits: Methodology acts
like a key using which the delivery organizations, empower the project team to accomplish the right task, the right way. Project Management Body of
Knowledge is an American National Standard Institute (ANSI) standard first published by the Project Management Institute (PMI) as a white paper in
1983. It is a guide that describes best practices used to manage a project efficiently and acts as a foundation for a sound project management
methodology, yet it cannot be a method without adaptation. Various organizations adopt several approaches or guides, in
... Get more on HelpWriting.net ...

A Professional Experience Of Working
I personally do not have a professional experience of working in an organization. However, while I doing pursuing my bachelors degree I was the
member for one the college club. When I first join the club in 2013, the members were very ineffective with their communication. The club
objective or values were very unclear. There was lot of ambiguity within the roles of members. As described in page 4 of the PMI' s Pulse of
Profession report, there was a gap in understanding business benefits. In our case was or the club some of the members did not have proper
understanding about the goals, and what kind of events/activities the club want to in the college As stated in page 4 of the report that "Everyone needs
to understand the long–term goal so they can know how they're contributing, how they're making an impact" (Project Management Institute, 2013).
There was a very poor communication between the President and the members of the club. President was not effective in delivering his expectation
and strategies, and this later impacted on club events resulting in failure. The gap was very evident, but no one took the ownership, not even the
advisor whose role similar to an executive sponsor or senior manager. If the gaps were identified then the club would have been successful since the
beginning.
Question 2: Which strategy or strategies would you recommend for your organization to adopt or to continue? The most important was to recognize the
gap, and then to communicate

Symcor
In the Healthcare Operations Management course we previously finished, it explored the aspects of the principles of Lean management and quality
improvement. This helped me better understand the relationship of efficient management and success relating to what we are learning about project
management. Managers have noticed the importance to following project management methods to reduce costs and improve success rates. From
observing and navigating through the two websites, I learned that project management is a complex process and extremely important for success for
any business. One method that sticks out on the success of project management is the Six Sigma method. The use of the Six Sigma approach is widely
used to improve quality and many ... Show more content on Helpwriting.net ...
Citibank's goal was to improve operations globally through reduction and process time while increasing customer satisfaction and loyalty. Citibank
reached out to Motorola University for a wide Six Sigma training for its employees. Motorola University trained Citibank employees on both cycle
time reduction and cross–functional process mapping to reduce wasteful processing time. It helped tract defects and document results by teaching team
members to identify appropriate metrics and solve any issues discovered during the process. Employees built rapport and worked well together
throughout the process, which made their professional responsibilities easier that benefited their customers. This allowed eliminating redundancy and
established a positive atmosphere for its customers. Citibank efficiencies increased customer satisfaction and increased faster time to introduce new
products to its

Team Building, Leadership And Motivation Essay
Team building, Leadership and Motivation
Building the right team with the most appropriate leadership and striving to keep the team motivated cannot be over–estimated in project management.
This stage is initiated from the planning stage. Unlike larger scaled projects that teams are to be built around the project, our team was built before
defining the project, we therefore had to tap into the strengths of each group member. This was achieved by gauging the types of contributions made by
members during the planning stage, making it easy to identify what roles specific individuals are best suited to carry out. More so, significant
leadership qualities were identified in individuals within the group. These included, taking responsibility for initiating work towards the project, taking
responsibility of gathering all team members to initial meetings as well natural co–ordination of group activities.
According to The Management Study guide, "Team building refers to the various activities undertaken to motivate the team members and increase the
overall performance of the team" (Management Study Guide 2016). The dynamics of building and maintaining a strong team are extremely vital as the
knowledge and expertise each teammate brings to the table will be beneficial, ultimately. To build momentum and a healthy work relationship within
the team, we held several team meets and went to lunch and/or dinner occasionally. This phase of project management carries through to the completion

Critical Analysis of the Clift Village Shopping Centre...
Critical analysis of the Clift Village Shopping Centre Project management plan
1/31/2011
Executive Summary
This paper has been prepared to critical analyse the project management plan (PMP) of the Clift Project Village shopping centre barrier guard
upgrade. The shopping centre multistorey car park was audited by its public liability insurer and they deemed the perimeter barrier fence not
compliant to Australia standards and a danger to the public, the fence had to be replaced with a complaint fence. TJA was approached to fix the
problem which it completed with an Ingal anti–climb system with an integrated car barrier.
The paper discuss the need and justification of the PMP for this construction project, areas that are ... Show more content on Helpwriting.net ...
If a car were to break through the fence it may result in a serious injury of death to the vehicle occupants and/ or pedestrians, as well as significant
property damage"(Chubb, 2010) The insurer recommended that a compliant barrier system be installed to bring it up to Australian and QBSA standards.
TJA was approached by Ingal civil who manufactures the anti–climb barrier system and asked if we would take on the project, from that point TZM
dealt with the client.
The anti–climb barrier system is a Armco barrier with a integrated handrail and mesh fill built into the system, which prevents a person from climbing
over the barrier or stops a vehicle penetrating the barrier, which is ideal for this situation.
3.0 Project Management plan
3.1 Nature of venture
This section will justify that the Clift project is a project and not an operation, also how the management of the project is effect by this.
The definition of a project is "a temporary endeavour undertaken to create a unique product or service. Temporary means every project has a definite
beginning and an end. Unique means that the product or service is different in some distinguishing way from all other products or services".(Project
Management Institute., 2008)
The Clift shopping centre project is a project in that it is a one off work package that will never be completed on that site again in a identical process,
for example if a section of barrier guard had to be pulled down every six months and then put

Project Management Institute ( Pmi )
2. Introduction
4.7Definition of IT project management
According to the Project Management Institute (PMI), the world's leading association for project management, it is the application of knowledge,
skills and techniques to execute IT projects effectively and efficiently. A well
–planned and executed project, that meets its goals, time line and budget is
a strategic competency for organizations, enabling them to tie IT project results to business goals – and thus, better compete in their markets.
4.8Definition of Risk
A risk is the possibility of an event or condition that would have a negative impact on a project. A risk can be nearly anything. It can be the upcoming
performance of an activity that has never been performed before ... Show more content on Helpwriting.net ...
It is important to understand that a risk is something that has previously been identified, or can be planned for, and can be potentially mitigated. An
unexpected emergency that arises on a project – like a natural disaster or the unforeseen removal of a key team member – is not a risk because it was
not something that was a potential issue from the beginning. Having said that, attempting to develop a full–blown Disaster Recover Plan or to plan for
the potential loss and course of action for every possible resource isn't a bad idea. It is just horribly impractical and has consistently proven to be a
waste of time and resources for large–duration projects.
According to PMTips.com, a popular online project management discussion forum; almost always, a risk arises from an issue that is discovered or has
previously been discussed by the project team and then, overlooked.
4. Risk Management Process
There are six sequential steps in the risk management process.
1.Plan Risk Management
2.Identify Risk
3.Perform Qualitative Risk Management

