Project Management Challenges and Solutions
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This assignment delves into the complexities of project management, particularly focusing on technology-based projects. It examines various challenges encountered in this domain, such as knowledge management, risk assessment, and managing diverse teams. Students are expected to analyze these challenges and propose effective solutions grounded in established project management principles and methodologies. The emphasis is on practical application and demonstrating an understanding of how to navigate the intricacies of successful IT project implementation.
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Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
1. Different types of project....................................................................................................1
2. Scope management and its tools to show the sub-division of scope of work....................1
3. Impact of plotting a Gantt chart and identifying critical path............................................3
4. Ways to determine the project success...............................................................................4
5. Managing changes to the project plan................................................................................5
6. Techniques to ensure timely and successful completion of project within budget............5
TASK 2............................................................................................................................................5
Outlining of activities which required to manage new work.................................................5
Skills and competencies of a manager....................................................................................7
Project management process..................................................................................................9
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................11
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
1. Different types of project....................................................................................................1
2. Scope management and its tools to show the sub-division of scope of work....................1
3. Impact of plotting a Gantt chart and identifying critical path............................................3
4. Ways to determine the project success...............................................................................4
5. Managing changes to the project plan................................................................................5
6. Techniques to ensure timely and successful completion of project within budget............5
TASK 2............................................................................................................................................5
Outlining of activities which required to manage new work.................................................5
Skills and competencies of a manager....................................................................................7
Project management process..................................................................................................9
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................11
INTRODUCTION
A project assists an enterprise in implementing and executing new products and services.
It defines the complex procedure which begins by an organisation for achieving satisfaction and
fulfil expectations of users. Therefore, an assignment is different as per regular business
operations and also they make new and the latest goods for meeting company’s goals and
objectives in a proper manner. Projects are bound with time that should be completed within
specific for reaching the actual resultant (Karrbom Gustavsson and Hallin, 2015). The project
management mainly focuses on planning and designing various activities or functions to carry
out outcomes in an appropriate way. The first phase which is being undertaken are planning,
induction, execution and controlling. The main purpose of this report is to understand methods,
tools, resources and time management. This project will analyse evaluating ways for project
management with working in specific consideration of TSK Bearings Limited.
TASK 1
1. Different types of project
Project- A project is that term which is planned to set interrelated things and sometime
there are certain task which has been implemented within given time period and also consider
different resources and limitations of working. Therefore, task and activity has to be completed
on time for accomplishing specific goals and targets. There are various types of projects which
carry out business for meeting their required enterprise objectives and targets. A project should
carry out advanced accurate level of manufacturing projects. Main aim of TSK Bearings Limited
is to distribute product lines and business operations which comes derive producing category of
major projects. Such projects are often provided in the environment operations present in
business. An organisation’s main motive is to develop the business operations along with
offering development phases in a proper manner. Another project which includes management
and administration projects. It is reliable for an enterprise as they desire for entrance in new
Asian market within the latest offerings. Such requirements should be prepared on time and
make use of correct techniques and methods.
2. Scope management and its tools to show the sub-division of scope of work
Management scope refers to those output and input processes that can be controlled and
manipulated. It is that task where project scope should be maintained and create some practices
A project assists an enterprise in implementing and executing new products and services.
It defines the complex procedure which begins by an organisation for achieving satisfaction and
fulfil expectations of users. Therefore, an assignment is different as per regular business
operations and also they make new and the latest goods for meeting company’s goals and
objectives in a proper manner. Projects are bound with time that should be completed within
specific for reaching the actual resultant (Karrbom Gustavsson and Hallin, 2015). The project
management mainly focuses on planning and designing various activities or functions to carry
out outcomes in an appropriate way. The first phase which is being undertaken are planning,
induction, execution and controlling. The main purpose of this report is to understand methods,
tools, resources and time management. This project will analyse evaluating ways for project
management with working in specific consideration of TSK Bearings Limited.
TASK 1
1. Different types of project
Project- A project is that term which is planned to set interrelated things and sometime
there are certain task which has been implemented within given time period and also consider
different resources and limitations of working. Therefore, task and activity has to be completed
on time for accomplishing specific goals and targets. There are various types of projects which
carry out business for meeting their required enterprise objectives and targets. A project should
carry out advanced accurate level of manufacturing projects. Main aim of TSK Bearings Limited
is to distribute product lines and business operations which comes derive producing category of
major projects. Such projects are often provided in the environment operations present in
business. An organisation’s main motive is to develop the business operations along with
offering development phases in a proper manner. Another project which includes management
and administration projects. It is reliable for an enterprise as they desire for entrance in new
Asian market within the latest offerings. Such requirements should be prepared on time and
make use of correct techniques and methods.
