Business project managment - Essay Example

Comments (0) Cite this document
Project management is however the use of a process or method knowledge and skills as well as experience in order to achieve the aim often project. Projects…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.1% of users find it useful
Business project managment
Read TextPreview

Extract of sample "Business project managment"

Download file to see previous pages This also ensures that the company stays up to date as a project involves research into the market and the references of the stakeholders. However, a project cannot imply exist on its own without any particular order. It is for this reason that every project has its own unique management. The management leads the organization towards the direction of achieving the objectives of the project. This is done through decision making the analysis of the progress of each project.
It is also important for the project managers to balance the finances while handling their projects. This is in terms of the cost time and quality. Although the organizations are looking for a way to boost their profits through the use of projects, it would not be wise to utilize all the funds of the organization to fund projects. It would be harmful in that the organization may end up suffering in other areas. These areas may include the lack of money for salaries or expansion. The project management is put in place so as to make sure that the costs involved in running the projects are valid and reasonable. Project management also involves the managers being time conscious and making sure that they eat the deadlines of their projects on time. This will also ensure that no unreasonable costs are incurred in extra time spent working on a project. Due to the importance of the project in boosting the economic status of the company, the project management is also responsible for ensuring that there is quality in the outputs of every project. Quality leads to more sales and demand from the customers. They have to look into all the aspects of the project and in their planning of the project make sure that they are all leading to achieving the goal and objective of quality output. They also ensure that the four life cycles of a project fall in place; the project initiation, project planning, project execution and ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Business project managment Essay Example | Topics and Well Written Essays - 2000 words”, n.d.)
Retrieved from
(Business Project Managment Essay Example | Topics and Well Written Essays - 2000 Words)
“Business Project Managment Essay Example | Topics and Well Written Essays - 2000 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Business project managment

Project Managment

...Directions for America’s Infrastructure. Washington D.C.: Center for Strategic and International Studies Press Haugan, GT 2002 Project Planning and Scheduling. Management Concepts, Inc., Vienna, VA. Kerzner, H. 2009 Project Management: A Systems Approach to Planning, Scheduling, and Controlling. John Wiley & Sons, Hoboken, NJ Khan, A 2006, 'Project Scope Management', Cost Engineering, 48, 6, pp. 12-16, Business Source Complete, EBSCOhost, viewed 15 November 2012. Knox, J 2011 ‘Edinburgh Trams: Lessons to be Learnt and Progress to be Made.’ Caledonian Mercury. September 8. Retrieved 13 November 2012 from...
4 Pages(1000 words)Essay

Project MAnagment

...? Use of Program Evaluation and Review Technique in Building a New House ID: Project Management Code: BUS407 Semester: Winter 2013 Instructor’s Name: Dr Rehab, Dr Kais & Dr Mohamed Abstract The use of network techniques in completion of project works has been found to have positive impacts on the management of a project. PERT technique allows a complete project to be divided into its individual tasks and the time durations that these activities need such that the estimation of the completion of the total project can be done. The technique enables the determination of the earliest times when an individual task may be started and hence determines the critical path or the longest path of the project. This particular research takes... into...
8 Pages(2000 words)Essay

Project managment

... to be capable of being implemented in practical industry scenario. The project manager should preferably be selected from military background. Considering advantages of this structure and overcoming demerits mentioned above, this structure can be easily applied to operate projects successfully. Works Cited Galbraith, Jay R. "Matrix organization designs How to combine functional and project forms." Business Horizons 14.1. 1971: 29-40. Print. Public Health Emergency. "A Sample Subcontractor Management Plan." Preparedness Home - PHE. PHE.Gov, n.d. Web. 22 June 2013. Whelan, John W., and George H. Gnoss. "Government Contracts: Subcontractors and Privity." Wm. & Mary L. Rev. 10. 1968: 80. Print.... Project...
3 Pages(750 words)Essay

Project managment be higher and performance appraisal would not only be monitoring the volume of output but also the quality that is being provided. Risk Management It is a business expansion idea that Johnsons are working on. The extension of the facility would increase the capacity by 50%. It is the purpose of the project to extend the abilities of the company and increase the customer base with the revenues. Thus it is not that easy the extension of the facility would mean increased risks for the company thus the risk management holds the double importance for the Johnsons both keeping in view the nature of their business and the decision of extension that is being...
8 Pages(2000 words)Assignment

