Nobody downloaded yet

Project Management - Essay Example

Comments (0) Cite this document
Project Management Project management, as the name implies is the management of any project. Management of a project includes several tasks that are ranged right from the conception of the project’s idea till its culmination and delivery. Tasks included in the management of a project include but are not limited to assessment of risks before in the initial stage, identification of ways to mitigate those risks and preferably their conversion into opportunities, estimation of monetary, human and all other kinds of resources and their arrangement, acquiring various kinds of insurances for the project, planning the project, allocation of resources to the project, management of resources accordin…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98% of users find it useful
Project Management
Read TextPreview

Extract of sample
"Project Management"

Download file to see previous pages In the contemporary age, there is a lot of competition in the market. In order to gain competitive advantage, companies are trying to make their systems perfect. There is no room for deficiency because the clients have a variety of vendors to choose the services from. In such circumstances, proper management of the project ensures that the project is completed on time, within budget and with least inconvenience to any of the parties involved in the project. Project management adopts a pro-active approach to assess and manage the potential risks of the project which is beneficial for all parties in the long run. Successful project management promotes business. Lifecycle of a project can be divided into four phases, namely project initiation, project planning, project execution and project closure. Project lifecycle management is basically the management of these four phases of the project. Each of these phases has its own crucial aspects that need to be managed. For example, in the project initiation phase, risk assessment and mitigation is primarily important. In project planning, selection of the plan that is the most cost-effective among all is mainly important. In the project execution phase, supervision of the work is the most important whereas in the project closure stage, clarifying the snag list prepared by the consultant or client and acquiring the payment is primarily the work of the project manager. Project management is extremely important for an organization because it enables the organizational personnel to do the work in an organized manner. When the majority of risks have been timely identified and catered for, work flows smoothly and so does the cash flow. This allows the finance department to generate the salaries on time and everybody is happy. The peace of mind thus achieved enables the organizational personnel to optimize upon their capabilities and they are able to give in their best for the organization. Hence, project management is vital for the success of an organization. Planning is one of the most fundamental concepts of the project management. Planning means determining how the work will be executed. There can be numerous ways to attain the final product. The goal of the project manager is to select such a plan from among a variety of options, that consumes the least resources, is the least time-consuming and yet leads him to the product without compromising upon its quality. In order for a project manager to identify such a plan for a particular project, it is imperative that he carries out a comprehensive research to brainstorm himself with the possible alternatives that can be adopted to get the project executed. While doing the research, the project manager should see how a project of a specific nature has been executed in the past, what potential benefits and drawbacks were identified by the project executers of using such a plan after it had been executed, and what ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Project Management Essay Example | Topics and Well Written Essays - 1500 words”, n.d.)
Retrieved de https://studentshare.org/management/1391725-project-management
(Project Management Essay Example | Topics and Well Written Essays - 1500 Words)
“Project Management Essay Example | Topics and Well Written Essays - 1500 Words”, n.d. https://studentshare.org/management/1391725-project-management.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Project Management
t scope, budgeting cost of the project, scheduling deadline, maintaining quality throughout the project deliverables (Kerzner, 2013; Cooke-Davies and Arzymanow, 2003). Organizations use ‘The Portfolio, Programme, and Project Management Maturity Model (P3M3)’ to assess
6 Pages(1500 words)Essay
Project management
The essay discusses the factors that contributed to the success in the construction of this major building project. The Scottish Parliament Building in Edinburg was designed as a parliamentary complex meant to house 129 members of parliament and close to 1000 civil servants and staff. This building was a very serious project because it aimed at creating a poetic union between Scottish landscape, its culture and its people.
4 Pages(1000 words)Essay
Project management
This requires the hiring of competent project managers who will conduct a good and successful project management. By definition, project management refers to the discipline of securing, planning, organizing and managing available resources with an aim of achieving a successful completion of a project and the attainment of its goals and objectives (Bjarne 2007).
8 Pages(2000 words)Essay
Project Management ( Humanitarian Project)
The importance of logistics increases greatly when the main purpose of the project is to deliver food and basic aid to individuals suffering from malnutrition and poor living conditions (Thomas, 2003). Logistics basically encompasses a number of processes and methods to ensure a smooth flow of materials and resources from a place where they are manufactured or produced to the area or place where they are needed.
14 Pages(3500 words)Essay
Project Management: Project Review
Taipei 101 tower is a huge project. It has had to experience various risks and challenges during its construction and implementation. But Taipei 101 towers were eventually built by
11 Pages(2750 words)Essay
Project Management
ct development from start to finish.1 Project management techniques are applicable to all types of projects and these techniques or methods not only make it easy for the project managers to control all phases of project management effectively but also these methods are widely
2 Pages(500 words)Essay
Project Management
The techniques are composed of established strategies or doctrines that can be tailored and applied to a specific situation. In project management, these strategies could be a list of tasks to be consummated, a definite approach, outlines, methods, and even
2 Pages(500 words)Essay
Project management
A supportive organizational culture encompasses interaction between departments, commitment from employees, project planning as well as
1 Pages(250 words)Essay
Project management
5. Project Quality Management: This is a key aspect of a performing organization since it is essential to project management. It
1 Pages(250 words)Essay
Project management
This paper explores project management discipline in the context of the construction project, Scottish Parliament Building located at Edinburgh. The building was designed in 1998 by Enrich Miralles, one of world’s renowned architects, the project was estimated to cost $75 million but it was completed in 2004, after six years six years at a cost of about $830 million.
4 Pages(1000 words)Essay
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 Management for FREE!
logo footer
Contact us:
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us