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Management of Projects Contents TASK 13

This assignment requires students to analyze the benefits and limitations of different approaches to project planning and control, and demonstrate their competence in managing project resources, specifically in scope, schedule, quality, and cost.

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Added on  2020-06-05

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4 3.)Gantt chart and its critical path.4 4.)Terms which help to decide project is successful. Therefore, it is quite tough for the business to get stable in market and compete with their competitors and thus large organization are managing their project in such environment so that they can earn higher profits and can move further to attain their goal and objective as well (Saunders and Lewis, 2012).

Management of Projects Contents TASK 13

This assignment requires students to analyze the benefits and limitations of different approaches to project planning and control, and demonstrate their competence in managing project resources, specifically in scope, schedule, quality, and cost.

   Added on 2020-06-05

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MANAGING PROJECTS
Management of Projects Contents TASK 13_1
ContentsTASK 1..........................................................................................................................................................31.)Different types of project....................................................................................................................32.)Scope management and its tool. ........................................................................................................43.)Gantt chart and its critical path...........................................................................................................44.)Terms which help to decide project is successful. ..............................................................................45.)How to manage minor or major change in plan..................................................................................56.)Method to complete the project on time. ..........................................................................................5TASK 2..........................................................................................................................................................6Introduction of company ........................................................................................................................6Outlining the activities required for successful business.........................................................................6Competence of project............................................................................................................................8Management process..............................................................................................................................9REFERENCES..............................................................................................................................................10Books and journals.................................................................................................................................10
Management of Projects Contents TASK 13_2
INTRODUCTION Automotive industry is growing in great manner in modern world. Therefore, it is quitetough for the business to get stable in market and compete with their competitors and thus largeorganization are managing their project in such environment so that they can earn higher profitsand can move further to attain their goal and objective as well (Saunders and Lewis, 2012).Moreover, large company has the opportunity to expand their business and many criteria of firmhelp to do so. The report is based on TSK bearing limited which is manufacturing an industrialbearing for automotive industry. Company is founded in around 1980 and entity is lookingforward to expand their business and for such firm is investing approx. £12 million pounds. Firmis working at large scale and they are providing various bearing to companies so that entity itselfcan expand their business. Assignment include scope management and Gantt chart is alsoincluded and thus which factors are there that decide business is successful and what method areincluded to get knowledge of completing task on time. TASK 1Different types of project.TSK bearing has included various kind of business to complete their project on time andin proper manner although so that company can attain their profit and productivity (Pinto, Helo,and Kekäle, 2010).Manufacturing project: TSK bearing has a manufacturing plant which is producingbearing for automotive industry so that they can earn higher income and can make themselvesstable in market.
Management of Projects Contents TASK 13_3
Recruitment and selection: Company is looking forward to expand their business andfor such they are going to recruit and select the best people for job and effective working can bedone or coordination will be seen in environment of firm. Recruitment of person can be donewithin firm and somewhere can go outside entity to select some people.Technology: This is something which help company to expand their business in effectivemanner and thus proper training has to be provided to employees of firm so that they can adapttechnology and can work on new machines so that business can manufacture goods and servicesin right prospect. Scope management and its tool. Scope management is thus refers to set of process which enhances project scope issomewhere accurately defined and mapped as according to stated. Scope management thus helpsmanagers and supervisors of entity to allocate the correct amount of work and task to employeeswhich are required to complete the project in effective way (Polonsky and Waller, 2014). Scopemanagement and its tool are as follows: Planning: To have an effective working in organization it is required by company andtheir staff to produce an efficient planning which can help them to have an attainment of theirgoal and objective. Planning is needed concept as through this whole firm work in same directionand earning of profit can be seen. Monitoring: Company has to monitor their whole task and project on regular basis sothat in timing and completion of project can be there. Through monitoring firm can solve issueswhere staff is not being able to work in right mannerism (Meskendahl, 2010). Controlling: TSK bearing should have control on their employees and task so thateffective working can be seen. Controlling is required so that timely task can be completed andwastage of resources cannot be there and such thing can be used in further project. Gantt chart and its critical path.Gantt chart is such which help entity to receive knowledge as which task or project istaking most of time getting completed. Those task which is taking more time to get done and forsuch effective and efficient policy and procedure will be produced so that they can be completed
Management of Projects Contents TASK 13_4

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