2 Table of Contents Executive Summary.........................................................................................................................3 Introduction......................................................................................................................................4 Project Risk Management................................................................................................................4 Ethics and project management.......................................................................................................5 Methodologies of project management...........................................................................................8 Learning Experience........................................................................................................................8 Conclusion.......................................................................................................................................8 Bibliography....................................................................................................................................9
3 Executive Summary This paper is a reflection of my professional lessons that I have gained after undertaking the project. Most importantly, I reflect several theories that I applied and how they are linked towards ensuring that contractors apply project management to achieve a successful project. My experience after reviewing literature on the subject of the role of project management in Civil Engineering projects has made me gain much knowledge and understanding. I now understand that construction project depend on numerous success factors such ascontrolling and planning techniques, scheduling techniques, project team selection, training, manpower competencies, logistics, and finance. Every project requires involvement of managers to help in management of constraints and achievement of positive outcomes. Project managers ensure effective communication with different stakeholders, solve problems, assign roles, and plan for training of team members. I have learned stakeholders in charge of projects must adopt five phases of project -initiation, planning, execution, monitoring and controlling, and project closure. It is by doing this that one can respond to possible risks at every stage. Besides, such risks can be either positive or negative depending on the nature of influence. I am now ready to apply what I have learned in my module in my future career as a project manager.
4 Introduction Owners of construction projects conduct large initiatives that that seek to benefit the society. The contribution to societies can be in the form of offering employments and contribution to economy through gross domestic projects. In every stage of project management, different stakeholders are involved to ensure successful implementation of a project to meet the expected outcomes. Among all the stakeholders, project managers play an important role from the projectinitiation, planning, execution, monitoring and controlling to project closure (Kerzner, 2016). My experience in undertaking this project has given me a better platform to understand a number of aspects related to construction projects. In this paper, I seek to reflect on what I have learned and how I could apply the same in my future career while working as a project manager. Project Risk Management The risk management process is the identification, the assessment, and subsequent prioritization of the various risks in the implementation of the project. This is followed by the economical and coordinated application of the resources to monitor, minimize, as well as control the probability of the unfortunate events or simply maximizing the realization of the various opportunities (Bernstein 2008; Auchey, 2015). I have learned that problems associated with the project and the project team is that there was poor identification of risks, poor risk analysis, poor prioritization of the risks, inadequate development of the management plans, poor evaluation of the progress, as well as re-evaluation of the risk exposure. The project team should have the ability to carry out an evaluation of the whole process of project implementation (Dawood, 2007). The identification of risk will help in the definition
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5 of the various sets of events that are likely to impact on the project schedule, cost, or the technical performance that is acceptable. Adequate risk analysis will be focused on the assessment of the probability that each of the identified risk will eventually occur (Ranasinghe, 2007). Moreover, from the challenges the project team will learn to prioritize the risks that are focused on the determination of the relative rank order for the identified risks (Bernstein 2008). Low to high risk within the risk ranking is eventually computed as a particular function of each of the risk’s potential impact on the project implementation. Following the successful identification of the project challenges, the project team should come up with the management plan for each of the risks. The plans should incorporate frequent monitoring of the actions towards handling of the risks in the context of completion dates and status. Finally, the project team should carryout progress evaluation and re-evaluation of the risk exposure (Bernstein 2008; Diekman, Pecosk and Songer, 2014). This will help in the identification and assessment of the project risks and categorization into either low or high risk. Briefly, the project management team should be involved in the whole process of project implementation, critically taking notice of the different levels or risks involved. Ethics and project management After reviewing several journals, I now understand that the issue of ethics and project management must be looked at in the context of corporate social responsibility. The main question that should be asked is whether the project in question is being implemented in an ethical manner and this part of the social responsibility of any organization (Becker 2009). Ethics and corporate social responsibility in organizations are overlapping concepts debated upon and have attracted arguments in academic discourse for some time now. The significance of ethics and corporate social responsibility in organizations and the relationship that they portend for
