logo

Project Management Tools and Techniques in Organisation

12 Pages3247 Words55 Views
   

Added on  2022-12-12

About This Document

This document discusses the importance of project management tools and techniques in an organisation. It covers the planning and implementation of projects, communication with colleagues and stakeholders, and the evaluation of personal abilities. It also provides guidance on creating a self-development plan for managing projects.

Project Management Tools and Techniques in Organisation

   Added on 2022-12-12

ShareRelated Documents
Managing project in
organisation
Project Management Tools and Techniques in Organisation_1
Contents
INTRODUCTION...........................................................................................................................3
TASK1.............................................................................................................................................3
Project management tools and techniques and their importance in organisation........................3
Plan the implementation of project with organisation.................................................................5
Communicate the project plans with appropriate colleagues and stakeholders...........................6
Implementation of project plan, monitoring progress against agreed target...............................7
TASK 2............................................................................................................................................8
Critically evaluate own abilities to plan and implement project and identify strengths and
weakness......................................................................................................................................8
Create self-development plan to improve own performance in managing project......................9
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10
Project Management Tools and Techniques in Organisation_2
INTRODUCTION
Project management is defined as the process that involves various activities such as planning,
organising organisational resources in order to attain defined gals and objectives within specific
period time. It is the application of various methodologies, tools, techniques and plans that help
business complete defined task in desirable manner and manage all relative activities as well. It
ensures the optimum utilisation of employees and resources to accomplish project activities
within defined cost, scope and time period. In an organisation projects are planned, scheduled,
tracked as well as executed through project management software. This facilitates organisation to
track project, ensures in successfully accomplishment and make project team more productive. In
this project the chosen organisation is Tesco which is a British multinational groceries and
general retailer founded in 1919 by Jack Cohen. Headquarter of respective organisation is
situated in England, United Kingdom. In this report various importance of project management
tools and techniques are discussed. Apart from that appropriate plans, communication techniques
and strengths and weakness as well as self- development related to project is being covered in
project report.
TASK1
Project management tools and techniques and their importance in organisation
Project management tools and techniques facilitates organisation to complete all task in effective
manner and ensures all specific tasks are done without spending more money, revenue and
manpower. These tools and techniques provide direction to Tesco to complete defined work and
task in specific manner on time in order to attain all goals and objectives with full efficiency
(Ashworth and Saxton, 2020). All these tools and techniques that are used by respective
organisation to complete specific project are discussed below:
Classic techniques: Classical technique of project management is a procedure that
includes proper planning which covers all upcoming activities, define sequence of task, effective
allocation of resources according to task requirements, help in getting proper feedbacks from
team and monitoring work quality and ensures that project is done in defined deadline.
Waterfall techniques: It is also considered as the traditional project management
techniques because it takes the classical technical approach to new level (Bell and Harrison, eds.,
Project Management Tools and Techniques in Organisation_3
2018). It is used in complex projects. If Tesco wants to deliver a specific project in successful
manner than proper work structure to ensure effective completion.
Agile project management: Agile project management technique is referred as the
application that deals project in different manner which is also a traditional procedure to manage
all stages of project efficiently. It is related to the crushing big projects into shorter parts that
facilitates to get detailed analysis of whole project process in development stages.
Apart from that there are various other project management tools and techniques such as
rational unified process, program evaluation and review technique, critical path technique and
critical chain techniques that are used by the Tesco to manage all small as well as big projects in
effective and efficient manner.
Usefulness of project management tools and techniques:
Project management tools and techniques plays important role in managing and
completing projects on time with full efficiency. Some of importance of project management
tools and techniques are defined below:
Optimum utilisation of resources: As projects management tools and techniques divides
required resources at all level. Availability of resources provides high accuracy in completing
defined project on specific time period. In Tesco organisation ensures that all human, financial
and other resources are optimally utilised that enhances employee performance as well.
(Chen and Lin, 2018). Project management tools and techniques set budget for particular
activities that enables the managers to accomplish project within defined budget.
Risk assessment and monitoring: Tesco gets various advantages through effectively
implementing project management tools and techniques within organisation. These tools
facilitate the respective organisation to calculating and accessing potential risk factors through
precision to eliminate all factors that affect proficiency of specific project. There are different
plans and strategies are formulated by Tesco that accessing risk as well as monitor all project
activities in order to complete it on time.
Estimating with accuracy: Project management tools and techniques decided deadlines
and objectives of project that facilitates to project managers to complete the project as well as
manage it in effective manner with full accuracy and efficiency (Engelbrecht, Johnston and
Hoope, 2017). There are various project management software are utilised that ensure that
project is completed on time in proper manner which is required.
Project Management Tools and Techniques in Organisation_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Project Management Transport for London Project brief
|17
|2217
|162

Project Management Structure in an Organisation
|19
|6077
|217

Behavioral and Mathematical Sciences
|1
|983
|11

Understanding of Business Management Functions and Relevant Tools
|9
|3144
|74

Project Planning Approaches and Techniques in Project Management
|3
|837
|451

Comparison of PMBoK and Agile Framework for Project Management
|12
|2689
|91