2. Scope management and its tools to show the sub-division of scope of work
Management scope refers to those output and input processes that can be controlled and
manipulated. It is that task where project scope should be maintained and create some practices
which are attained in given time period. It can be defined to manage human resources of the firm
where they easily operate business operations and functions (Lech, 2014). It is the first which is
required to analyse and consider proper training and development program. It is necessary to
bring out major projects for services and important attention in delivering and making
appropriate goods and services. There are certain techniques and methods which present the sub
division of work that are described as under:
2
where they easily operate business operations and functions (Lech, 2014). It is the first which is
required to analyse and consider proper training and development program. It is necessary to
bring out major projects for services and important attention in delivering and making
appropriate goods and services. There are certain techniques and methods which present the sub
division of work that are described as under:
2
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Scope definition- It is the initial method which can be used to identify major transferral
process that is modify at the time of processing specific project assignment. This will make sure
that detailed preparation of documents should be claim different actions. Example: charter
project is ready to use workplace, innovative methods and examination. Also company need to
explore entire marketing scenario that can assist in attracting large number of customers towards
effective project management.
Breakdown model of work- Scope which is developed in the initial stage is to eliminate
administrable and small elements that can be goes along with major program collection. This
method will be used in this project which is known as decomposition.
Validation- It is that phase where consumer level is determined. All the customers give
feedback which has to be analysed and gathered by organisation (Morse, Babcock and Murthy,
2014). This method of project can be considered in inspection.
Scope control- According to the suggested name, main focus of project supervising
activities and maintain such things in proper manner. For monitoring the project’s scope, it is
necessary to conduct variance analysis in firm.
3. Impact of plotting a Gantt chart and identifying critical path
Completing a project is difficult activity which has to be taken. Various work that
performed their own importance and it is better as per the priorities actions of planning. Gantt
chart and critical path assist in predicting total time which need for various activities and also
provide correct knowledge regarding action and performance. Gantt chart is that process of
method which uses business path and makes proper schedule of their time framework with
maintaining the progress of project activities. TSK Bearings Limited needs to expand their
activities along with new site of manufacturing through offering them the latest and modern
auto-mobile features (Müller, 2014). The project describes requirements to achieve at the end of
March 2018 which undertaken procedures of Gantt chart. An organisation can possess software
that helps them in proper sequencing of exercise and major activities. The critical way is used to
process major sequencing of functions or activities as well as segmentation which is not
included. It assists in saving the resources, cost, time, cost and available in making convenience
to company business. The Gantt chart is discussed as below:
3
process that is modify at the time of processing specific project assignment. This will make sure
that detailed preparation of documents should be claim different actions. Example: charter
project is ready to use workplace, innovative methods and examination. Also company need to
explore entire marketing scenario that can assist in attracting large number of customers towards
effective project management.
Breakdown model of work- Scope which is developed in the initial stage is to eliminate
administrable and small elements that can be goes along with major program collection. This
method will be used in this project which is known as decomposition.
Validation- It is that phase where consumer level is determined. All the customers give
feedback which has to be analysed and gathered by organisation (Morse, Babcock and Murthy,
2014). This method of project can be considered in inspection.
Scope control- According to the suggested name, main focus of project supervising
activities and maintain such things in proper manner. For monitoring the project’s scope, it is
necessary to conduct variance analysis in firm.
3. Impact of plotting a Gantt chart and identifying critical path
Completing a project is difficult activity which has to be taken. Various work that
performed their own importance and it is better as per the priorities actions of planning. Gantt
chart and critical path assist in predicting total time which need for various activities and also
provide correct knowledge regarding action and performance. Gantt chart is that process of
method which uses business path and makes proper schedule of their time framework with
maintaining the progress of project activities. TSK Bearings Limited needs to expand their
activities along with new site of manufacturing through offering them the latest and modern
auto-mobile features (Müller, 2014). The project describes requirements to achieve at the end of
March 2018 which undertaken procedures of Gantt chart. An organisation can possess software
that helps them in proper sequencing of exercise and major activities. The critical way is used to
process major sequencing of functions or activities as well as segmentation which is not
included. It assists in saving the resources, cost, time, cost and available in making convenience
to company business. The Gantt chart is discussed as below:
3
4. Ways to determine the project success
The project’s achievement can be determined in different ways. There are certain things
which are mentioned as follows:
Budget- It means allotment of fund amount which can be assigned to complete the
project. A completion of project success along with assigning budgets that can lead towards
success which described 11 euro million pounds according to the assignment.
Satisfaction of customers- User satisfaction is the coherent indicator to finish project in a
successful way. Most of the clients are satisfied by company’s latest and new type of products
and services which they offer in large marketplace for expanding business.
4
The project’s achievement can be determined in different ways. There are certain things
which are mentioned as follows:
Budget- It means allotment of fund amount which can be assigned to complete the
project. A completion of project success along with assigning budgets that can lead towards
success which described 11 euro million pounds according to the assignment.
