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Project Management: opening a new building - Essay Example

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The project is being carried out to prepare a report about the opening – for trade – the new building and outline the activities required to successfully manage this new initiative, ensuring that it is on time, and within budget…
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Project Management: opening a new building
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Download file to see previous pages 6) Limitations of Network Diagram The network diagram has the following Limitations: Specific issues and problems with a particular activity or task are not addressed by the network diagram. More sophisticated graphical tools are available which are easier to understand and draw than that of network diagram. Cost related issues are overlooked in network diagrams. Task 2 As Project Manager responsible for the opening – for trade - the new building, you are contracted at the feasibility stage. You are required to prepare a report (2,000 words). From a project management perspective outline the activities required to successfully manage this new initiative, ensuring that it is on time, and within budget. The analysis should include the skills and competencies required by the Project Manager, along with the project management process. Use examples of the concerns, stages, processes, leadership, and administration and control problems associated with managing the lifecycle of this major project. Opening a new building can be a time of dread as well as excitement. Excitement refers to the new productivity, yield and boost that it will give to the business, heightened efficiency and service, new technology whereas dreads are the risks that can be very substantial. Project Management Project management is the way of conducting major changes and in an organization. A project, at times, can be something not related with the primary activities of the business. In businesses and organizations, project management refers to introducing new changes in the organization. These changes can belong to any area or function, for instance: Products and services IT and communications People, management and staffing Materials,...
The intention of this study is project management, the way of conducting major changes and in an organization. A project, at times, can be something not related with the primary activities of the business. In businesses and organizations, project management refers to introducing new changes in the organization. These changes can belong to any area or function, for instance:
• Products and services
• IT and communications
• People, management and staffing
• Materials, manufacturing and production
• Purchasing and outsourcing
• Professional and legal
• Business development
• Human resource training and development
• Health, quality and safety
• Marketing, selling and sales
• Customer relations and services
• Scientific, technical, research and development
• Premises and building
• Administration, finance, merger and acquisition
Project Management Process
1. Specification of the Project
2. Planning the Project
3. Communicating the Plan to the Team Members
4. Delegation of Project Actions
5. Motivate and Manage
6. Monitor, Measure, Check and Review the Project Process
7. Completing the Project
8. Follow-up
Project specification includes scope, parameters, participants, outputs, range, timescales and budgets. A good project manager consults and discusses all the project specifications with relevant authorities, supervisors and team members. Project specification gives an overview about the degree of success and completion time of the project. ...Download file to see next pagesRead More
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