4.Perform Quantitative Risk Management
5.Plan Risk Response
6.Control Risks
4.1 Plan Risk Management
Since risk management is so critical to a project's success, it is important to have a strong plan in place before one begins. Equally important is
making sure the project manager, sponsor, team, customer and other stakeholders and experts are well informed about the project and all on the same
page.
At

Project Management Institute 's Online Certification Program
Today, many businesses use proven historical methods within their organizations to improve strategic project management and problem solving
techniques of employees in order for those employees to work in a much more efficient manner to add value to the company. Next, I summarize the
Project Management Institute's online certification program that offers training and education to volunteers and project managers around the world
that strive to improve their skills in order to be more beneficial to the organizations in which they work. Afterwards, a brief review of the history of
the TRIZ theory of problem solving is given. It explains where and why Genrich S. Altshuller developed this detailed problem solving theory. Lastly, a
brief... Show more content on Helpwriting.net ...
The company was founded in 1969, and is currently run by its President and CEO is Mark A. Langley.Project Management Institute's website goes on
to state that it provides professional resources and research information access to over 700,000 active members, which includes volunteers as well as
credential holders in nearly every country around the world. The company is recognized globally for its advocacy for project management training,
education, and standards. Its certification program boasts of the importance of certification leading to better trained professionals that are able to earn
top salaries. In addition, pmi.org (2016) states that certificate holders are able to virtually work anywhere around the world and in any industry with
project management procedures.
According to mazur.net (1996), TRIZ is an acronym for the Theory of Inventive Problem Solving. Mazur.net (1996) went on to report that it was
developed by Genrich S. Altshuller, who was born in the Soviet Union in 1926 where he developed a curiosity for problem solving as he worked at
his job of helping inventors apply for invention patents. According to mazur.net (1996), there are several laws in the theory of TRIZ. One law
mentioned is the Law of Increasing Ideality, which means that in the process of change, either a system performing certain functions becomes less
problematic, or it becomes capable of performing its functions better, or it performs more

вЂњthe Role of the Project Manager Is to Command and...
TOPIC: "The role of the Project Manager is to command and control." Critically discuss.
INTRODUCTION:
In management, command and control refers more generally to the maintenance of authority with somewhat more distributed decision making
[Command and Control Research Program 2011]. Being an effective project manager is among the most challenging jobs in the industry for two
reasons. First it requires management skills and abilities different from those required in a traditional functional management position. Second, there are
very few training opportunities available to those moving into the project management.[ Thornberry, Neal E. October 1987]. This article addresses the
roles and responsibility of a project manager which ... Show more content on Helpwriting.net ...
Motivation is important because the individual 's performance will be enhanced when they have a sense of pride and confidence in their work. [Fryer,
2004,]
HOW COMMAND CONTROL MANAGEMENT CAN RESULT INTO NEGATIVE EFFECT:
A manager–employee relationship is always a two way street. When a manager takes an unnecessarily–authoritative or commanding position with a
subordinate, the employee feels less respected, and will have a decreased desire to contribute. As a result, information flow up to the manager will be
diminished. This will only reduce the manager's ability to make good decisions, even to the point of reducing their apparent competence.
Under pressure managers are more likely to use a command and control style of leadership during a recession, but a leadership expert claims that
whatever the economic climate, it is the wrong way to go about improving corporate performance. Scott Watson, managing director of UK and Bahrain
based Summit Consulting and Training, which has trained and supported more than 10,000 executives and managers in the UK and Arabian Gulf, says
autocratic management styles stifle creativity, undermine staff morale, destroy trust and ruin the potential for any worthwhile collaboration to maximise

Project Mgt
Discussion Question Short Essay
Quantum Bank Case Study, pg 73
Who would you recommend that Stacey Thomas select to serve as project manager? Why?
What are the characteristics of the candidates that you would attribute to a competent project manager?
What important skills do you think the candidates are lacking? Why are they important?
Organizational Project Management or OPM is where an organization's culture, style, and structure influence how its projects are performed &
managed by accomplishing its purpose throughout its project lifecycle by how it is conducted and progress (Institute 20).
The competencies of a manager are knowledge, performance, and personal. In (Institute 17) defines it as follows: ... Show more content on
Helpwriting.net ...
The PM's wants are simple–the individual in the organization who is most competent on the specific task to be accomplished. Let's hope that he doesn't
lack enthusiasm for cooperation because Andy has little knowledge of routine work (Jr. 2010).
References:
Jr., Samuel J. M. Project Management in Practice, 4th Edition. John Wiley & Sons, 10/2010. VitalBook file.
Institute, Project M. A Guide to the Project Management Body of Knowledge (PMBOKВ® Guide) – Fifth Edition, 5th Edition. PMI, 01/2013.
VitalBook

Portfolio Management : Strategic Management
Portfolio Strategic Management
Introduction
Modern organisations devise a plan prior to the beginning of the project, in order to achieve desired objectives. The collection of programs, projects,
or objectives managed to achieve the desired results is known as a portfolio, and the co–ordinated management of one or more portfolios in an effort
towards achieving the organization's objectives, is known as portfolio management (Project Management Institute, 2013). Portfolio management plays
a critical role in any major decisions taken by the organization with respect to prioritizing and allocating personnel, and to evaluate the effectiveness of
the organizational strategies. Portfolio strategic management involves managing, monitoring, and ... Show more content on Helpwriting.net ...
Morris and Pinto (2007), state that the wide range of markets that the global companies currently invest in, requires them to rely on project teams
working on different portfolios to strive towards the achievement of the organizational objectives. With such daunting requirements to be met,
organizations depend on designing and executing portfolio strategic management techniques, with an evaluation of the current challenges that the
organization faces and an estimation of the expected challenges that might arise in the future. Once such an evaluation has been carried out, the
organization can then come to an understanding and establish a roadmap towards achieving its objectives.
Since portfolios form a part of the overall managerial initiatives, it is imperative that the portfolio strategic management is devised in such a way that it
supports the organizational plans. Morris and Pinto (2007), suggest that an ineffective portfolio strategic management plan leads to executional
problems in monitoring and managing changes in organizational, which would eventually jeopardise the efforts towards accomplishing desired goals.
Strategy planning and strategy implementation are two critical aspects of a portfolio strategic management plan, which define and pave the way
towards an uneventful completion of the project (Sanchez and Robert, 2010). As discussed earlier, whilst