Satisfaction of customers- User satisfaction is the coherent indicator to finish project in a
successful way. Most of the clients are satisfied by company’s latest and new type of products
and services which they offer in large marketplace for expanding business.
4
Schedule- It refers to that time frame assigned to the project. It has been determine the
compete project at the right time for doing right work (Schmidt, 2011).
5. Managing changes to the project plan
The business environment is changeable and dynamic. So, changes should be formed on
regular basis. The project manager is liable for evaluating some components and incorporate
changes in planning of projects in an appropriate manner. The changes in projects does not
notice but also measure things where less number of stakeholders who doing the same.
Stakeholder’s management must be influenced in an effective way and their best suitable
approach is project alterations. The changes in market can be determined and project activities of
such manufacturing project which should be modify for reducing major risks of business. There
are opportunities due to change in the external aspects in chosen firm and project modification as
been done in appropriate manner. Such alterations will be managed by developing internal
modifications in the planning as per situations and gain required goals and targets.
6. Techniques to ensure timely and successful completion of project within budget
Various approaches that can be used by project manager for monitoring and analysing
project of ensuring business operations which bring out in the form of strategy. Project manager
can analyse the progress of undertaking with the help of methods like flow analysis, models of
mathematics and financial ratio. For controlling on projects, manager has to make some
necessity of customers which must be achieved and also firm try to expand their business
operations and functions in effective manner.
Project control cycle- It is very important techniques by which manager can forecast and
estimate all projects functions and activities that ahs to be taken at coming time period in better
manner.
PDCA- It is stands for Plan-Do-Check-Act which is basic structure for entire strategic
planning such as planning, needs and analysis, employees goals and evaluation, designing and
delivering, supporting services and facilities for making projects.
5
compete project at the right time for doing right work (Schmidt, 2011).
5. Managing changes to the project plan
The business environment is changeable and dynamic. So, changes should be formed on
regular basis. The project manager is liable for evaluating some components and incorporate
changes in planning of projects in an appropriate manner. The changes in projects does not
notice but also measure things where less number of stakeholders who doing the same.
Stakeholder’s management must be influenced in an effective way and their best suitable
approach is project alterations. The changes in market can be determined and project activities of
such manufacturing project which should be modify for reducing major risks of business. There
are opportunities due to change in the external aspects in chosen firm and project modification as
been done in appropriate manner. Such alterations will be managed by developing internal
modifications in the planning as per situations and gain required goals and targets.
6. Techniques to ensure timely and successful completion of project within budget
Various approaches that can be used by project manager for monitoring and analysing
project of ensuring business operations which bring out in the form of strategy. Project manager
can analyse the progress of undertaking with the help of methods like flow analysis, models of
mathematics and financial ratio. For controlling on projects, manager has to make some
necessity of customers which must be achieved and also firm try to expand their business
operations and functions in effective manner.
Project control cycle- It is very important techniques by which manager can forecast and
estimate all projects functions and activities that ahs to be taken at coming time period in better
manner.
PDCA- It is stands for Plan-Do-Check-Act which is basic structure for entire strategic
planning such as planning, needs and analysis, employees goals and evaluation, designing and
delivering, supporting services and facilities for making projects.
5
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TASK 2
Outlining of activities which required to manage new work
Total projects are present the various transferral that later converted into work activities
or packages which bring out towards successful delivery of products and services (Teller, Kock
and Gemünden, 2014). The working packages are lower in segmenting of WBS. In every
package of work, the summation of activities and functions which can easily carried out through
business. Working packages should be revolve around selecting and hiring people for
forthcoming future time period to producing different sites.
Identification of products- The break down structure of projects in the small elements
that assist in setting up goals and targets for each section which has to be reached by project
manager. The main objective of WBS is to develop new team or group which are capable for
bring off current technology in the new manufacturing locations for TSK Bearing.
Determining task- It is necessary to reaching the major objectives and goals, there are
various types of task that can be undertaken by workers for gaining the same. This is required to
increasing competent workforce for new and current manufacturing locations. Human resource
department of the organisation is to lay down the series of tasks which has to be bring out for
achieving the same manner (Thamhain, 2014). An enterprise require to domain which choose
employees who work with current workforce and hiring rest of the manpower through online
method.
Team development- The requirement of workforce has been fulfilling the team building
exercise that can be carry out in appropriate manner. The major roles and responsibilities of
people is to incorporated teams that are required. Project manager has lead the large number of
teams or groups. They are work together for developing and building strong relationship with
each other and meet the basic goals and objectives.
