Component 1. Project management: cost, time and quality

Added on -2019-09-22

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Component 1 Project management: cost, time and quality is a report of research work conducted by the RogerAtkinson in which he defined Project Management as the application of a collection of tools andtechniques by using diverse resources by accomplishing task within time, cost and qualityconstraints. However, the author suggested that the project management is an evolvingphenomena and therefore needs to adopt some more factors so that the visions in theorganizations could be converted into reality. Which is why, Atkinson says, project managementcontinues to fail. The author feels the need to find the new criteria as to how to realize successfulprojects. He said there are two types of errors that are needed to be defined when it comes to IT-IS projects. Type 1 – when something is done wrong and type 2 – when something is forgotten.In order to ensure the success criteria, it can be understood that some projects have time andcosts as the prime objectives, while for other projects such as life critical systems, quality wouldbe the overriding criteria. So, measurement of process criteria is what indicates the efficiency.Author also suggested that project management and organizational success cannot be linked asthese two have different criteria. Therefore, it is important to evaluate the post deliver stage ofthe project and the three criteria in the post-delivery stage are impact on customer, measurementafter implementation and preparation for the future. Project management today is needed to beanalyzed quickly because the modern day project managers are expected to deliver the results.This pertinent need has developed a mechanism called Rapid Application Development (RAD).Atkinson reconciles with and agrees with the findings of other researchers and reiterates theworkable criteria as Iron Triangle, cost, time and quality along with the new methods ofmeasuring success of project management implementation.

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