Analysis Of Wembley Stadium Project Management
A project is a temporary endeavour that creates a unique result. Time, budget, resources, and performance specifications, to meet requirements made by
stakeholders, limit a project (Project Management Institute, 2013, pg.3). Project management is the application of tools, techniques, and knowledge to
help achieve the three main constraints of scope, cost and time (Project Management Institute, 2013, pg.5). This applies managerial process and
gives project managers the opportunity to make a project successful. However, there are still numbers of project failures both big and small
projects. This failure does not only affect finances but also demoralizes employees who have laboured diligently to complete the work. The case of
Wembley Stadium project failure will be analyzed in this paper to illustrate project management difficulties a project can encounter if appropriate
tools and techniques are not successfully developed, implemented, and evaluated within the project management processes. The major problems
concerning the Wembley Stadium project were scope, time, cost, quality, and stakeholder issues (Carter, 2002). However, this paper would be
focusing on scope, time and cost issues. The format of this paper will include the project analysis, which will provide brief description of the
Wembley stadium project, and main reasons why the project failed. This will be followed by the analysis of how the issue of the project failure is
related to project management knowledge

Theory Of Constraint Technique Is The Elimination Of Idle...
Another Theory of Constraint technique is the elimination of idle time. For whatever reason, idle time is also present in bottleneck resources. For
instance, all employees may have a break at the same time leading to no performance during the bottleneck process. Short breaks may have a high
opportunity costs since the bottleneck have a constraint effect on the entire plant output. Thus, elimination of such idle time may improve a factory 's
output. As a TOC technique, scheduling and sequencing involve the sequences can improve factory 's output (Khan, n.d.). Quality inspection at this
point is vital after the products have processed from a bottleneck resource, but stopping the production of a product due to poor quality implies the time
... Show more content on Helpwriting.net ...
Goldratt indicated that there is always a constraint and that the fourth step is the centre for continuous improvement. Goldratt, indicated that an allusion
of no constraints would be an indication of infinite performance which is not possible in real life. Under normal circumstance project managers get
more resources after realising that there is a resource constraint in the system (Srinivasan, 2012). But the TOC indicates that a project manager should
strive to achieve the highest performance from the available resources before getting additional constraint resources. It is evident that the moment that a
constraint is elevated adequately, it stops to be a constraint and the bottleneck changes within the system (Lau & Kong, n.d.). TOC also uses a thinking
process, this is an administration tool used for understanding where the organisation is positioned, what is seeks to be and how it plans to get there. TP
is the tool within the TOC framework that elevates it from a production principle into a management technique (Nieminen, 2014). The thinking process
has three main steps that are designed to help an organisation achieve their goal, the first step is meant

What Contracts Work Best For What Type Of A Contract Case...
What contracts work best for what type of projects?
Project Managers, inside the quest for successful project management and to create a cost powerful quality support of their clients, could procure
material and administrations all through venture execution; or their administrations could likewise be gained by others, each inside or outside the
association, to deliver benefit in their claim to fame zones. For every situation, the objective is accomplished by an agreement, composed or oral, which
is a lawfully restricting device that characterizes the connection, span, nature and degree of administration, explanation of work, thought and terms and
conditions. The technique by that the material/administrations gained is acquisition or ... Show more content on Helpwriting.net ...
This is the reason cost reimbursable contracts are once in a while utilized. The cost reimbursable contracts additionally separated into subcategories
like Cost plus Fee (CPF), Cost plus Fixed Fee (CPFF), Cost plus Incentive Fee (CPIF) and Cost plus Award Fee (CPAF). There is a third hybrid sort
ordinarily being used called Unit Price contract or time and materials contract. Fundamentally, in unit value get, the vender will profit for consistently
he dealt with the task like outsourcing in settled value gets, the merchant and the purchaser makes concurrence on a settled cost for the venture. For the
most part, the purchaser is in generally safe classification on the grounds that the cost or cost is as of now settled and the merchant has consented to the
terms and conditions. Essentially in unit value get, the vender will profit for consistently he dealt with the task like freelancing and outsourcing.
Toward the end, project manager needs to choose what sort of agreement ought to be chosen on the premise of undertaking he or she is taking care of
and furthermore ought to know about the legitimate parts of the task. The project manager ought to have the capacity to go out on a limb that includes
cost, asset portion and SLAs and ought to be in charge of the non–deviation of the specified viewpoints above. The manager needs to settle on the
merchant choice by confirming the foundation of the customer as

Ecl In China Case Study Essay
ECL in China
Case Study
Problem Identification and Situational Analysis ECL is a multi–national corporation that continues to expand its core business as well as create
opportunities for foreign divisions to influence the direction of the company in addition to bringing cohesion and unity throughout the workforce. ECL
developed a division in China that allowed the company to integrate into the Chinese market but also presented it with issues it would need to manage
successfully in order to progress in this venture. There are various cultural issues facing ECL in China. The first is the qualities not often seen in
American industries and those are the obedience and humility among the Chinese workers. In the Chinese culture this is ... Show more content on
Helpwriting.net ...
Chinese workers believe that close personal relationships are imperative to effective communication. American companies don't share the same views
and some organizations have even related this to workplace fraternization, which can result in disciplinary action. Since we don't believe that these
relationships are necessary, or even appropriate, we don't form them and this could affect a bi–national workplace and possibly even carry over to
business dealings outside of the company. The Chinese believe that, when conducting business with other people, a relationship must first be formed
to gain the trust of business partners. American companies rely heavily on systems and processes, which is viewed as highly efficient by the
American standard while the Chinese workers with ECL aren't accustomed to this and believe that it's not always necessary to establish a system to
follow in order to complete a task. The difference in views on this could also present some serious problems for ECL, as the Chinese workers may
view the American management style as inefficient or sluggish.
Recommendations
ECL manages cultural diversity by having "Constant respect for people" and "Uncompromising integrity". (Wo, 2001) A significant number of
companies that have ventured into international business did not attempt to adjust to the foreign culture and rather tried to take the 'business

How The Ansari X Prize International Hotel Project Will Be...
INTRODUCTION The project schedule is to be set up and to roadmap on how the Ansari X prize International hotel project will be determine or
executed, by team leaders. Schedule are very important, they're and important part of any project you work on, as they provide the project team
sponsor, and stakeholders with a great view or picture of the project status at any given time. The schedule management plan has some great tools, and
it has a main purpose to define the approach the project team has and will use in many occasions on creating the project schedule. The plan includes
how the team you're working with will create and monitor the project schedule and most importantly manage the changes after the baseline schedule
has been set up and approved. The main aspect of the team schedule will include identifying, analyzing, documenting, prioritizing, approving or
rejecting, and most importantly publishing all the correct schedule–related, to the project. The other important aspect will be the methodology of
quantify research, that will be used to reduce the different project failures and also schedule overruns while using statistical attributes that will help
you monitor the project during its lifecycle, and also help you measure any type of data to formulate the different facts within the project and the
parameters of the project scope, this will help with the project. The analysis can help you in many different ways, it could help you identify the risk or
the different

