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Phase 2 Weekly Discussion - Assignment Example

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Phase 2 weekly discussion Name Name of institution Professor Course Date Introduction Project management of an organization is the effecting of an organization’s strategies by use of relevant projects. This study establishes that, organization project management involves numerous aspects, which include program management, project management and portfolio management…
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Phase 2 Weekly Discussion
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The fundamental benefit of organizational project management is to facilitate understanding of the organizational processes that influence the capability to mange the delivery of projects. This paper intends to answer questions such as how project management is viewed within organizations, what the value can be brought by project management into the organization and what barriers that might exist amid the field of project management. This paper examines these questions in relation to tier application to the HLR Inc (Harry & Schroeder, 2000).

How is project management viewed within organizations? Not all the firms view project the same. Some believe tat it is a way of achieving goals while other firms perceive project management as a hazard. Project management being a specialized field, which needs expert demonstrated knowledge in particular sections of business of appraising and pointing out specific project risks with an intent of reducing portentous threats and capitalizing in every prospect that would benefit the project (Deeprose, 2002).

Essentially, project management is under valued skill by majority of the project managers. This is because it is dependent on diverse opinions based on the area of work. This contributes to the first perspective, which regards project management as an underrated aspect within some industries, but certainly in industries such as, HLR Inc, it remains a central element in the overall managerial process and strategy implementation intended to achieve the organizational goals (Deeprose, 2002). It is noted that diverse opinions and perspectives define the organizational project management but the convergent position leads to its recognition as a fundamental aspect in organizations.

Numerous organizations remain static but those that have embraced the dynamism have implemented rapid restructuring demanded by the milieu conditions. The dynamic conditions can be technology advancements, increased completion and scramble for control of the limited natural resources. It is imperative to note that the organizational structures form critical consideration before initializing any project because; this aspect will affect the whole process (Harry & Schroeder, 2000). The general perspectives include that of organizations being either project driven or driven by non-project.

Examples of project driven organizations are the industries and aerospace where the entire task is characterized by the projects in consideration. This study observes that, three organizational structures exist. They include traditional, matrix and project driven. The functional hierarchy such as HLR Inc. may not be sufficient for the project management because, there is no consideration of the dynamism in the global arena (Deeprose, 2002). It is realizable that, the functional structures embraced in the HLR Inc, may not be sufficient.

The functional structure characterized by insufficiencies to comply with the dynamic structure embraced by the global players in the market. It is imperative to note that a project management needs to be sold within the organization’s borders. In addition, consideration of the matrix perspective, it is notable that, the matrix perspective has a dual effect in decision-making (Harry & Schroede

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