6 organizational structure and management cannot be overlooked. When looking at business ethics, one can approach the subject from different angles or perspectives. One can speak of business ethics in relation to the employees in a business enterprise, the top management of the enterprise or the enterprise itself. It can also be considered in relation to the society with the analysis of the social, political, and economic impacts such behaviours have in the society which will form the basis of this paper. Further, ethics in project implementation is being taken seriously by many organizations, especially because of globalization, competition and therefore a deliberate attempt to please and play meaningful roles in the lives of communities. In this quest, many organizations have executed concerted efforts in demonstrating and attempting to respond to both ethical and legal standards, and also by virtue of paying attention and incorporating values that ensure an enhanced welfare of communities and the society at large (Golan 2008). Business ethics is a branch of ethics that attempts to harmonize the conflicting issues concerning the acceptable behaviours in a business environment. It is basically concerned with examining the various activities involved at different levels or channels of production and determines if they are morally or ethically upright or not. In a business setting, ethics will be applied in determining the rights and privileges of the employees, their roles in ensuring business confidentiality. Further, the roles of the top management in keeping business privacy, determination of labour prices and the prices of the commodities/ products that the organization deals in, as well as sales promotion through advertisement (Price 2007). It will also enable the management to curb vices like harassment at work, biased recruitment, and selection of new employees, poor price evaluation, as well as establishing poor marketing strategies. It helps the management in various conflict resolutions. Business ethics will also define the roles that politics
7 and politicians can play in business development. The manner in which activities are formulated, scheduled, and executed must be in accordance with some kind of pre-established legislation (Becker 2009). Regardless of these needs, philosophers, other scholars and thinkers alike, have not authoritatively arrived at a consensus about what ethical standards entail, and this can be more challenging when one looks at the types of organizational structures and personality differences that exist in business entities today. Thus drawing distinction between ‘the right thing’ and ‘the wrong thing’’ at the work place remains, at best an uphill task and not a straight forward matter (Berenbeim 2006).Organizational Behaviour experts have tried to study the dynamics that these issues depict, with a view to bringing about organizational justice. This is more anchored on the fact that today, managers have been accused of overstepping their mandate, and unethical behavioural patterns have been cited both managers and their juniors (Becker 2009). The responsibility that a business play in the society in which it is carried out has been subject to various kinds of debate. While is reckoned that the primary responsibility of any business enterprise is to maximize the profits for the shareholders, others feel that a business should go far beyond just profit maximization to embrace issues such corporate social responsibilities.Moreover, Bendixen and Abratt (2007) also highlighted the fact that multinational organizations have increasingly been criticized in their project management strategies for unethical behaviors that are likely to have negative impact on the larger population. The authors found that the existence and subsequent implementation of the formal codes of ethics were significant and sufficient for the god ethical practice. Indeed, Zain (2008)believes that social responsibilities must be performed by businesses entities. She reinforces this by arguing that a firm’s primary responsibility is to maximize shareholder revenue and should
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8 overcome all hindrances in the environment to do so. However, apart from the profit maximization when coming up with the projects, the businesses must also have ethical responsibility of their actions within the society. Methodologies of project management Project management is an important endeavor whose successful implementation depends on several phases. My experience in reviewing several journals has made me understand that apart from what I had learned in class, the empirical evident shows that projects of any nature must go through five major phases. For example, even though the studies were conducted on different projects, they all agreed that indeed, projects must go throughthe initiation, planning, execution, monitoring and controlling, and project closure. For instance, the work of Mir and Pinnington (2014) provided my understanding that every single phase of a project plays an important role in delivery of an entire project. Most importantly, my interest was in understanding different approaches and methodologies that project managers could use when managing projects. Despite different scholars using approaches such as such as Waterfall project management, Agile Project Management, Critical Chain or Path, PRISM (Projects integrating Sustainable Methods) (Bajaj, Lenard and Oluwoye, 2007), PRINCE2, PMBoK, and many others (Auchey and Auchey, 2012), I have learned that that PRISM remain the most commonly applied methodology within construction projects (Baker, Ponniah and Smith, 2009). In specific, my review showed that project managers could apply several tools and techniques to implement, achieve effectiveness, and make efficient changes to any resources.
