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However, it should be noted that it basically depends upon the situation and in some cases, it is quite important for experts to take up the role of project management.
Project management is usually a wide area involving a wide array of things. In the process of developing a new technology or implementing a highly technical process in an organization, it is imperative that the whole process is conducted by a person who has technical knowledge in the workings of such technology. The present world is very dynamic and new technology comes by the day. In this case, it normally takes much time before people get acquainted with such technology.
It is therefore important for the project manager to be an expert in the field so as to offer the necessary instruction or guidance on how the whole field should be handled. In a highly technical working environment like NASA, it is almost impossible to have a project manager who is not an expert in the project. This is because there is a high degree of technical excellence required and there is no room for any mistakes. As such, a project manager in such a case is required to have knowledge on the technology in use (Wysocki, 2010).
It has always been seen that in situations where project manager do not have expert knowledge on the subject matter, challenges often arise. For instance, a layman in medical equipment might not really realize that such equipment require a lot of maintenance which might be very expensive. In that case, some of the advice directed to the project manager might be ignored since the manager does not clearly understand the weight of the whole issue.
Having a project manager who has knowledge on the subject matter is very important as it greatly saves time and cost of executing roles. This is because the manager already understands much of the operations and does not really need to study the process much. On the contrary, a lay project
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Taking a look at the automotive industry, it is not hard to make out that the business tops in terms of revenue considering that almost all individuals use or have ever used anything from the automotive industry (Warren, Reeve & Duchac, 2012). The term, automotive industry, is used to describe the companies and organizations that deal specifically with motor vehicles, motorcycles and the rest.
The focus would be on the untapped markets, enlargement as a company and coming up with plans for development. It was clear that there was lack of uniformity in the information set up of the organization. This resulted to inaccuracy and inefficiency. Potential business and customer information was also not well documented due to poor record keeping methods by the staff.
It involves decision making as to which suppliers can give our company the materials of standard quality. I have been performing several activities that strictly follow my procurement management plan that includes expert judgment on products to be purchased, and deciding what contract types the company shall use in order to maximize the return of investment (Judd, 2007).
Among the roles that were required to be executed include; end user roles, business analyst and team leader role. Whereby, the consultation cost for the vendors was $140 per hour, business analysts, and cost was $120 per hour, programmers and testers was costing $100 per hour.
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Conversely, inelastic demand refers to minimal change in quantity demanded as price of commodities changes. It is worth noting that items with elastic demand include durable items that are infrequently purchased. Nevertheless, for the case of Autoedge that deals with motor
Since the external environment of this business is quite competitive, it is upon the top management of this organization to come up with strategies which will ensure that we emerge as the best alternative in the market. However, all these can not be
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Immediately after the earthquake, emergency medical teams were dispersed in Wenchuan County to take care of the injured. On the same day, more than 50,000 army officers and policemen were dispatched to assist in
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