Project Managment

...?Project Management of the of Teacher Contents 0. Executive Summary 2 2.0. Introduction 2 3.0. Discussion 3 3.1. Case study 3 3.2. Designed Capacity 3 3.3. Effective Capacity 3 3.4. Actual Output 4 3.5. Utilization 4 3.6. Efficiency 4 3.7. Project Management Plan 5 3.8. Elements in a project 6 4.0. Conclusion 8 5.0. Recommendations 8 6.0. References 9 1.0. Executive Summary In this paper, there are set of questions that I am set to set to answer in compliance to a course that I am enrolled in. I will be discussing some salient points relative thereto project management and will also discuss how these key points will contribute to the enhancement and achievement of targeted company goals. The matter will be answered in accordance... to the...
8 Pages(2000 words)Essay

Project Managment

... is continuing to increase due to the fact that the methods, techniques and processes involved form an integral part of project and business management. Appendix 1 Scantel Network Diagram Appendix 2 Event Listing Bibliography Smith, Guy, Merrit, Preston, (2003) Evaluating risk: undertaking new ventures need not include unexpected losses. By systematically evaluating possible problems at the beginning of a new project, nasty surprises can be kept at bay.(risk management ). The Basics of Project Risk Management, Part 1; Chapter 1 Page 11, 2004 Norris, Perry, Simon ( 2000) Project Risk Analysis, The Association for Project Management.... ...
8 Pages(2000 words)Essay

Project Managment

...Introduction to project Management work Project Management and planning report To Table of Contents Introduction 3 2. The project Brief 3 2.1. Statement of Requirement 3 2.2. Scope 3 2.3. Strategy 4 2.4. Stakeholders 4 3. Risk Management 4 4. Project Planning 5 4.1. Project WBS 5 Project Tasks 7 4.2. Dependency Table 7 4.3. Critical Path Analysis 7 4.4. Network Diagram 8 4.5. Gantt chart 8 4.6. MS Project Chart 9 4.7. Project network 10 5. Project Execution 10 5.1. Start Up 10 5.2. Motivation and Leading the Team 10 5.3. Managing Time 11 6. Project Control 11 6.1. Monitoring time, Cost and Quality 11 6.2. Managing Change 11 7. Project Reports 12 8. Project Close and Post Project Review 12 9. Conclusion 12 10. Bibliography 12 1... ....
6 Pages(1500 words)Essay

Project Managment sales and marketing with over five years experience in active market research; the project will need a research manager who must have a solid background in information communication technology as well as solid background in data analysis and interpretation. The company will engage ten market research assistants to collect data from the three thousand five hundred business executives. MarketWorld Ltd will provide three cars. The cars will be used as follows; one for the research director, second for the research manager and the third for contingency purpose. All research assistants will be reimbursed transport expenses or mileage. The time that have been provided for...
20 Pages(5000 words)Assignment

Project Managment

...related to maintaining quality stakeholder relationships. Planning involves a focus on human resources development, maintaining quality in not only construction but in collaboration and controlling process and resource allocation in the most cost-effective method available. Both the Forth Bridge and Thermae Spa encountered delays and complications during the renovation phase, however in relation to planning, control and stakeholder service, both projects met or are meeting their intended goals. This is the nature of project management: “Ongoing, high quality business relationships with customers have been recognised as a source of competitive advantage…the ability to...
8 Pages(2000 words)Essay

Project managment

.... If over a decade earlier these scholars had seen the impact of SCM on customers and how the concept affected business, the it is fair to conclude that the article; The seven principles of Supply Chain Management was clearly ahead of itself. To address the unique customer demands within a supply chain, segmentation is necessary so that each cluster with identical characteristics is serviced in a peculiar manner that meets their uniqueness. EBay, one of the leading global online marketplaces, has adopted a unique model in its supply chain where for an extra cost, customers with need to urgent delivery are supplied within the stipulated time and the purchased products discounted. This is an indicator of...
6 Pages(1500 words)Assignment
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 Business project managment for FREE!

Contact Us