StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

The project Y2K - Assignment Example

Comments (0) Cite this document
Summary
In the paper “The project Y2K” the author analyzes the success of a project such as the Y2K, which depends on good leadership. One of the notable leadership behaviors that project managers, project team members and project sponsors should posses is strong drive for results…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.1% of users find it useful
The project Y2K
Read TextPreview

Extract of sample "The project Y2K"

Running head: PROJECT MANAGEMENT 15th May Question The success of a project such as the Y2K depends on good leadership. One of the notable leadership behaviors that project managers, project team members and project sponsors should posses is strong drive for results. Some projects are complex and therefore the project managers should take responsibility to achieve the focused goals and not necessarily delegating all duties to other team members. The second leadership behavior is shared vision (Dvir et al, 2006). This implies that the managers must have a clear vision and enable all the team members to be aware of the project’s vision thus ensuring that they feel as part and parcel of the organization. The third leadership behaviour is integrity. This implies being committed and demonstration of ethical practices. In this way, the leaders will act as a role model to other team members thus making the projects achieve their goals.
A good manager must be able to implement changes in his or her organization. In embedding these leadership behaviors in my organization for day-to-day project efforts, I would ensure that my duties as well as those of my team members are very clear as well as indicating the responsibilities that can or cannot be delegated (Anantatmula, 2010). Similarly, I would clearly indicate on the firm policy paper the vision of the organization and every new employee would be oriented on the firm vision and the way to achieve it. Employee would also be trained on integrity including the ethics issues that they need to maintain at all times.
Good managers need to emulate technology and form a strong teamwork. In order to help my organization to be successful just like the Y2K project, I would ensure that we invest more in modern technology. The Y2K project was successful due to the close monitoring and assessment by use of modern communication systems in US (Leybourne, 2009). Additionally, I would ensure that communication system within the organization. This would ensure that team members are able to make instant report or feedback to ensure that the project does not deviate from its course.
Question 2
Project managers must involve other team members in undertaking the functions of a project. This implies that project managers should emulate delegating their powers. Project managers have the responsibility of assigning duties to other members of the team, manage daily operations, execute plans and manage budget among other duties (Garel and Lievre, 2010). By being assisted for example by the junior accounting officers on the cost effective materials as a delegated duty, a project manager will achieve his or her goal of managing the project budget. In my opinion, exercising legitimate power is not the best leadership approach for modern project management. This is based on the importance of involving employees in the activities of a project an aspect that makes them to be motivated thus enhancing their performance. A project manager needs to exercise his or her position or power when a team member acts contrary to the company policies, involved in illegal deals such as drug trafficking or theft of company resources and fraudulent behaviors.
References
Anantatmula, S. (2010). Project manager leadership role in improving project
performance. Engineering Management Journal, 22(1), 13–22.
Dvir, D., Sadeh, A and Malach-Pines, A. (2006). Projects and project managers: The
relationship between project managers personality, project types, and project
success. Project Management Journal, 37(5), 36–49.
Garel, G and Lievre, P. (2010). Polar expedition project and project management. Project
Management Journal, 41(3), 21–31.
Leybourne, S. (2009). Project management and high-value superyacht projects: An
improvisational and temporal perspective. Project Management Journal, 41(1),
17–27. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The project Y2K Assignment Example | Topics and Well Written Essays - 500 words”, n.d.)
The project Y2K Assignment Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/management/1646170-the-project-y2k
(The Project Y2K Assignment Example | Topics and Well Written Essays - 500 Words)
The Project Y2K Assignment Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/management/1646170-the-project-y2k.
“The Project Y2K Assignment Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/management/1646170-the-project-y2k.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF The project Y2K

Software Engineering

...Software Engineering Y2K crisis The crises that I have chosen for this assignment is ‘year 2000 (Y2K) technology problem’ which occurred due to failure of older software and hardware to distinguish the century transformation into a date. Additionally, this problem is also known as millennium bug. In this scenario, the machines and other systems that were fully dependent on a date computation to carry out their tasks created errors and omissions or they were shut down completely. The reason that could be bitterly dedicated for this term is usually because of the year, which was stored with just two digits; for example, 22-11-99 as an alternative of 22-11-1999. In this regard, as the year changed from 1999...
3 Pages(750 words)Essay

Project

...habits as a means of addressing economic and environmental challenges associated with massive purchase and consumption of goods and services. Reference List Campbell, C. (2005). The Romantic Ethic and the Spirit of Modern Consumerism. Harrisburg: WritersPrintShop. Jackson, T. (2005). Live Better by Consuming Less: Is There a "Double Dividend" in Sustainable Consumption? Journal of Industrial Ecology, 43(6), 23-27. Miles, S. (2008). Consumerism: As a way of life. Indianapolis: Indiana University Press. Pacific Controls. (December 2011). Nationwide Project to cut Power use in Buildings. Khaleej Times. Retrieved from http://www.pacificcontrols.net/news-media/ees-reducing-carbon-footprint-uae.html Reuters (29 June, 2008)....
4 Pages(1000 words)Research Paper

