StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Project Manager and the Project Management - Essay Example

Comments (0) Cite this document
Summary
Name: University: Course: Tutor: Date: Executive summery: The Scottish parliament building at Hollywood, Edinburgh has been assessed by ECD energy and environmental sustainable development group as one of the most complex designed house. The Queensberry house and MSP building have both achieved an excellent rating under the bream 98 for offices criteria, where as the assemble building has achieved executive rating under the bream 2002 criteria…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95% of users find it useful
Project Manager and the Project Management
Read TextPreview

Extract of sample "Project Manager and the Project Management"

Download file to see previous pages All these were made possible by having a well planned and construction project. Introduction: The perennial contradiction created by aspirations of designers, owners and constructors have gone “mission critical’ in the recent economic times. Pressure is mounting on the owners to save time and cost in all aspects of construction, where as the designers are struggling to conserve utilization rate at satisfactory levels and contractors are trying hard to maintain cash flow and a healthy order book. The owners have always expected to have an expeditious, quality with a maximum functionality at a least capital cost. From the designer’s point of view, the owner invariably wants a good and sound design at minimum cost and often in an overly optimistic timeframe. Therefore this paper will analyze all the factors which contributed to the success or failure of this construction project based on the following three managerial primary elements which are the major determinate for the success of the construction project. Managing costs of the project, accomplished through accumulating, organising and analysing data and reporting cost time and performance information through formalised methods and structures. Managing time planning, scheduling and controlling the project to achieve the time objectives through recognised control methodologies Managing the human resource, directing and co-ordinating the administration of people involved in the project such as dispute resolution. Managing costs of the project: Contract cash flow The contractor’s business model relies heavily on cash flow, despite this key factor, subcontractor normally sign up to ‘pay only when paid’ contract provisions which severely hamper their cash flow. For contractors and designers who are so anxious in maintaining cash flow are always tempted to make low-ball bids so as to win many tenders. Before making such decision, it is advisable for these designers and contractors to make sure that they are properly informed on the following about; risk profile of the project, any provisions cascaded from other contracts, their liability, security required, notice period claim, warrantee provided, ramification on the mindset of staffs and the payment terms. To avoid contractors being preoccupied with money worries, owners must offer better payment terms as well as prompt payments. To the contrary, the practice where owners decide to give service providers and contractors a run around when it comes to the bona fides invoices is becoming so prevalent. In doing these, owners are unnecessarily prejudicing the survival of contractors and service providers alike. Inevitably some companies will be struggling to meet the payment schedules, and therefore in such situations, the company should seek to renegotiate the terms of payment at an earliest possible opportunity. Managing time planning, scheduling and controlling the project: Construction scheduling and updating The need for a well developed critical path method scheduling has become more and more pertinent in undertaking projects. The CPM schedule can greatly increase the chance of completion on time while minimizing the incidence of any claims. Once an appropriate CPM is in place, the following will be achieved: Improved planning ahead of ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Project Manager and the Project Management Essay”, n.d.)
Project Manager and the Project Management Essay. Retrieved from https://studentshare.org/business/1438148-aim-explore-the-role-of-the-project-manager-and
(Project Manager and the Project Management Essay)
Project Manager and the Project Management Essay. https://studentshare.org/business/1438148-aim-explore-the-role-of-the-project-manager-and.
“Project Manager and the Project Management Essay”, n.d. https://studentshare.org/business/1438148-aim-explore-the-role-of-the-project-manager-and.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Project Manager and the Project Management

Global Challenges for Business Management and Leadership

This section aims at understanding the challenges faced by the United Nations due to political conflicts. In the summer of 2007, an issue in the Politically Speaking, the DPA had highlighted the increased focus on the conflict meditation. This report had also highlighted the interview with the Under-Secretary-General for political affairs. In the interview, he defended the UN against all the criticism and he also highlighted the need for finding political solutions for issues around the world. The interview also highlighted the importance of results to show the effective working of the UN. This interview also highlighted and urged critics to look at the positive along with the negatives of the UN. “The UN has knowledgeable a...
7 Pages(1750 words)Research Proposal

Customer Relationship Management

 Consumers started looking for variety and lower prices. Through the use of technology, such customer tradeoff against variety and prices is not necessary. The US life insurance industry is large, mature and dominated by a number of large companies and this industry has been one of the early adopters of computer technology (Subramanian & Chatterjee, 2007). The advent of the CRM systems changed the landscape of the insurance industry.