9 Learning Experience My experience has incorporated adequate information on leadership and management of the whole project implementation process.Leaders and managers are similar and different in various aspects. Leaders use dialogue and ideas to inspire, influence, encourage, and help others change their attitudes and in the process changing their attitudes. Project management is therefore an elaborate process that requires strong leadership. I have learnt that as a project, one needs to know all the existing structures of an organization and the policies that impact project management. Finally, the project management should incorporate and follow a given methodology to ensure the implementation process is seamless. My understanding of project approaches will make me research more on PRISM and apply it in my role as a project manager. Even though I have learned that project managers could apply any of the approaches, my urge to apply the methodology is because of the need to focus on all the stages of project implementation. Besides, the approach is applicable to all types of projects. I will develop the need to include social and environmental project objectives. The inclusion of environmental and social objectives in a given construction project is a way of ensuring the improvement of the project management process. It refers to the inclusion of project objectives that relates to energy, transport, water and waste management as well as the labour practices (De la Garza & Rouhana 2005).Further, it entails ethical behaviour and principles of human rights. The methodology can be applied throughout the life cycle of the project. I will have the capability to define a Sustainability Management Plan (SMP). The SMP is simply a document that entails information on the various ways of project implementation with PRISM methodology. It is incorporated to provide definition of the plan, monitor the benefits, as
10 well as ensuring alignment of the construction project to the main organizational strategy (Bernstein 2008).The SMP contains the project’s purpose, its executive summary, as well as the sustainability objectives. Further, it contains quantitative and qualitative performance indicators, exclusions if possible, environmental impact assessment, sustainability risk assessment, as well as the methodologies to be undertaken in auditing or reviews. I will be able to undertake an Impact Analysis. an impact analysis is a significant technique that is used in the mapping of the deliverables in a project to help in measuring its impact (Duffield, Fayek & Young 2009).The analysis goes beyond the traditional analysis since it also provides analysis of the final deliverable from the beginning to the end. Furthermore, the construction projects have identified impacts related to the various constraints in cost, time, social, environmental, stakeholder aspects, and risk of the final product and subsequently related to activities. Furthermore, I will now understand how to design and implement a Green Vendor Scorecard. A Green Vendor Scorecard is the assessment carried in the evaluation of vendors in the context of previously defined criteria within the organization (Mawdesley & Bennett 2010). This includes the criteria intended to establish whether the contractor is able to meet the existing environmental policies. Conclusion Project management in construction projects should incorporate adequate leadership and risk management. It is significant to indicate that a successful organization should have a strong management and leadership team to ensure it achieves its goals. Leaders are vital pillars of the success of any project. They are involved in the regulation of all the activities in any business regardless of the size. They are involved in the motivating the employees and in the establishment of an effective organizational structure. The leaders should ensure that the
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11 organization structure based on the organizational goals and objectives. Finally,PRISM (Projects Integrating Sustainable Methods) is significant methodology that incorporates various aspects of project management. Therefore, it is the best methodology to incorporate in the management of projects within the construction sector.
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13 Mawdesley, M. J. and Bennett, LD. (2010) Investigating genetic algorithms based decision support system for the location of new major housing allocations within the local plan process.Proceedings Second International Conference on Decision-making, Lyon, France. 897- 908.Quality for Project Managers.(1998) ESI International. 2.25. Price, A. (2007)Human Resource Management in a Business Context. London: Thompson Learning. Ranasinghe, M. (2007) Risk management in the insurance industry: Insights for the engineering construction industry.Journal of School of Building and Real Estate, National University of Singapore. February. Zain, M. (2008)Social Responsibility in Business: Friedman and Carroll’s Differing Views on Business Responsibility,Cengage Learning.