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Managing Successful Projects - Assignment Example

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Managing successful projects Name: Institution: Course: Supervisor; Date: April 23, 2013 Managing successful projects Answers to question 1 Standard approaches for managing projects, my preferred approach, and rationale for choosing the approach There are many standard approaches for managing projects and these have been developed at both national and international levels…
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Managing Successful Projects

Download file to see previous pages... The project management approach outlines more than 40 processes that are necessary for project management and group the processes into distinct process categories and “Knowledge areas” (Zarafani 2011, 38). The standard’s process categories are “initiating, planning, executing, monitoring and controlling, and closing” of projects while knowledge bases are “project integration, scope, time, cost, quality, human resources, communication, risk, and procurement management” (Zarafani 2011, 38). The Knowledge scope has further been extended to include “project safety, environmental, financial, and claim management” (Zarafani 2011, 38). The approach values project requirements from stakeholders’ perspectives and considers clients’ level of utility, control measures, periodic improvements, and prime management’s initiatives throughout projects. It however deals with a single project at a time (Zarafani 2011, 39). The United Kingdom’s “Project Management Body of Knowledge,” also known as PM BoK, is another standard approach to project management. The approach is almost a reflection of the United States’ version but identifies 52 subjects that are considered in seven elements of project management. ...
ndards, it is distinct and offers elements such as “customer focus, management responsibility,” role of stakeholders to a project, quality, and periodic improvements during a project’s lifestyle (Zarafani 2011, 40). The “Competency Standards for Project Management” from Australia is another standard approach to managing project. It derives its basis from the American model but incorporates standards to ensure compliance with professionally approved procedures (Zarafani 2011, 40). PRINCE is another standard approach to project management. It identifies universality in project implementation efforts subject to specified conditions. It must be “successfully used everywhere,” must be “robust, internally consistent and free from evident fault,” is clear and easy to understand, and is “viable,” “scalable,” and “relevant” (Roberts 2013, p. 20). I have taken the United States based PRINCE approach. My choice is based on the approach’s constructs that guarantees success and efficiency besides its clarity, simplicity, and predetermined viability, scalability and relevance (Roberts 2013, p. 20). The process of developing an effective project management environment No standardized strategy exists for developing an effective project management environment. Processes for motivating members of a project team can however develop a motivated team and an effective environment for implementing a project. This can however be achieved through a comprehensive approach that meet team members’ needs such as ensuring “interesting and challenging work,” “professionally stimulating work environment,” ensuring strong leadership and growth among team members, developing interpersonal potentials, defining responsibility and restricting dynamism of involved ...Download file to see next pagesRead More
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Project management
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