Project Estimating Paper
Project Estimating
Project Estimating and Control Techniques
CPMGT/303
July 12, 2014
Project Estimating
Cost management planning happens early on in the project planning phase and should be refined throughout the project's life cycle as additional details
become available. The project's cost management plan sets the framework for all of the project's cost management processes. The accuracy of
estimating a project's cost is essential to the successful or failure of the project. This makes choosing the right estimating techniques crucial for a
project. Expert judgment provides an insight to past experiences, environments, and historical information from past similar projects. This information
is compared and analyzed against ... Show more content on Helpwriting.net ...
Bottom–up estimating can be used when individual work packages or activity segments of the project need to be estimated. Bottom–up estimating takes
the detailed costs and then rolls those cost details up to a higher level activity segment or work package (Project Management Institute, 2008). An
example of this would be estimating all the resources and facility costs and rolling the information up into the overall project estimate.
Three–point estimating takes a single–point activity and use probability distribution to approximate what can happen in the future. This technique takes
uncertainties and risks into consideration and is considered a more accurate technique as the three points clarify and determine the risk level or range
of uncertainty for the cost estimate (Project Management Institute, 2008).
Determining the most appropriate estimating technique for the project is important. Choosing the right technique depends on the amount of
information you have from past similar projects, and the information you have regarding the current project, such as scope baseline, project schedule,
human resource plan, risk register, enterprise environmental factors, and organizational process assets (Project Management Institute, 2008). It is also
important to know how much time and money the

Analysis Of Ansari X Price International Hotel Project
The other important aspect will be the methodology of quantify research, that will be used to reduce the different project failures and also schedule
overruns while using statistical attributes that will help you monitor the project during its lifecycle, and also help you measure any type of data to
formulate the different facts within the project and the parameters of the project scope, this will help with the project. The analysis can help you in
many different ways, it could help you identify the risk or the different patterns that could cause issues when you see the schedule management
index. This project will use the different time frames or duration by the different week as we will see in the Gantt chart, will help with the goal we
have on building the Ansari X price International hotel Project that is set for 6 SCHEDULE MANAGEMENT APPROACH The project schedule
for Ansari X price International hotel will be set up an created by using MS project or Excel starting with the different deliverables that have been
identified in the projects Work Breakdown Structure (WBS). The activity definition will identify, the different work packages that have been set up,
that have been performed by completing each deliverable. Activity sequencing will be set up and be used to determine the order of work packages
and also assign the relationship that you will see between the project activities. We also see that in the resources allocation matrix (ram) will show the
relationships of

Project Management Students Attending Itt Technical Institute
Currently, all students attending ITT Technical Institute are learning some sort of Project Management through specific courses that primarily teach
only the theory behind Project Management. The students attending ITT Technical Institute would greatly benefit from hearing from Project Managers
and Engineers first hand on what to expect in the field in which the students are studying, and to speak on personal events that they have been through
on the job and how the importance of project management helped the speakers out in those events. A faculty member has brought the idea to the Chair
of the Business Program, that it would be a great idea to start a Project Management Student Group and shed more light and visibility around the project
management degree within the school. Having the project management student group set up in the school and bringing in guest speakers will better
prepare the students for the career ahead, after graduating from ITT Technical Institute. The Chair of Business has approved the idea and plan to start
the project management student group has been proposed.
Constraints:
After reviewing the project management student group request, a risk assessment was used to determine all of the projects risks and constraints. One
of the main project constraints is the lack of budgeting; the project was allotted no budget to get the ball rolling and no budget to keep the program
running. Without a solid number for a budget, the project manager will be

Project Management and Project Management It
Examination Paper: Project Management
IIBM Institute of Business Management Examination Paper Project Management Section A: Objective Type (30 marks) This section consists of
multiple choices questions and short answer type questions. Answer all the questions. Part One questions carry 1 mark each and Part Two
questions carry 5 marks each. Part One: Multiple choices: 1. During _________formal tools and techniques were developed to help and manage
large complex projects. a. 1950s b. 1980s c. 1920s d. 1990s 2. PERT stands for: a. Program Evaluation and Reverse Technique b. Progress Evaluation
and Review Technique c. Program Evaluation and Review Technique d. None of the above 3. The most basic model of any Operating System is: a....
Show more content on Helpwriting.net ...
They decided to use a table to show the risk event, the likelihood, the severity and by multiplying the two providing a risk priority number (RPN).
This would the allow ranking of the risk elements. For the three highest ranked elements, the group then generates a mitigation process with someone
in the group taking ownership of that process. As can be seen, the top three risks were identified and mitigation tasks put in place to either prevent the
risk event happening or to reduce its effect. The initials of the 'owners' of that risk in the last column show who has agreed to monitor that set of events
and ensure that the mitigation is put into place before the project suffers from that event occurring. Questions: 1. What further methods could have
been used to generate ideas for the identification part of the risk process? 2. What should happen as the project progresses to manage risk?
3
IIBM Institute of Business Management
Examination Paper: Project Management Caselet 2 Fast–track Product Redevelopment at Instron Background Instron designs and manufactures
machines for testing the properties of all types of material. One particular plastic testing instrument has been selling around 250 units per year
worldwide. In 1992 at the height of the recession, with margins being squeezed and sales volume dropping, Instron decided to redesign the instrument
to reduce its cost

Critical Analysis of the Clift Village Shopping Centre...
Critical analysis of the Clift Village Shopping Centre Project management plan
1/31/2011
Executive Summary
This paper has been prepared to critical analyse the project management plan (PMP) of the Clift Project Village shopping centre barrier guard
upgrade. The shopping centre multistorey car park was audited by its public liability insurer and they deemed the perimeter barrier fence not
compliant to Australia standards and a danger to the public, the fence had to be replaced with a complaint fence. TJA Industries was approached to fix
the problem which it completed with an Ingal anti–climb system with an integrated car barrier.
The paper discuss the need and justification of the PMP for this construction project, areas that ... Show more content on Helpwriting.net ...
Table of Contents
Executive Summary8
Introduction10
Project Background10
3.0 Project Management plan11
3.1 Nature of venture11
3.2 Nature and purpose of the chosen PMP11
3.3 Audience of the PMP11
3.4 Structure of the PMP12
4.0 Contents of the PMP sections12
Conclusions14
Recommendations14
List of references15
Figure 1 Primavera example(Primavera, 1999)9
List of Appendixes (all appendixes are attached on separate files)