Training- It is important that new development team can be provided for setting right
ability, knowledge and behaviour so they are capable to assist in implementing latest and new
technology which produced by Asia. According to this project, they are provide 12 month
training programmes by this they are able for carry out particular tasks. Training is necessary
factor because it should be conducted for the new employees and improve their skills and
knowledge regarding project sites. TSK Bearing adopt different training process including digital
methods and tools like on the job training and off the job training.
6
Outlining of activities which required to manage new work
Total projects are present the various transferral that later converted into work activities
or packages which bring out towards successful delivery of products and services (Teller, Kock
and Gemünden, 2014). The working packages are lower in segmenting of WBS. In every
package of work, the summation of activities and functions which can easily carried out through
business. Working packages should be revolve around selecting and hiring people for
forthcoming future time period to producing different sites.
Identification of products- The break down structure of projects in the small elements
that assist in setting up goals and targets for each section which has to be reached by project
manager. The main objective of WBS is to develop new team or group which are capable for
bring off current technology in the new manufacturing locations for TSK Bearing.
Determining task- It is necessary to reaching the major objectives and goals, there are
various types of task that can be undertaken by workers for gaining the same. This is required to
increasing competent workforce for new and current manufacturing locations. Human resource
department of the organisation is to lay down the series of tasks which has to be bring out for
achieving the same manner (Thamhain, 2014). An enterprise require to domain which choose
employees who work with current workforce and hiring rest of the manpower through online
method.
Team development- The requirement of workforce has been fulfilling the team building
exercise that can be carry out in appropriate manner. The major roles and responsibilities of
people is to incorporated teams that are required. Project manager has lead the large number of
teams or groups. They are work together for developing and building strong relationship with
each other and meet the basic goals and objectives.
Training- It is important that new development team can be provided for setting right
ability, knowledge and behaviour so they are capable to assist in implementing latest and new
technology which produced by Asia. According to this project, they are provide 12 month
training programmes by this they are able for carry out particular tasks. Training is necessary
factor because it should be conducted for the new employees and improve their skills and
knowledge regarding project sites. TSK Bearing adopt different training process including digital
methods and tools like on the job training and off the job training.
6
Reviews and feedback- This is required for team members is to provide appropriate and
correct response so the setbacks should be addressed in proper way (Turner, Swart and Maylor,
2013). Project manager and stakeholders are also given feedback on the various ways of thinking
that can be associated in an organisation. Monitoring and supervising can doing work with the
help of trainers who effectively performed all tasks in accurate manner. For analysing such
reviews, an enterprise can understand major disadvantage along with their strength and weakness
of specific projects. TSK Bearing can manage and control their development of projects by
evaluating project reviews from stakeholders who will take equal involvement in gaining
benefits of the firm.
The above mentioned activities and functions are fundamental to complete small WBS
segments that are necessary for entire project perceptions in proper manner. It is the need of
effective staff members or employees which finish such activity on given time period. With the
help of such major steps, effective outline of project management can be done by project
manager which help in meeting the accurate result for applied strategy.
Skills and competencies of a manager
It is essential for project manager is to follow set goals and targets for make sure required
task which carry out such factors in desired way within an enterprise. Skills refers to capability
and ability to deal with various types of task (Bayiley and Teklu, 2016). The main aim of ability
and competency which can be carry out project manager in an enterprise that are as follows: Leadership- It is essential skill which are possessed by company manager in an
organisation. This can be defined that capability and ability of a person will lead the
teams or groups of large number of people towards reaching potential goals and targets.
The ability for motivating another individual to achieve major goals which are capable
for project manager. There are certain thinking that this is the ability and capability which
describe they can not taught people are born with such things. A project team lead people
towards handling difficult task that can not required to make sure particular project
should be finish in a successful way. Also team manager will bring out various business
functions and operations in proper manner. In the case study of TSK Bearing, project
manager required to develop latest and new technology in given time period and
particular budget will enhancing the personnel capable for conducive project in
appropriate way.
7
correct response so the setbacks should be addressed in proper way (Turner, Swart and Maylor,
2013). Project manager and stakeholders are also given feedback on the various ways of thinking
that can be associated in an organisation. Monitoring and supervising can doing work with the
help of trainers who effectively performed all tasks in accurate manner. For analysing such
reviews, an enterprise can understand major disadvantage along with their strength and weakness
of specific projects. TSK Bearing can manage and control their development of projects by
evaluating project reviews from stakeholders who will take equal involvement in gaining
benefits of the firm.
The above mentioned activities and functions are fundamental to complete small WBS
segments that are necessary for entire project perceptions in proper manner. It is the need of
effective staff members or employees which finish such activity on given time period. With the
help of such major steps, effective outline of project management can be done by project
manager which help in meeting the accurate result for applied strategy.
