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Project Closure and Assessment - Essay Example

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Project Management Name Institution affiliation Tutor Date Project Management Project running and completion requires a lot of expertise and well formulated strategies. If the initiation stage of a project fails, the closing part will be unlikely to have positive results…
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Project Closure and Assessment
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Download file to see previous pages In an argument by Bartlett (2004), basing a project on financial estimates is disregarding the elasticity of the corporate market. If a project greatly involves construction operations, the procurement process should be well managed and developed. In construction, quality matters. If the quality assurance is not provided, the project prospects will not be achieved. Apart from the procurement process, the staff at large should be well placed to support the whole project. If need be, organizations are advised to outsource high risk operations. Outsourcing increases the expertise employed in the project and it shares the risk involved in the whole project. The paper will focus on the Woody project and how well it was managed. It will provide an insight into the procurement process in the project. The startup was poorly managed in this project. In appropriately managed startups, organizations usually have effective production processes. After every project the startup usually determines whether or not the project was successful. Managers and owners have the obligation to inspect the results of the outcomes to determine whether or not it is according to the specified plan. In words by Bartlett (2004), managers and owners of organizations provide the first determination on whether or not the project was successful. However, this is usually not an assurance of success. If the production process fails to kick off as expected, the project is viewed as failure. In the case of Woody, the owners of the building did not inspect the manner in which the construction was conducted. After this, the setting off of the production process was very poor. Every single operation was behind schedule as the effects affected the company’s consumer base. It was poor management in that the owners of the company did not come up with any completion procedure after a period of years. There was no plan whatsoever that was formulated to foresee the transition from the old operation system to the new one. If the project were properly managed, there would be a procedure for inspection of the building by the owners, acceptance of the new building, testing of the new machines and the launching of the production process. The result of this poor management was harsh. The usual maintenance process carried out after every two weeks did not take place in time. Consumer deliveries were delayed by a period of two weeks. Several contractors also canceled the contracts citing insecurity and exposure to high levels of risk. The sale of finished goods also declined significantly. After the period of two years it was clearly evident that the project was poorly managed. The results seen at the startup after the completion of the project were diminishing. According to Wirick (2011), the success of a project is measured by its ability to comfortably upgrade the production process. In the Woody project this is not evident. To worsen the situation, its normal production process was negatively affected. Looking at Woody two years ago, the production process was much better. The procurement process in the Woody project was also tampered with. This can be translated to supply of goods of low quality. Kerzner (2010) argues that the supply of goods during a project is also a key to its success. In a proper managed project the procurement process is easily monitored and certified. In Woody’s case, the payment made to suppliers was not effectively consulted. Paying for services in consideration of ...Download file to see next pagesRead More
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