Appendix 1 The Clift Village Project Plan 2010
Appendix 2 The Clift Village Project (MS Projects file)
Introduction
This paper has been prepared to critically analyse the project management plan (PMP) of the Clift Village shopping centre barrier guard upgrade
project. The definition of a project plan is a "management summary document that gives the essentials of a specific project is teams of it objectives,
justification, and how the objectives are to be achieved. It describes how major activities of the project management function are to be accomplished,
and describes method of overall project control, the project plan evolves through successive stages of the planning process".(Project Management
Institute., 2008) The paper looks into the structure and contents of the Clift's PMP by indentifying if it is a true project, this is followed by a analysis
of the audience of the PMP and why they need to sight this PMP, the final section of the paper is a discussion of the major functions of the PMP and
why this

Project Manager 's Role On Construction Project Essay
Part 1. Investigation
1.The project manager plays a vital role on the construction project, from the very beginning of its initiation and planning to execution, to completion
and handing over the complete project to the client. The project manager identifies and select the discrete processes to meet the project objective and
target, considering the constituting inputs and outputs for the process (Project Management Institute, 2013). The project manager should be
perceptive, well informed and should show keenness to the project for its timely delivery, under the targeted cost, reliable and durable quality, as
projects are financial investments and a successful project gains the trust of client (Heerkens, 2014). The project manager is required to perform better
than the past, which would be achieved by learning by doing. The project manager will not be able to complete the project without a team. The project
manager should make a team and take all the responsibility like a team leader for the successful delivery of the project (Heerkens, 2014). Before
starting the project, the project manager should breakdown the project into measurable tasks, inter linking the tasks, allocating time to each task,
assigning tools, techniques, human resources to each tasks for its successful completion (Tinnirello, 1999).
2.The project management processes consists of discrete and identifiable elements, and activities. To carry out a successful construction project, the
project manager need

Project Management Developing The Process
Running head: PROJECT MANANGEMENT DEVELOPING THE PROCESS 1
Project Management–Developing the Process
Natasha Bing
Grantham University
PROJECT MANANGEMENT DEVELOPING THE PROCESS 2
Abstract
Project management consists of primarily development and execution of an arrangement of interconnected activities to ultimately receive one common
project goal. When dealing with any type of project, it the project managers responsibility to utilize a known project management process (Project
Management Institute, 2004). Within the project management tasks, they can be categorized into five main procedures: initiation, planning, ... Show
more content on Helpwriting.net ...
For J. Smith & Associates Firm's Project, the initiation process is essential to explain the project purpose, client's requirements, etc. Furthermore, the
key outputs within this process includes, but are not limited to assigning the project manager, identifying those key stakeholders, completing the
business case, and getting signatures. Once the above criteria have been met, essentially it is possible to go to planning process of the project.
Planning Process: Project planning process is very crucial for project management as this will be considered the execution phase. During this process,
the project plan is built up on by primarily focusing on the project necessities such as, developing the project scope, implementing the schedule and
budget. However, as it correlates to the schedule and budget, the resources that are found are then followed through and implemented in the project.
Taking it the account of the effort and cost, it is within this phase that is considered to be the most important phase. The overall planning phase is also
vital for J. Smith & Associates firm's project. For this project, project management prepares a plan including project scope, budget and schedule. During
the requirement scope, this is where
PROJECT MANANGEMENT DEVELOPING THE PROCESS 4 all the required equipment and etc will be identified. Currently, it is estimated that a
total cost

Project Management : Enterprise Environment Factors
III.Enterprise Environment Factors
Circumstances that are outside the purview of the project team which affects the project are considered "Enterprise Environment Factors". They are
abundant and have the potential to affect the project adversely or constructively. The environmental factor for the "Barracks 2499 Wi–Fi Installation"
project in Appendix A. is the end users. The Marines and Sailors assumed participation in using the Wi–Fi service once completed is a driving factor
and is considered an organizational culture. Government regulations and infrastructures are also among the various enterprise environment factors that
are considered inputs to the projects planning process (PMBOK, 2013).
IV.Organizational Process Assets
This area of the Plan Project Management process consists of all the collective operating practices of an organization. The organizational process
assets are a combination of practices, artifacts, and knowledge from all areas of the organization that was involved in a project (PMBOK, 2013). The
organization process assets should be treated as a living document that requires continuous updates and editing for future project managers to pull from.
Lessons learn not only save time and money, but it also increases the success rate of a project.
V.Tools and Techniques
Applying the necessary tools and techniques to manage stakeholders is an undertaking that requires constant engagement at each stage of the project.
Using expert judgement a project

Project Management Institute : A Project
As stated by to the Project Management Institute, "A project is a temporary process which has a predetermined beginning and end according to the
requirement, and therefore has a set of defined scope and resources. A project is unique as it is not a routine operation. It is rather a specific set of
procedures and processes designed to accomplish the targeted goal" (Project Management institute, n.d.). A project is not a continuous or a permanent
job which needs continuous work put into it. It is, therefore, different and separated from the daily operation of a company. Since a project is an
undertaking of a company to attain some special assignments and tasks, it can be of different financial and operational sizes. Some projects can ... Show
more content on Helpwriting.net ...
A project team generally consists of people from different departments and backgrounds who are chosen by the project manager and/or senior
management for the project's successful completion. The project manager, therefore, needs to be someone who has a variety of key soft skills and
hard skills to lead the project with the help of the project team and complete it within the allocated time and budget.
It is very important for a project manager to have a planned route to follow each step of the project. "By failing to prepare, you are preparing to
fail" (Benjamin Franklin, n.d.). This saying by Benjamin Franklin should be the key mantra for every project manager. Lack of planning and
preparation means a lack of planned route for the project team to follow. This is a perfect recipe for the failure of a project. Therefore, planning
and preparing for every step of the project is very important. A planned project has a life cycle of its own. "Project life cycle is the series of phases
that a project goes through from its initiation to its closure' (Timothy J. Kloppenborg, 2014). Thus, a project has five phases – project initiation, project
planning, project execution, project monitoring and control, and project closure. All of these five phases are very important for the successful
completion of a project.
Success of

Importance Of Iterative Process Groups On Healthcare...
The Importance of Iterative Process Groups
Katina King
Breanu University
The Importance of Iterative Process Groups
Project management involves five groups of processes: Initiating, Planning, Executing, Monitoring and Controlling, and Closing. The process groups
are important to a project's flow throughout its lifecycle. The processes within the groups include the tools and/or techniques involved in applying the
skills and capabilities described in the PMBOK's Knowledge Area (Project Management Institute, 2013). This paper will discuss the importance of the
iterative process of these groups by demonstrating the need for integration and how failing to iterate the processes can affect healthcare improvement.
The paper will further ... Show more content on Helpwriting.net ...
The Project Managers (PMs) incorporated the doctors' advice into the WTIS project plans while setting predetermined deadlines for implementation
to provide a good balance between consultation and the planning group processes. The project team took the advice and created assessment tools
that required medical staff's judgment in the important decision for each patient (Healthcare Project Management, 2013). The processes arrived at
desired result by repeating rounds of analysis or cycles of medical operations. The objective was to bring the desired decision closer to discovery
with iteration. The iterative process can be used where the decision is not easily revocable or where the consequences of revocation could be costly
(Business Dictionary, n.d). To maintain equilibrium in areas of appropriateness, point of care decision support, and capacity, processes were improved
after each cycle of testing which optimized procedures' ordering process.
PMs integrated the project management processes groups to successfully manage the WITS project because healthcare projects are a part of a larger
organizational environment, and many factors that might affect the project are out of the project manager's control. One cannot simply shorten
patients' wait time because it does not ensure an improvement in clinical performance. Wait time has to