Skills and competencies of a manager
It is essential for project manager is to follow set goals and targets for make sure required
task which carry out such factors in desired way within an enterprise. Skills refers to capability
and ability to deal with various types of task (Bayiley and Teklu, 2016). The main aim of ability
and competency which can be carry out project manager in an enterprise that are as follows: Leadership- It is essential skill which are possessed by company manager in an
organisation. This can be defined that capability and ability of a person will lead the
teams or groups of large number of people towards reaching potential goals and targets.
The ability for motivating another individual to achieve major goals which are capable
for project manager. There are certain thinking that this is the ability and capability which
describe they can not taught people are born with such things. A project team lead people
towards handling difficult task that can not required to make sure particular project
should be finish in a successful way. Also team manager will bring out various business
functions and operations in proper manner. In the case study of TSK Bearing, project
manager required to develop latest and new technology in given time period and
particular budget will enhancing the personnel capable for conducive project in
appropriate way.
7
Communication- Communication is one of the effective method which managed and
handled by project manager. This tool is used by company manager for clearly analyse
and evaluate major factors of subordinates (Culmsee and Awati, 2012). A project
manager should clear about communication channels which can be used at the time of
completing each tasks of an organisation. Also this will help in providing proper
guidance and instruction in best possible way. This can used for sharing procedures of
filing, discussion, chatting and doing presentation. Company stakeholders can be
motivated and determined for selecting best appropriate method of communication.
While completion of successful project, team will play an important role in given time
period and describe budget method. Scheduling- For understanding and requirement of project planning work which can not
interpreted properly rather than project manager of the company. It is the major essential
skills which required to be controlled by carry out project of a person. This is
fundamental approach where projects goals and targets which can reach within given
time period. The project scheduling can be undertaken and determined sequence for
making some project assignment in complete manner (Engwall, 2012). TSK Bearing
mainly concentrate on opening new production location from Asia integrated methods.
Project is complex process which will require that task sequencing included in training
and recruitment of employees at new place where they are capable to create and carry out
major functions. The project will need effective scheduling of business operations
undertaken which can managed and met by possessing person quality and capability. To
form a prelatic plan can be earned with the help of software program like Gantt chart. Risk management- It is one another ability and capability which is required by person to
manage and handle major projects. The capability of an individual make sure that specific
projects should be predicted and contingency planning is build which minimise and
eliminate risk of the completion of projects. Risk and hazards is the general for the firm
at the time of developing plan which can create damage to the growth and development
of project. Risk management and hazardous functions in the business can assist in
managing the disturbance while project completion. The amount of management of risk
will ensure the timely finish particular projects (Fisher, 2011). Manager should use and
adopt different types of technologies at the manufacturing locations at the time of project
8
handled by project manager. This tool is used by company manager for clearly analyse
and evaluate major factors of subordinates (Culmsee and Awati, 2012). A project
manager should clear about communication channels which can be used at the time of
completing each tasks of an organisation. Also this will help in providing proper
guidance and instruction in best possible way. This can used for sharing procedures of
filing, discussion, chatting and doing presentation. Company stakeholders can be
motivated and determined for selecting best appropriate method of communication.
While completion of successful project, team will play an important role in given time
period and describe budget method. Scheduling- For understanding and requirement of project planning work which can not
interpreted properly rather than project manager of the company. It is the major essential
skills which required to be controlled by carry out project of a person. This is
fundamental approach where projects goals and targets which can reach within given
time period. The project scheduling can be undertaken and determined sequence for
making some project assignment in complete manner (Engwall, 2012). TSK Bearing
mainly concentrate on opening new production location from Asia integrated methods.
Project is complex process which will require that task sequencing included in training
and recruitment of employees at new place where they are capable to create and carry out
major functions. The project will need effective scheduling of business operations
undertaken which can managed and met by possessing person quality and capability. To
form a prelatic plan can be earned with the help of software program like Gantt chart. Risk management- It is one another ability and capability which is required by person to
manage and handle major projects. The capability of an individual make sure that specific
projects should be predicted and contingency planning is build which minimise and
eliminate risk of the completion of projects. Risk and hazards is the general for the firm
at the time of developing plan which can create damage to the growth and development
of project. Risk management and hazardous functions in the business can assist in
managing the disturbance while project completion. The amount of management of risk
will ensure the timely finish particular projects (Fisher, 2011). Manager should use and
adopt different types of technologies at the manufacturing locations at the time of project
8
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completion. A project should be reliable along with limited quantity of safety and welfare
issues for managing major risks factors.
Cost management- It is critical for the firm while developing effective and good projects.
This is necessary to project manager is to make efforts and realistic budget for making
that whole activities and functions of assigned project task are purchase in effective
manner. The duty of company manager is to handle and manage projects to coordinate
the measurement and control all cost activities so confinement of finance does not
appropriated. TSK Bearing annual budget is approx. 10 million pound where project
manager has some capability of manage cost which can create some major goals and
objectives that should be achieved within given time period.
