Complex Project Management: Strategies and Approaches
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This report discusses the strategies and approaches for managing complex projects, including the importance of experience in developing competence and the roles and responsibilities of project academies. It also highlights the initiatives taken by organizations like NASA and Shell to develop talent and manage project portfolios.
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Running head: COMPLEX PROJECT MANAGEMENT COMPLEX PROJECT MANAGEMENT Name of the Student Name of the University Author Note
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1COMPLEX PROJECT MANAGEMENT In this report, I am going to discuss about the deals that are concerned with the complex project management. Dewey said that not all the experiences we gain, leads to beneficial learning. This becomes very much necessary for the learner to critically analyze the experience they gain and to drawn a conclusion form their learning’s.Education is the key feature that helps to develop Meta competencies among the learners that facilitates effective learning. This has been seen that some organization prefers to form a corporate university, so that they can develop education for employees.This also creates opportunity for the core learner and the one with the creative thinking. The degree offered by them is in less number. There are organization such as NASA and Shell that develops the talent, so that they can manage the portfolio for projects done by the organization. An initiative was taken by this organization in order to bring six organizations together from North America, Europe and Asia pacific, so that they can share their experiences and develop their academic knowledge. In addition to this , a joint development process was being imitated, so that they can gather data for benchmarking their development(Cooke- Davies, et al., 2011). The methodology behind the benchmarking project academics was that data was collected with the help of an instrument that was represented by six organizations and each organization included 46 questions. These questions scored from 0-5, and each question was asked to rate based on deployment and approach. The rounds took place eight companies at a time with two experienced assessors worked for each of the eight companies so that they can complete the survey, and can return the result based on the information gathered. These results were used for verifying the organization(Walker, 2015). The quantitative data included cost involved in the project , characteristics of the organization , providing services by academy. After the evaluation of the cost incurred in the organizations , the annual cost for each of the academy varies largely . This arises from US$1 TO US$15 MILLION (Harrison & Lock, 2017).The main place where the expenses went high was on modifying the class room so that it can return effective way of learning , with better understanding for the learners. But among all the organizations , one has
2COMPLEX PROJECT MANAGEMENT clearly set their paths for career. The organization with highest performance keeps on scanning the horizon so that they can requisite levels. This organization requires qualified people so that they can withstand the competition with the other organizations. There are some organization that continuously changes with the requirement of the market and modifies with the environment. In addition to this , for enhancing the t knowledge they has created a forum that shares theknowledge. This organization encourages two-way research placements(Kerzner, 2017). In this part I am going to discuss about the importance of experience in developing the competence. A leadership quality was developed within the organization, so that the practitioners can learn and develop skills at high level. Programs are developed for improving technical capabilities and leadership behaviors among the people (Eriksson, Larsson & Pesämaa, 2017). In a competitive nature, it is always ensured that only highly qualified individuals are selected for the opportunity and can improve their career. Each and every member of the organization have some specific role and responsibility and everyone needs to work accordingly. Irrespective of the objectives varying fromorganization to organization there are some common responsibilities and roles that are needed to be followed by the organization. These includes the role of the project academy is to provide development training for the project workforce, developing and maintaining strategies for both informal and formal learning. Aligning with the stakeholders and with the corporate strategy are the next most important roles that are needed to be followed. For a better growth and continuous benefits one needs to promote the learning across all the organizations, so that they can learn about the features and the trainings provided by them(Ahern, Leavy & Byrne, 2014). The institutional knowledge needs to be flourished , that is everyone should know about the activities taking place within the institutions. Therefore, from the above lessons, I can conclude that there is a huge need of creating a future for project management, from both the perspective that is as a profession and as an approach of delivering the
3COMPLEX PROJECT MANAGEMENT strategies effectively. In order to overcome the challenges, several corporations are taking responsibilities directly in order to develop a team with sufficient people that have efficient knowledge and skills so that they can cope up with managing the complex projects. Some organizations are in partner with academic institutions so that they can provide education for the learners as this will develop the required Meta competencies among the learners. There is also a need to develop and manage the portfolios for projects.
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4COMPLEX PROJECT MANAGEMENT Bibliography Ahern, T., Leavy, B., & Byrne, P. J. (2014). Complex project management as complex problem solving: Adistributedknowledgemanagementperspective.InternationalJournalofProject Management,32(8), 1371-1381. Cooke-Davies, T., Lynn Crawford, D. B. A., Patton, J. R., PMP, C. S., & Williams, T. M. (2011). ASPECTS OF COMPLEXITY: MANAGING PROJECTS IN A. Eriksson, P. E., Larsson, J., & Pesämaa, O. (2017). Managing complex projects in the infrastructure sector—A structural equation model for flexibility-focused project management.International Journal of Project Management,35(8), 1512-1523. Harrison, F., & Lock, D. (2017).Advanced project management: a structured approach. Routledge. Kerzner, H., & Kerzner, H. R. (2017).Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons. Walker, A. (2015).Project management in construction. John Wiley & Sons.