Quantitative And Quantitative Risk Analysis
Quantitative Risk Analysis – Ebony The quantitative risk analysis is a method for further evaluating the effect of proposed risks identified by project
stakeholders and teams on the ability to achieve project objectives (Heldman, 2013, p. 274). Project teams use methods including sensitivity analyses or
predictive modeling and simulation techniques to determine how the risk will affect project progress (Heldman, 2013, pp. 276,278). During the
quantitative analysis processes, each risk is rated based on its characteristics using an impact scale (Project Management Institute, 2013, p. 318). The
analysis ratings are divided into two categories, probability and impact, whose product indicates the risk's severity. Moreover, project teams use an
impact scale to organize and prioritize risks in a probability and impact matrix by project objective and impact categories (e.g. low, medium, high)
(Project Management Institute, 2013, p. 318). If the risk severity exceeds the stakeholder or project team's risk tolerances, then the project teams can
proactively monitor and mitigate risks based on their priority (Project Management Institute, 2013, p. 318).
Private Financing. The Chunnel Tunnel project team and stakeholders failed to implement risk management practices to mitigate the potential adverse
impacts of its complex project financing. Additionally, project sponsors, the British and France governments, solicited requests for proposals (RFPs)
although they were not financially

Individual Risk Management
Individual Risk Management
Craig Foster
CPMGT/303
March 17, 2014
Dr. Daryoush Tehranchi
Individual Risk Management The objective of risk management is to develop response actions to minimize the impact of possible negative events
during every phase of a project. The process also works to increase the impact of the positive events and mitigate the problems associated with making
changes (Project Management Institute, © 2013). The risks in many projects are multifaceted in nature because the positive impact created at one stage
of a project, could have dire consequences at another. For example, occasionally in construction projects, floor slabs will have design defects that will
not properly drain and eliminate ... Show more content on Helpwriting.net ...
The RMP delivers four main objectives significant to the project, by categorizing the risk into different levels for each phase and department. The risk
categorization provides the probability and impact of the risk to gain a better understanding of the impact on the project in terms that are explicit to
each, department, or stakeholder at every stage. The risk management matrix has four primary project objectives defining a plan to address cost, time,
scope, and quality. The risk management during the initial planning stages is performed the same way with adjusted tolerances because of limited
information. (Project Management Institute, © 2013). Provided below is a Risk Breakdown Structure (RBS) as defined in the; A Guide to the Project
Management Body of Knowledge (PMBOKВ® Guide). The RBS is performed on the information in the course syllabus ". Your organization has
decided that to be successful in the global economy it must expand its supply base into China" (The Apollo Group Inc., 2010). Project Risks: Internal
risks of compatibility with stakeholders and foreign lending institutions. The technical capabilitites and servicing capacity for optimum production
levels. External Risks: Implmenting organizational objectives in bureaucratic ccontext of host country and meet essential program operations. Risk

Analyzing The Root Causes Of Risk Mismanagement
Analyzing the Root Causes of Risk Mismanagement
Introduction
According to Kendrick (2009, p. 17), roughly 75 percent of projects fail when project teams refuse to adopt some form of risk monitoring and
control. Ken Black (1996), an associate professor of decision sciences, published an article listing twelve factors that contribute to the failure of
projects. The article highlighted risks, as one of the factors that can negatively affect project constraints (Black, 1996). A risk, as defined by Kendrick
(2009, p. 1), is an event or series of events that occur due to the level of uncertainty associated with the project outcome. If a risk occurs, it threatens
the success of a project because it can halt or prolong the project's constraints. ... Show more content on Helpwriting.net ...
Novice team members mistakenly assume that risks will not occur (Jutte, n.d.). Likewise, novice team members also associate the implementation of
risk management with adding extra work to an already time poor schedule without any added benefits (Kendrick, 2009, p. 21). Too, novice team
members have no frame of reference for estimating the probability of impact of risk occurrences and may adopt ineffective risk response strategies
thereby increasing the impacts of risk occurrences.
Unlike novice team members, veteran team members understand the benefits of risk management and draw upon their experience with past projects
to mitigate risks (Awati, 2011). However, veteran team members assert their individual perception when proposing approaches to risk management
based on their personal experiences (Awati, 2011). According to Awati (2009), subjective judgments such as of illusion of control give veteran team
members a false sense of security with the respect to the degree of control they have over minimizing or avoiding a risk. Likewise, groupthink is an
example of veteran team members intimidating less experienced colleagues into agreeing with an approach because they present evidence that
contradicts their resolution (Awati, 2009). Thus, all cognitive biases contain some degree of error in perception and can lead to project failure.
Project Changes During the course of a project, change is an inevitable certainty and

Explain The Makeup Of The Project Management Institute
Assignment 1.2
Explain the makeup of the Project Management Institute. Along with this list the reasons for the creation of the Project Management Institute. What is
the value of this organization?
Project management institute is a non–profit world–wide organization. It outlines the industry standardization, education, membership, research and
certification. They advances the careers, matures the project management profession, and expands the organizational success through standards,
resources, academic research, professional development courses. They offer free downloads of tools, templates, e–learning courses and offer free
training sometimes. It offers the services like standard development, publications, hosting conferences and finally offers accreditations in the Project
management. To attain the PMI credential, the member need to document first about their education and experience as it's a requirement. PMI's
advocacy for project management is by its services. These certifications provide the competency and knowledge with a PMP certification. The income
and career opportunities for credential holders denote that employer identify the value delivered by practitioner. The Project management institute
research program which is expensive but advances in the science, profession of project management. The organization is governed by 15–member
director board. Every PMI member maximum 5 directors for 3 years. The daily PMI operations are managed by executive