Project manager need to manage appropriate leadership style within specific working
environment of TSK Bearing, so it is important for firm is use best suitable methods or
leadership models which can help in maintaining functions in systematic manner at large
workplace. There are various theories of leadership which assist in managing and developing
their innovative projects and also gain profitability and productivity. Some are as under:
Great Man theory- The theory assist in predicting traits and attributes of leadership and
on the other hand, it is simple for understanding such leaders nature who are became
leader.
Trait theory- This theory will assist in analysing and examining company manager
behaviour and nature towards accomplishing each project and this will manage all task. It
can help in evaluating attributes, traits, combination of characteristics which are common
among leaders.
Behavioural theory- It is that theory and model which help in evaluating and analysing
person point of view who mainly concentrate on leaders behaviour. So it will assist in
maintaining and managing entire project for analysing business scenario.
There are some theories of communication which are described as follows:
Cognitive theory- This is that theory where company manager can encouraging their
employees or workers for doing effective work and accomplishing potential targets and
goals.
Communication accommodation theory- It is that model which analyse the motivational
outcome or result when company manager shift their communication style in proper
9
issues for managing major risks factors.
Cost management- It is critical for the firm while developing effective and good projects.
This is necessary to project manager is to make efforts and realistic budget for making
that whole activities and functions of assigned project task are purchase in effective
manner. The duty of company manager is to handle and manage projects to coordinate
the measurement and control all cost activities so confinement of finance does not
appropriated. TSK Bearing annual budget is approx. 10 million pound where project
manager has some capability of manage cost which can create some major goals and
objectives that should be achieved within given time period.
Project manager need to manage appropriate leadership style within specific working
environment of TSK Bearing, so it is important for firm is use best suitable methods or
leadership models which can help in maintaining functions in systematic manner at large
workplace. There are various theories of leadership which assist in managing and developing
their innovative projects and also gain profitability and productivity. Some are as under:
Great Man theory- The theory assist in predicting traits and attributes of leadership and
on the other hand, it is simple for understanding such leaders nature who are became
leader.
Trait theory- This theory will assist in analysing and examining company manager
behaviour and nature towards accomplishing each project and this will manage all task. It
can help in evaluating attributes, traits, combination of characteristics which are common
among leaders.
Behavioural theory- It is that theory and model which help in evaluating and analysing
person point of view who mainly concentrate on leaders behaviour. So it will assist in
maintaining and managing entire project for analysing business scenario.
There are some theories of communication which are described as follows:
Cognitive theory- This is that theory where company manager can encouraging their
employees or workers for doing effective work and accomplishing potential targets and
goals.
Communication accommodation theory- It is that model which analyse the motivational
outcome or result when company manager shift their communication style in proper
9
manner. By this, an individual try to adjust their speaking way with other people. This
includes two common ways that includes convergence and divergence.
TSK Bearing can adopt communication accommodation theory which can assist them for
reaching concerned results in effective manner. With the help of management, appropriate
communication can applied for smooth running of all business operations and its functions at
work place.
Process of Project management
The project management means different activities set and begin at the undertaking
origination and at the end project is completed. These project should be carry out for expanding
business and meet with the desired goals and targets. There are different steps of management
projects that are as under:
Project initiation and conception- It is one of the major step which come under that
procedure of project management which mainly focus on ascertain nature and scope of project.
Initiation of project is fundamental for analysing whole stages of success and failure of the same
shifted within first steps (Highsmith, 2013). External environment is purchased for control and
manage products which must be added in proper manner. It involves project planning and
identification of endure will assist in achieving the required goals and targets. After
understanding level completion in international market, TSK Bearing can plan to position their
business and market operations with the help of making new industry sites or locations. Firstly
charter was improved which consist project designing and scope recognition. Project proposal
situation alert and WBS can make the idea of project induction.
Planning- Planning refers to gap bringing procedures between expected future condition
and current circumstances of business operations. In context of specific project, cost, time,
resources can be designed on decomposed exercise for making correct resources usage and
capable for handling and controlling major risks factors in proper manner. There are various
techniques and methods of resonant motion is conducted in which way with inception of
activities and functions, practices look as consistent position. It can be used in given time period.
The cost evaluation and budgets can be bring out in particular phase.
Implementation- In such step, planned activities is pre phase which has been executed. It
is important procedures for project manager is to utilise conceived operation in proper way
(Jerbrant, 2013). The effective allocation of resources is made and each person of an organisation
10
includes two common ways that includes convergence and divergence.
TSK Bearing can adopt communication accommodation theory which can assist them for
reaching concerned results in effective manner. With the help of management, appropriate
communication can applied for smooth running of all business operations and its functions at
work place.
