DEMONSTRATION OF A CRITICAL UNDERSTANDING & AWARENESS OF PROJECT MANAGEMENT ISSUES - Essay Example

At present, it is quite difficult to find a project, in progress without Project Management, as it can be very catastrophic at the end with huge losses of time, money and reputation. Even the working environment is in complete disarray, with everyone being confused over the sequencing of the task. We all know that the road to success is not one without challenges; and there are factors of Project Management that, if not fulfilled properly, can cause hindrances and thus, failure of the project.

Following are such factors along with their courses of action in a particular framework. Information is the most vital resource for the completion of a successful project. It is mainly concerned with detailed information about the required standards of the final product, the time given for its completion, and the budget available for the task. Information regarding the nature of every aspect of the project is very important for the correct choice of work force hired for that particular job, but still keeping budget constraints in mind.

In the same way, you should have knowledge of places where you can extract the maximum out of the initially set budget when looking for the required equipment for the project. Lack of information can lead to a complete disaster of the project. . For example, if you do not have information regarding the aim of the final product, it is impossible to manufacture a product that perfectly meets its purpose. Lack of information regarding the different constraints and details of the nature of the product can lead to a bad choice of human and material resources along with defective quality management.

All these problems combined will create a product nowhere near the required one.Let us keep the BSI (2006): 6079-4 framework in consideration and go through it systematically with inadequate information. First, the feasibility of a project cannot be deduced correctly if you do not know the detailed nature of the product. Then, a slight change in the outline design of the project will start a chain of events disrupting the scheme and detailed designs too. This obviously causes defects in engineering and construction works and thus the desired product is not manufactured.

(Structured PM and CW) Example:Figure 1: The Eden Project in Cornwall. "Building" (Rawlinson, 2006)The Eden Project is a recreational place in Cornwall now in its fourth phase of construction. It has been a success until now as it is a huge tourist attraction and an exceptional construction project being well within budget and time constraints. In fact, it was actually a milestone, as fine points from this project, were used in the development of the 'DLivering Success', a popular system that analyses the status of a project.

The Eden Project is a huge success as the information fed into its framework was appropriate and complete. It had no missing feature either in its planning, sequencing or in designing. That is why it has a faultless design and is quite within the range of the available time and money. So now, we can see