The health insurance organizations use CRM to prepare health proposals and process applications in a much faster and accurate way. The organizations are better able to understand the needs and habits of the customer and provide more efficient service. Companies are able to integrat...
9 Pages(2250 words)Case Study

Diversity Management in Organisations

...Managing Diversity in Workforce Contents Introduction 2. Diversity Management: Challenges and Benefits 2 3. Managing Diversity 3 3 Significance of Involvement culture 3 3.2 Impact of Organizational Ethnicity on diversity 4 4. Best Practices to Manage Diversity 4 5. Conclusion 5 6. Bibliography 6 1. Introduction “Diversity” characterizes the massive amount of individual divergences that subsists amid persons. Workforce diversity is a gathering of the resemblances and discrepancies between workers in such sorts as “age, sexual category, cultural inheritance, physical capability and race.” (POLLITT, David, 2006) As of today, diversity in the place of work is widely acknowledged as an advantage that contributes to a business institution’s base...
6 Pages(1500 words)Case Study

Active Directory - Security, User, and Resource Management

Administrators make use of group policies to launch principles for desktop predilections and software. For many corporate information technology groups, concurrence with group policies to identify what software should be presented to each category of user, even without human intervention installing it on demand from a corporate server (Silberschatz, Galvin, & Gagine 2002. P. 838). The capability of the AD was introduced in the year 1999, its initial release was with the MS Windows 2000 Server Ed., additionally personalized to spread out functionality, security parameters and build up administration in MS Win Server 2003. The most recent better facilities and efficient edition of the AD are introduced in the Windows Server 2008...
6 Pages(1500 words)Report

The Management, Leadership and Teamwork Competencies Required by a Small Business Owner

On the other hand organizational leadership is defined as the ability based on the specific skill of an individual to lead his/her subordinates in a manner that pre-planned organizational goals could be achieved within the defined time-frame.

According to Burns (1978) and Bass (1985), transformational leadership has a set of category constructs such as values, morals, farsightedness, long term goals, principles, acute awareness about the dividing line between causes and symptoms, mission statements, strategic perspectives, and human resources. Similarly, they identify a set of category constructs in the transactional leadership also. For instance concentration on the task at hand, short term goals and tactics, confusion co...
6 Pages(1500 words)Coursework

Management: Social Responsibility and Ethics

When we speak about business management, most people talk about the core business functions like strategies, products, training & development, management of various departments of the business like marketing, production, planning, etc. Social responsibilities and business ethics are the least communicated topics in the business community because of the least preference given to the non-productive sectors by organizations. Most of the greedy organizations spent millions on the research and development for improving their competitive power in the business world, but they often keep a blind eye towards their responsibility towards ensuring proper ethical standards in their business activities. Organizations that underestimate the...
6 Pages(1500 words)Coursework

Project Planning Human Capital

Project planning involves a lot of factors and areas that we need to address for the effective management and handling of the project. The aim of this report is to provide a deep insight into some of the main areas that we need to address for the project of Adams's family farmhouse renovation. These issues are project team communication, project risk management, and deadline handling. Effective communication in a project provides a huge advantage regarding the better working and handling of the project. I have selected a very significant project regarding the preservation of the old and historical places. Here we require effective communication to provide better interaction among the designer, developers, and history preservation...
8 Pages(2000 words)Coursework

Information Security Management

Security is a group of activities that include the policies, measures, and actions which are utilized to stop unlawful access or alteration, theft, and physical damage to information or computer. Security can be supported by an assortment of techniques and tools to safeguard computer hardware, software communications networks, and data (Laudon & Laudon, 1999, p. 502). In the modern age of information technology, there are many threats happened for organizational information. We need a security model that has the ability to manage and secure our information reserves. Technical administrative safety /security measures like security plans, actions and techniques are the main practices for the organizational information security m...
10 Pages(2500 words)Research Paper

Self Assessment: Conflict Management Style

...Please indicate Self Assessment: Conflict Management Style The assessment on conflict management that I took suggests that I am the type of person who tends to cooperate and work with people to achieve a desirable outcome. It suggests that when I am faced with a conflicting situation, although I listen and consider other viewpoints included in the discussion, I carefully evaluate and analyse every detail in accordance to my own. It depicts that I welcome other ideas or arguments but not easily swayed by them for I tend to make my point be heard and accepted as well, creating a really interesting discussion that in turn promotes a win-win situation. Furthermore, the assessment also indicated that second to collaborating attitude, I also...
7 Pages(1750 words)Essay

Management Theory and Practice in the Early Childhood Education Industry

...Management Theory and Practice in the early childhood education industry This Report applies management theory into practice in the early childhood industry, especially in the context of women leaders. Management issues play a significant role in the academic sector, because early childhood professionals need higher levels of motivation in order to avoid burnout . As pointed out in a study by Osgood and Halsall (2007) where they carried out research to examine the position of women in leadership or management positions, a “glass ceiling” exists for women in the academic setting, which could significantly impair motivation. Since many of the individuals employed in the early education sector are women, addressing this issue is even more...
6 Pages(1500 words)Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Project Manager and the Project Management for FREE!

Contact Us