Process of Project management
The project management means different activities set and begin at the undertaking
origination and at the end project is completed. These project should be carry out for expanding
business and meet with the desired goals and targets. There are different steps of management
projects that are as under:
Project initiation and conception- It is one of the major step which come under that
procedure of project management which mainly focus on ascertain nature and scope of project.
Initiation of project is fundamental for analysing whole stages of success and failure of the same
shifted within first steps (Highsmith, 2013). External environment is purchased for control and
manage products which must be added in proper manner. It involves project planning and
identification of endure will assist in achieving the required goals and targets. After
understanding level completion in international market, TSK Bearing can plan to position their
business and market operations with the help of making new industry sites or locations. Firstly
charter was improved which consist project designing and scope recognition. Project proposal
situation alert and WBS can make the idea of project induction.
Planning- Planning refers to gap bringing procedures between expected future condition
and current circumstances of business operations. In context of specific project, cost, time,
resources can be designed on decomposed exercise for making correct resources usage and
capable for handling and controlling major risks factors in proper manner. There are various
techniques and methods of resonant motion is conducted in which way with inception of
activities and functions, practices look as consistent position. It can be used in given time period.
The cost evaluation and budgets can be bring out in particular phase.
Implementation- In such step, planned activities is pre phase which has been executed. It
is important procedures for project manager is to utilise conceived operation in proper way
(Jerbrant, 2013). The effective allocation of resources is made and each person of an organisation
10
should be interacted about minor factors of different tasks which they required to achieved in
given time period. The linked information of projects should be examine and discussed for
believing company junior employees thoughts. This is need to undertaken previous steps that can
support TSK Bearing in controlling and managing concluding results of the projects in
appropriate manner.
Control- Business operations and activities is critical for formulating steps and result of
implemented plan in effective way. The current activities position are integrated with designing
exercise for identifying discrepancies. The main alteration in the project scope is to carry out
changes for creating planned functions and activities work in coordinated manner. Project of
TSK Bearing is used major methods for managing this projects which is stakeholders metric of
satisfaction and metric of cost variance. It is one of the current tool for supervising and observing
whole project as per the stakeholders level of satisfaction which has to be consider the
understanding stage along with activities. For controlling major activities and manufacturing
plan, an enterprise can access high amount of resultant from applied plan and concepts in
appropriate manner.
Closing- This is final step which manage the process of project management. The phase
is mainly focus on management and completion of project which should be carry out final
project completion (Project manager skills and competencies. 2017). TSK Bearing new
manufacturing locations along with new machinery installing for their staff development which
can be prepared for closing call procedure of this assignment.
CONCLUSION
From the above mentioned report it can be concluded that project management
procedures is play an important role within an organisation. The main focus of project
management is to help them in achieving desired goals and targets. It consider the possibility of
demonstration and doing resource management learning in proper manner. There are different
types of projects that can be applied or getting as per the different situations. Scope management
assist in identifying activities and enable the company manager monitor allocation of resources
which required for completing project within time frame. It is fundamental which a manager of
such projects has to be possessed with capabilities and abilities that includes leadership,
scheduling and management so they can easily reach with potential goals and objectives.
11
given time period. The linked information of projects should be examine and discussed for
believing company junior employees thoughts. This is need to undertaken previous steps that can
support TSK Bearing in controlling and managing concluding results of the projects in
appropriate manner.
Control- Business operations and activities is critical for formulating steps and result of
implemented plan in effective way. The current activities position are integrated with designing
exercise for identifying discrepancies. The main alteration in the project scope is to carry out
changes for creating planned functions and activities work in coordinated manner. Project of
TSK Bearing is used major methods for managing this projects which is stakeholders metric of
satisfaction and metric of cost variance. It is one of the current tool for supervising and observing
whole project as per the stakeholders level of satisfaction which has to be consider the
understanding stage along with activities. For controlling major activities and manufacturing
plan, an enterprise can access high amount of resultant from applied plan and concepts in
appropriate manner.
Closing- This is final step which manage the process of project management. The phase
is mainly focus on management and completion of project which should be carry out final
project completion (Project manager skills and competencies. 2017). TSK Bearing new
manufacturing locations along with new machinery installing for their staff development which
can be prepared for closing call procedure of this assignment.
CONCLUSION
From the above mentioned report it can be concluded that project management
procedures is play an important role within an organisation. The main focus of project
management is to help them in achieving desired goals and targets. It consider the possibility of
demonstration and doing resource management learning in proper manner. There are different
types of projects that can be applied or getting as per the different situations. Scope management
assist in identifying activities and enable the company manager monitor allocation of resources
which required for completing project within time frame. It is fundamental which a manager of
such projects has to be possessed with capabilities and abilities that includes leadership,
scheduling and management so they can easily reach with potential goals and objectives.