Organizational Project Management
Contents Acknowledgement1 1.Introduction3 2.Organizational project management4 3.OPM3 Model5 3.1.Primary physical parts of the standard5
3.2.OPM3 Stages6 4. How does the OPM3 work?7 5.Benefits of OPM3 to the organization8 6.What kind of commitment is required to launch OPM3
in an organization?8 7.Importance of OPM3 to the project management profession9 8.Summary10 9.References11
1. Introduction
Successful implementation of a new organizational strategy can turn a good organization into a great one. Conversely, strategies that fail or generate
poor results can quickly damage the organization's reputation and brand, internally and externally. Effective strategy execution is the ... Show more
content on Helpwriting.net ...
ii. The self ASSESSMENT element is an interactive database tool that lets organizations evaluate their current situation and identify their areas in need
of improvement should an organization decided to embark on the path to higher maturity. iii. The IMPROVEMENT element will help map out the
steps needed to achieve their goals.
* KNOWLEDGE element which drives Assessment * ASSESSMENT element which in turn drives Improvement * IMPROVEMENT element. 5.
Benefits of OPM3 to the organization
I. It bridges the gap between strategy and individual project. II. It provides a comprehensive body of knowledge regarding what constitutes best
practices in organizational project management. III. By using OPM3, an organization can determine exactly which organizational project management
best practices and capabilities it does and does not have. IV. If the organization decides to pursue improvements, OPM3 provides guidance on
prioritizing and planning.
6. What kind of commitment is required to launch OPM3 in an organization?
The process of applying OPM3 in an organization is difficult to quantify. It depends on factors such as the size, complexity and initial maturity of the
organization, the thoroughness of the assessment, the nature of the organization's strategic objectives, and the level of resources available also impact
any estimate.

Importance Of Project Management
Importance of Project Management
In this era of globalisation, project management has been widely utilized to enhance the competitive edge of an organisation. Project management
serves as a platform for many companies to achieve organizational excellence and success.
Project management is defined to be an application of skills, knowledge and techniques to well–planned project activities to fulfil various project
requirements. Project Management Institute (PMI) emphasizes the need to integrate several project management processes such as initiating, planning,
executing, monitoring and controlling as well as closing to ensure project success, which in turn, delivers business results in today's competitive and
hectic global economic environment. ... Show more content on Helpwriting.net ...
PMO is defined to be an entity that acts as a centralized management body to provide project management support functions, manage shared resources,
identify and develop project management methodology, offer coaching and mentoring as well as managing project management standards and policies.
(Project Management Institue (PMI), 2013)
The Boston Consulting Group BCG (2013) defines four clearly linked PMO imperatives (focus on critical initiatives, institute smart and simple
processes, foster talent and capabilities, encourage a culture of change). A strategically aligned PMO supports business by prioritising issues and
provides guidelines to project managers to execute projects more efficiently (BCG The Boston Consulting Group; PMI, 2013)
PMO ensures that the organisation invests in projects and programs that will ultimately drive its strategic vision and goals. (Anon., 2014). Greg Wood,
a PMI Global Executive Council member, asserts that strong PMO delivers two distinct areas improvement to the organisation. It assists organisations
in choosing the right projects to deliver and delivering projects correctly (Anon., 2014).
Project Management manages risks

Project Procurement Phases
Running head: ASSIGNMENT #1: PROJECT PROCUREMENT PROCESSES
Assignment #1: Project Procurement Processes
By
Sue Dickson
PMAN 641 – Project Procurement Management
Professor William C. Andersen
University of Maryland University College
February 15, 2013
Table of Contents Introduction3 Plan Procurements3 Conduct Procurements5 Administer Procurements6 Close Procurements7 Conclusion7 References8
Assignment #1: Project Procurement Processes
Introduction
According to the Project Management Body of Knowledge (PMBOK) there are four phases in the project procurement process. The PMBOK Guide
(Project Management Institute, 2008) defines these as Plan Procurements, Conduct Procurements, Administer Procurements, ... Show more content on
Helpwriting.net ...
The PMBOK Guide (Project Management Institute, 2008) states that the statement of work (SOW) should be written to be complete, clear and
concise; it should include details of any services to be required as well as specific content and format requirements for the procurement. (p. 326)
While this is meant to provide for the best vendor selection, at times my clients have not considered the SOW to be as important as it is and not
having a properly defined SOW has hindered selection of the most effective vendor. Contracting officers can only go off what has been given to them
and if the SOW is not clear, or is missing, the vendor selected through the evaluation criteria may not meet actual expectations.
The PMBOK Guide (Project Management Institute, 2008) defines procurement documents as those documents which are used to gather proposals from
potential bidders during the solicitation process. These can be collected under request for information (RFI), invitation for bid (IB), request for
proposal (RFP), request for quotation (RFQ), invitation for negotiation, tender notice or invitation for seller's initial response. (p. 326) In my business,
we generally use RFPs that follow very strict government guidance. For example, we have different conference RFP

Project Management : Common Project Failures
Common Project Failures
Katina King
Brenau University Common Project failures
All project managers (PM) want their projects to meet all requirements in a timely and cost–effective manner. However, project failure is common in
project management because of undefined uncertainties throughout the project. There are many reasons why projects fail and each project can have
its own set of complications. Sometimes it is a single incident, but more often than not, several issues that develop over time during the project
combined cause a failure. A good project manager must be able to recognize indicators of failure and take action quickly. This paper will discuss six
common reasons for project failure and insight into how to avoid them by addressing them immediately and efficiently.
Poor Planning
Planning is the most important part of any project. A project plan defines the objectives of the project and the goals to be achieved. According toProject
Management: A Managerial Approach (2012), the sole purpose of planning is to simplify goal fulfillment over the course of the project's completion.
It acts as a map by helping project members understand what they must do and the risk factors and resources they must utilize along the way. This is
a vital stage in the project completion process because when projects are poorly planned, their budgets, schedules, and deliverables may all be in
jeopardy. To avoid poor planning issues, the PM should get a good description of the

Construction Of Construction Projects Project Manager
1.Construction is one of the major industry which involves a huge amount of capital and requires human resources, equipment's, tools, materials and
proper technique (Project Management Institute, 2013). In construction projects project manager is required to fulfil the needs of the client in terms of
terms of cost, timely delivery and quality. Project manager is the one who identifies the various processes required to carry the project and is
responsible for the various activities, relative dependency among the various activities to carry out the process and thus, the construction (Project
Management Institute, 2004). Tinnirello (1999) points out that in order to complete the project on time and in definite budget a project manager must
keep track on all the activities and actual processes. A study by Gregory (2011) shows that to fulfil the expectations and needs of the client project
manager must apply proper skills, techniques and knowledge in the project. According to Sharlett (2009), the manner or way in which project manager
supervise the project has the direct influence on the result of the project. To get a utmost benefit for the money invested in a project, the project
manager must have a reliable team consisting of skilled human resources and the project manager shall work as a team leader to carry out the project
within the cost limit. (Herkeens G.R, second edition, 2014)
2.To get a desired service or result in a construction project a project manager and

