Project Management Business Assignment | Managing Projects
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Added on 2020-06-06
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MANAGING PROJECT
Table of Contents INTRODUCTION...........................................................................................................................1 TASK 1............................................................................................................................................1 1. Various type of project and their reason................................................................................1 2. Scope management with tools................................................................................................2 3. Gantt chart and its critical path...............................................................................................2 ..........................................................................................................................................................4 ..........................................................................................................................................................4 4. various decision related with project.......................................................................................4 5. Managing success which is related to project.........................................................................5 6. Methods which are completing project on time and within the budget available...................5 TASK 2............................................................................................................................................6 Introduction about firm...............................................................................................................6 Outlining those activities which are useful for managing business...........................................6 Skills and competencies which is required by manager..............................................................7 Management process...................................................................................................................9 CONCLUSION..............................................................................................................................10 REFERENCES..............................................................................................................................10
INTRODUCTION In this competitive world there is a huge competition in between various companies to be on top and they are taking various step to get stable at such position. It is quite tough for business to maintain themselves on the higher level and for such they are bringing many new things in their working criteria so that they can earn higher profit (Cusworth and Franks, 2013). Therefore, there are various approaches and planning which has to be taken care in right prospect so that firm can bring a effective decision and strategy to fight with competition in market and can earn higher productivity as well. The report is based on TSK bearings limited, which is automotive industry and starting doing trading in year around 1980. Hence, the assignment is going to discuss about scope management and Gantt chart, and changes in management plan what measure would be taken to complete the task on time. TASK 1 1. Various type of project and their reason. It help to make the things in right prospect so that chances of getting success can be achieved. Although various project which is being opted by the company are as follows: Construction project:Therefore, it is a responsibility of manager to determine the project and the place where they can construct and target the person in right contrast. project construction can be there with help of manufacturing tool and new and various appropriate technology. Recruitment and selection:Hence, to manage the various section of business a proper workforce is required who can work in right manner. There are various places in company which is blank and required to have a potential person to be there to manage the work in effective way (Kandelousi, 2011). Manufacturing:Firm has to produce the quality product and service so that the work can be done in right format and this will lead the success of the company. To have an effective working company goes to buy new technology a1. Various type of project and their reason.
2. Scope management with tools Scope management is such which is being utilised in order to develop and manage the project in right contrast(Pryke and Smyth, 2012). It is required to determine the scope of working so that it can be easily promoted and this can be taken as various tools and sub division of scope of work and it can be defined as: Planning scope:In this criteria of scope the planning is stated in correct format so that it can create a base for working in proper manner. Project division:Although in this the project available with the company is being divided into various division so that effective and time completion work can be there and this has to be done in appropriate manner. Verification:Therefore, the verification has to be made in company so that proper working can be there and it is also required to verify the essentials properly. 3. Gantt chart and its critical path. Project Gantt chart is very required concept in organisation as because with this large and complex project can be understood and appropriate can be done in company. For the effective evaluation of work it is required to divide the work into various department so that work can be completed on time and in appropriate frame as well. Although the Gantt chart helped the company to make a evaluation of date and time schedule all such properly so that time allotment for every work can be measured. Those task which is taking more time to get completed needs to be taken special care for such work and needed to create effective and efficient policy and procedure so that most time taken task can take minimum time frame to get completed (Lin and Chen, 2012). Moreover, critical path is that which will help company to know which one is longest and shortest path for working in organisation. Name of activityNumber of daysPredecessors A5 days B7 days1 C6 days1,2 D4 days2
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