11
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REFERENCES
Books and journals
Karrbom Gustavsson, T. and Hallin, A., 2015. Goal seeking and goal oriented projects–
trajectories of the temporary organisation. International Journal of Managing Projects
in Business. 8(2). pp. 368-378.
Lech, P., 2014. Managing knowledge in IT projects: a framework for enterprise system
implementation. Journal of Knowledge Management. 18(3). pp. 551-573.
Morse, L. C., Babcock, D. L. and Murthy, M., 2014. Managing engineering and technology.
Pearson.
Müller, P. R., 2014. Guest editorial. International Journal of Managing Projects in Business.
7(4).
Schmidt, M., 2011. Arduino. Pragmatic Bookshelf.
Teller, J., Kock, A. and Gemünden, H. G., 2014. Risk management in project portfolios is more
than managing project risks: A contingency perspective on risk management. Project
Management Journal. 45(4). pp. 67-80.
Thamhain, H. J., 2014. Managing Technology-Based Projects: Tools, Techniques, People and
Business Processes. John Wiley & Sons.
Turner, N., Swart, J. and Maylor, H., 2013. Mechanisms for managing ambidexterity: A review
and research agenda. International Journal of Management Reviews. 15(3). pp. 317-
332.
Bayiley, Y. T. and Teklu, G. K., 2016. Success factors and criteria in the management of
international development projects: Evidence from projects funded by the European
Union in Ethiopia. International Journal of Managing Projects in Business. 9(3). pp.
562-582.
Culmsee, P. and Awati, K., 2012. Towards a holding environment: building shared
understanding and commitment in projects. International Journal of Managing Projects
in Business. 5(3). pp. 528-548.
Engwall, M., 2012. PERT, Polaris, and the realities of project execution. International Journal of
Managing Projects in Business. 5(4). pp. 595-616.
Fisher, E., 2011. What practitioners consider to be the skills and behaviours of an effective
people project manager. International Journal of Project Management. 29(8). pp. 994-
1002.
Highsmith, J., 2013. Adaptive software development: a collaborative approach to managing
complex systems. Addison-Wesley.
Jerbrant, A., 2013. Organising project-based companies: Management, control and execution of
project-based industrial operations. International Journal of Managing Projects in
Business. 6(2). pp. 365-378.
Online
Project manager skills and competencies. 2017. [Online]. Available through:
<https://www.thebalance.com/essential-project-manager-skills-2062461>.
12
Books and journals
Karrbom Gustavsson, T. and Hallin, A., 2015. Goal seeking and goal oriented projects–
trajectories of the temporary organisation. International Journal of Managing Projects
in Business. 8(2). pp. 368-378.
Lech, P., 2014. Managing knowledge in IT projects: a framework for enterprise system
implementation. Journal of Knowledge Management. 18(3). pp. 551-573.
Morse, L. C., Babcock, D. L. and Murthy, M., 2014. Managing engineering and technology.
Pearson.
Müller, P. R., 2014. Guest editorial. International Journal of Managing Projects in Business.
7(4).
Schmidt, M., 2011. Arduino. Pragmatic Bookshelf.
Teller, J., Kock, A. and Gemünden, H. G., 2014. Risk management in project portfolios is more
than managing project risks: A contingency perspective on risk management. Project
Management Journal. 45(4). pp. 67-80.
Thamhain, H. J., 2014. Managing Technology-Based Projects: Tools, Techniques, People and
Business Processes. John Wiley & Sons.
Turner, N., Swart, J. and Maylor, H., 2013. Mechanisms for managing ambidexterity: A review
and research agenda. International Journal of Management Reviews. 15(3). pp. 317-
332.
Bayiley, Y. T. and Teklu, G. K., 2016. Success factors and criteria in the management of
international development projects: Evidence from projects funded by the European
Union in Ethiopia. International Journal of Managing Projects in Business. 9(3). pp.
562-582.
Culmsee, P. and Awati, K., 2012. Towards a holding environment: building shared
understanding and commitment in projects. International Journal of Managing Projects
in Business. 5(3). pp. 528-548.
Engwall, M., 2012. PERT, Polaris, and the realities of project execution. International Journal of
Managing Projects in Business. 5(4). pp. 595-616.
Fisher, E., 2011. What practitioners consider to be the skills and behaviours of an effective
people project manager. International Journal of Project Management. 29(8). pp. 994-
1002.
Highsmith, J., 2013. Adaptive software development: a collaborative approach to managing
complex systems. Addison-Wesley.
Jerbrant, A., 2013. Organising project-based companies: Management, control and execution of
project-based industrial operations. International Journal of Managing Projects in
Business. 6(2). pp. 365-378.
Online
Project manager skills and competencies. 2017. [Online]. Available through:
<https://www.thebalance.com/essential-project-manager-skills-2062461>.
12
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