Nobody downloaded yet

Project Goals - Essay Example

Comments (0) Cite this document
After completing the Achieving Project Goals simulation I learned a lot of new things about project management that changed my perspective on the academic discipline. In the past I thought that project management was an easy job that entailed delegating a lot of work and keeping track of the tasks the employees performed…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.4% of users find it useful
Project Goals
Read TextPreview

Extract of sample "Project Goals"

Download file to see previous pages One of the simplest concepts from project management that I learned that is very important for the functionality of a project is the fact that projects are tracked based on deliverables. The sequence of deliverables determines the project map. In the first round of the simulation I had to create a sequence of deliverables needed to transport the elephants from Zaminaka National Park to Ungoba National Park. The exercise of creating a sequence of activities was an example of a work breakdown structure. I learned from the simulation that project managers have to adapt to the situations based on circumstances and that minimizing risks is important in order to improve the possibilities of successfully completing a project. Project managers must make decisions based on tradeoffs between time, cost, and performance. The simulation shows that despite all the planning unforeseen circumstances occur. A reality about the business world is that a lot of projects are going to fail. In the pharmaceutical industry it takes approximately $800 million dollar to develop a new drug due to the cost of all the failed new drug projects the company has to absorb. The expenses that a company incurs in a failed project are considered sunk costs (Economist). The use of work breakdown structures is an advantage of the application of project management. WBS enables the project manager to accurately track the time of completion of many deliverables. Even if a project has over 100 deliverables to be completed the correct implementation of a work breakdown structure will ensure that the project manager can manage time and cost of the project effectively. A major limitation that was illustrated throughout the simulation was time. When a project gets delays it causes a ripple effect that affects all future deliverables of a project. Time becomes more sensitive when dealing with the health of live creatures. It is the responsibility of mankind to protect the animal kingdom and the endangered species. Another advantage of the use of project management is that it provides a flexible leadership structure that employees understand. The project manager is the person responsible of the project, but he depends on the self-discipline and leadership skills of all the team members. Project management also offers advantages to a corporation such as the ability to separate special projects away from the normal operations of the firm. A project manager can focus on the performance of a specific project without worrying about the implication the project has on the corporation as a whole. A way to minimize the effects of bottlenecks on an operation is by performing adequate preparation. It is important to categorize the different types of bottlenecks. Seven types of bottlenecks are staffing, budget, people issues, client dependencies, vendor dependencies, task completion, and process dependencies (Sisco). Once bottlenecks are identified the project manager can develop contingency plans to deal with different scenarios based on each bottleneck category. All the alternative solutions to deal with different types of bottlenecks must be documented by the project manager. As a project manager if I was required to crunch a project and I had to select between sacrificing risks or time I would sacrifice the risk variable. Once a risk is identified even if a company incur in the risky behavior there are ways to minimize the e ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Project Goals Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Retrieved de
(Project Goals Essay Example | Topics and Well Written Essays - 750 Words)
“Project Goals Essay Example | Topics and Well Written Essays - 750 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document



...?Client’s 28 July Pedagogy is an art and not everyone can do it effectively, pedagogy is like painting only a very few people can leave a lasting impression on a canvas and only the best teachers can leave a lasting impression on the minds of their students. It is essential for every teacher to set realistic goals, setting unrealistic goals is hardly good enough and will lead to frustration and disappointment. This paper will shed light upon different goals set by me; these goals are short term (3 months) medium term (6 months) and long term (12 months). The first short term goal is communicative competence, communication is the key these days and it is...
3 Pages(750 words)Essay

The overall importance of the Millenium Development Goals project

...?Running Head: Millennium Development Goals Project Millennium Development Goals Project [Institute’s Millennium Development Goals Project The objective of the Millennium Development Goals Project is to support growth by recovering communal as well as financial state of affairs in the world's poorest nations. They originate from previous global expansion aims, and were formally recognized following the Millennium Summit during the year 2000, where all world leaders attending the summit approved the United Nations Millennium Declaration (Brinkerhoff et al, p. 182, 2008). The Millennium Summit was offered...
10 Pages(2500 words)Essay