Acquisition Process Analysis
The acquisition process is a vital component of project management. The requirements to ensure successful execution of a project must be logical and
efficient. It requires rigorous planning and constant improvement of the project plan in order to discover and address any potential issues that may
interrupt the final delivery. Applying proven acquisition processes and principles will aidProject Managers in creating an environment for success. The
level of detail needed during the refining activity is contingent upon several factors, such as the size and complexity of the project, the proposed
timeframe and the risks associated with the project (Career Education Corporation, 2013). My project proposal is the development of software that can
... Show more content on Helpwriting.net ...
The decision to choose a product or service from an external supplier or vendor is referred to as outsourcing. The decision to outsource a product or
service is a significant one, and the Project Manager must take into consideration additional costs, changes to schedule, deliverables, and value.
Furthermore, there are also other decision–making factors, such as the need for control over the quality, proprietary technology, time constraints, and
lack of expertise or limited capabilities of the external supplier (Project Management Institute, 2013). From a financial and scheduling standpoint, the
decision is straightforward, as the success of the project is dependent on resources available through outsourcing. Since the project is dependent on an
outside entity, the Project Manager must follow prudent measures to control the process. The first step in controlling the process is to determine the
appropriate acquisition process. One reliable process is known as Performance–Based Acquisition (PBA). Performance Based Acquisition (PBA) is a
results–oriented contracting method that focuses on outputs, and is written so that payment or contract extension is based on measurable performance.
The main benefit of using PBA is to minimize costs, while improving vendor performance (NIGP, 2012). It is paramount that diligent research and
evaluation methods are used to ensure that the best available vendor is

Abstract. Project Management Is An Essential Tool Which
Abstract
Project management is an essential tool which benefits businesses. There are numerous positions relating to it, but is it enough to categorize it as a
profession? The introduction will provide some essential definition and remind us what is the project management about. Then, I will develop two
opposed point of view on this matter, the first one answering negatively and the second one positively to the question asked above. The outlook will
be defined progressively by providing some elements required to be a project management practitioner, while keeping in mind the two current of
thoughts.
Introduction
Project management is the discipline of initiating, planning, executing, controlling, and closing the work done by a team to ... Show more content on
Helpwriting.net ...
In 2008, the United Kingdom's Association for Project Management (APM), was denied by the Privy Council for the application of the Royal
Chartered status, an act that would recognize project management as a legal profession. This rejection poses a greater problem: Is it really true that
project management is a profession that that be compared to teaching or medicine?
Are the previously cited organizations biased in their assumptions?
When technical people involved as project managers are asked this question, most of them will certainly answer by saying that they might not describe
themselves as project managers. For them, project management is a methodology they will use to deliver their projects.
A basketball player who is highly competent and earning a living at what most do for a hobby will be entitled as a professional. However, meeting
these criteria does not mean than basketball is a profession although such a player might call it his profession, his job.
In my opinion this is a false logic, project management is not a profession but a process as it scored less than 34 out of a possible 100 points when
assessed against 22 attributes defined by Zwerman and Thomas et al during a study funded in part by PMI and published in 2004. They reached the
conclusion that project management is not a profession and will likely not be one in the foreseeable future.
To become a profession, one must be able to define and control the body of knowledge. The

The Importance Of Project Management For The Business World
Introduction With aspiration of becoming a project manager, the information pertained throughout this course served as a great guide to being an
effective project manager. Being effective is the best route in ensuring a successful project. It is critical that the project is managed effective from the
beginning of the business project. While the success of a project is never guaranteed, project managers have better chances with implementing the tools
discussed from this course. I will first discuss the importance of project management to the business world. In addition, the different components of
project management such as project life–cycle management, project organizations, team building, work breakdown structure and the use of project
management software are some of the implement to be discussed as well. The software comes with the benefits that can be provided to a project
management organization. Many organizations and industries use project management as a guide to effectively manage projects. Those industries
include construction, Department of Defense contractors, non–profit organizations and governmental entities (Larson & Gray, 2014). Surveys have
been used from governments and industries to emphasize the importance of project management. The Economist Intelligence report argued that, "80
percent of global executives believed having project management as a core competency helped them remain competitive during the recession" (Project
Management Institute,

Project And Program Solutions Specialist
COVER PAGE
I am a business focused IT project and program solutions specialist.
I manage medium to large teams of technical specialists, support personnel and business consultants (both on and off shore models). I have
implemented enterprise wide applications (ERP's) including major customised software development for a diverse group of industries including
utilities and local government organisations. These included business processes changes and related change management activities.
I have international experience in delivering strategic programs of projects and services. Projects span the full lifecycle from Initial business analysis
until project handover to support and achieve both local and cross continental benefits.
My strengths include:
IT project and program management (extended project and program lifecycles),
Managing teams (technical, service delivery, service support and business),
IT department service delivery and support management.
I have the following relevant education and qualifications:
MBA General (Masters in Business Administration– in progress),
IT Diploma (structured programming),
Effective negotiation certification,
ITIL V3 and V2 (Expert level) certifications,
PMP (Project Management Professional),
PRINCE2 Practioner,
Advanced Information technology project management certificate.
I offer solid experience in the following
Program and project management,

Business and process analysis,
Product management

Mission Statement For Imt
About IMT Ghaziabad
Institute of Management Technology (IMT) is an Indian business school with its first and principal campus situated in Ghaziabad, Uttar Pradesh. It has
been consistently ranked amongst the top B–schools of the country and in the year 2013, Careers360.com, one of India's largest student community
and career counselling platform, rated IMT Ghaziabad as one of the top 10 management schools of India. Dr. Bibek Banerjee, who acquired his PhD
and MS degree in the field of Economics and Marketing from Krannert Graduate School of Management of Purdue University, is the current Director
of IMT Ghaziabad and academic mentor of IMT group of institutions (India). The Governing Council of IMT Ghaziabad has Shri Kamal Nath as the
President ... Show more content on Helpwriting.net ...
Courses Offered at IMT Ghaziabad
IMT Ghaziabad has been constantly evolving and revamping its' management education with the idea of grooming leaders of tomorrow to manoeuvre
the continually altering business landscape. The curriculum offered at IMT Ghaziabad is continuously updated in order to meet the ever–changing
requirements of the industry.
The 2 years Post Graduate Diploma in Management courses offered at IMT Ghaziabad include:
1.Post Graduate Diploma in Management – Full Time (FT) [In this program, students are free to opt for either Marketing, IT or HR as their
specialization in the 2nd year]
2.Post Graduate Diploma in Management – Marketing
3.Post Graduate Diploma in Management – Finance
4.Post Graduate Diploma in Management – Dual Country Program [In this program, students undergo their 1st year at the campus in

Project Management Body Of Knowledge Is An American...

Recommended

Recommended

More Related Content

Similar to Project Management Body Of Knowledge Is An American...

Similar to Project Management Body Of Knowledge Is An American... (6)

More from Lorri Bynes

More from Lorri Bynes (20)

Recently uploaded

Recently uploaded (20)

Project Management Body Of Knowledge Is An American...