Project

... Registration number: The company we are studying is a company we can say it is doing quite well financially. The company has quite a high amount of transactions according to the records presented on its assets, liabilities and even the total transactions that are conducted by the company. The company has recorded an increase in total assets from the year 2010 to the year 2013. In the three year period, the company has doubled on its total current assets. This shows that the company has high competitive abilities that would make it perform in a better manner than any of their competitors. The total long term assets for this company in the year 2010 were recorded to be $86,113,000. As time went on, the company continued improving... Registratio...
4 Pages(1000 words)Essay

Nestl's ERP Odyssey

...to make it happen and lacked the knowledge needed to do so. Next, the stakeholders decided that, since Y2K was looming, they would include code fixes in the first part of the rollout. This rushed the huge undertaking. Because they were in such a hurry, they forgot, or overlooked, the fact that their systems needed to be integrated with each other so all the departments could communicate. Sales, for instance, could not communicate discounts to the billing department that they had promised certain customers. The stakeholders set an arbitrary end date for the whole project. With a snap of the fingers, it would be done! If only things worked that way. They should have developed a detailed implementation...
3 Pages(750 words)Essay

Performance Failure: Contingency Planning

...solution is paramount, it requires strong commitment from management. But unlike some Year 2000 readiness projects, it also needs the cooperation οf many people and organizations outside the hospitals control. For example, manufacturers and distributors are inundated with customer requests for Y2K information. One hospitals request may be lost in the shuffle. But this information is necessary to effectively craft a Y2K supply chain solution. Likewise, an effective contingency plan requires cooperation among hospitals within a community or region. People from different facilities must commit time and effort to meet and forge safety net agreements. Whatever the obstacles, a well-crafted...
6 Pages(1500 words)Essay

Project

...Project Cheating – Plagiarizing Survey Question I believe everyone at Indiana cheats at some point in their courses. ____1____ Project 2 Specification Question 3: Construct a chart given the frequency of response for the 3 questions assigned to your group. Questions assigned to Group: 1. I believe everyone at Indiana State University cheats at some point in their courses. ____ 19. I know of a student who has used their phone to take a picture of an exam. _____ 20. I believe technology advances have made it easier to cheat. _____ Question 7: State in words a research hypothesis comparing males and females, campus and off campus, and lower level versus upper level for your assigned questions. Present your...
1 Pages(250 words)Assignment

Project

...Affiliation Architecture Project Medinet Habu is the that is commonly given to a Mortuary Temple of the Ramses the third. This is a significant structure of the new kingdom period located on a same name location on the West Bank of Luxor within Egypt. Apart from the temple’s artistic and architectural significance as well as its intrinsic size, it is well known as the source of inscribed scenes and reliefs that depict the advent as well as defeat of sea people at the time Ramses the third reigned. The reliefs and scenes in the temple provide good education to people today of the events of the past. This is very significant for historians and those who seek to understand their back ground. The temple does resemble the...
4 Pages(1000 words)Research Paper

Project

...from a remarkable health care health care insurance package. This consists of the wellness reimbursement program and employee assistance plan. Second, The Company has great support for career development. Reason being, they support educational reimbursement projects that enhances performance and growth. Third, the company enhances lasting security for their employees through Thrift Plan. Whereby, Fidelity Investment and the pension plan manage contributions. Fourth, in a need to facilitate a balance between personal life and work employees have access to flexible work plans. In addition, both employees in contract and full-time can go on leave of up to twelve weeks. Finally, MPC pays its staff whether on vacation and...
13 Pages(3250 words)Essay

Project

... Breaking social norm experiment There are certain rules set by the society about how people should behave. However, these rules unwritten, they are important in showing how we relate to each other in the society (Durlauf and Blume 112). There are several instances when I come encounter people breaking or feeling weird when some is breaking these social norms. There are things that the society considers wrong, for instance, wearing clothes backwards. Ideally, this is not wrong, but it would feel so abnormal to wear clothes backwards. This is what social norms are all about. I am motivated to try to understand exactly the concept of social norms in the society. I want to prove if it is true that people value these social norms... Breaking...
2 Pages(500 words)Admission/Application Essay

Project

... Question Depreciation Straight line Purchase Cost $85,000 Installation cost $800 Set up cost $4,000 Residual value $12,000 Cost basis 85,000 + 4,000 + 800 = $89,800 Number of periods 7 years Depreciation = cost basis – residual value = $89,800 - $12,000 =$77,800 Depreciation per year = = = $11,114 per year Straight line depreciation schedule Cost basis depreciation Accumulate depreciation Net Book Value Year 1 $89,800 $11,114 $11,114 $78,686 Year 2 $89,800 $11,114 $22,228 $67,572 Year 3 $89,800 $11,114 $33,342 $56,458 Year 4 $89,800 $11,114 $44,456 $45,344 Year 5 $89,800 $11,114 $55,570 $34,230 Year 6 $89,800 $11,114 $66,684 $23,116 Year 7 $89,800 $11,114 $77,798 $12,002 Units of production method Production... Question...
5 Pages(1250 words)Statistics Project
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Assignment on topic The project Y2K for FREE!

Contact Us