Post Project Implementation Audit; Office Move Scenario

...? Post Project Implementation Audit; Office Move Scenario Lecturer: Introduction The office move scenario provides a lesson learning activity to be used in future project of similar nature. The audit serves to evaluate the project goals and achievement. This is measured against the initial project plan, the budget estimates, time schedules, the conformance of deliverables to specifications and customer satisfaction. Project goals. Was the project goal achieved? This serves to ask whether the project goals were achieved. The goal of this...
3 Pages(750 words)Coursework

Project Part 1: Project Gap, Goals, and Stakeholders

...? Project Part Project Gap, Goals, and Stakeholders Project Part Project Gap, Goals, and Stakeholders Cleveland Clinic has a comprehensive health information management system that effectively handles information related to admission, census, hospital supplies, human resources, patient access to information, and most recently, the announced population management (Perna, 2013). However, gaps do exist in the systems in terms of service delivery. These gaps include the system being developed in a “quick-and-dirty” the system administrator will never know when everything collapses. Its documentation is not satisfactory and there is plenty of...
3 Pages(750 words)Research Paper

Customer Retention and Loyalty

6 Pages(1500 words)Essay

Goals Setting

...Goals In regards to the tips for interns that I am not likely to accomplish without prodding would probably be finding a suitable mentor. It was argued that by developing a mentoring relationship I might be able to gain direct expertise from somebody who is already established in the field of auditing. It could be argued that given the unique nature of auditors who have to take on a tremendous amount of work with a fine attention to detail, it may be difficult to establish this meaningful professional relationship in such a short amount of time. Failure to accomplish this task would probably result in several negative consequences. Firstly I would probably not make a lasting impact on the overall management of the firm...
1 Pages(250 words)Assignment

What your academic objectives and career goals are and why you feel some formal training in cost engineering, estimating, planning and scheduling, and project management will be an asset to you in the future

...Task Engineering and Construction Essay This piece offers a succinct review of my academic objectives based on the existing literature, career goals and the reasons why I feel that proper formal training in cost engineering and aspects pertaining to estimation, planning and scheduling, and project administration will be an asset to me in the future. In order to highlight my academic objectives, it is paramount to acknowledge that I am passionate about technology and engineering thus I focus sharpening my academic ability thus providing essential knowledge and skills that enable one to be effective in the global platform (Royal 71). Whilst studying B.S civil engineering, I noted that the society needs...
2 Pages(500 words)Scholarship Essay

Students research a hospitality facility development of your choice. An individual report outlines the project, its history, challenges and overall successes in terms of the perceived original goals, integration of sustainable design and practices and acc

...of promotional strategies have been undertaken by the management to promote Bellagio as another name for luxury and beauty. Apart from this, the environmental aspect has also been given much importance and measures to optimize the usage of natural resources have been taken. 3000 rooms of Bellagio are always occupied round the year, so it is really difficult to get vacant rooms. This depicts that the over luxurious hotel does enormous business to earn good profit. Table of Contents Executive Summary 3 INTRODUCTION 5 BELLAGIO IN LAS VEGAS 5 History of Bellagio 5 Build quality 6 Integration of Sustainable Design and Environment 7 Marketing Strategies 9 Aims, Goals and Challenges 10 Economic viability &...
10 Pages(2500 words)Research Paper

Group Assignment - Project Goals and Purpose

...Project Goals and Purpose Affiliation: The project aims at showing clearly the linkbetween value, culture and high performance of a company. This will be demonstrated through dwelling on the issue of value and its importance to an employee and the company. The other objective is on how culture which is created more by the employees and linked to the values and goals of the company propel increased performance, lead to gaining competitive advantage in the industry and leads to the general results of job satisfaction. The two main objectives on values and culture combined will provide evidence of the high performance in any work place. The project will...
1 Pages(250 words)Essay

Project goals, scope, limitations and conclusion

...Project Goals and Scope The main objective is to become a leader in the sell and distribution of Cyrene and third party solvents to customers in Australia and New Zealand. More specifically, the project aims at, Striving for a continuous improvement of the business while, considering key factors such as security, safety, health and environmental protection. Achievement of this goal is through behavioral changes, adapting operations to the modern standards as well as adapting fresh innovative process. Selling and distributing solvents of high quality and at a lower cost than the other players in the industry. Efficient methods of distributing and selling these solvents...
3 Pages(750 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 Project Goals for FREE!

Contact Us