Managing Projects

Managing Projects

Table of Contents
INTRODUCTION...........................................................................................................................2
MAIN BODY..................................................................................................................................2
TASK 1............................................................................................................................................2
1. Define the key characteristics of any project...........................................................................2
1b. Explain the reasons why many projects fail and runs over budget........................................2
2. Discusses the Five Stages in Project Management and benefits of managing projects...........3
3. Briefly discuss the impact a good and a bad Team may have in terms of achieving and
managing project goals................................................................................................................3
4. List the nine (9) knowledge areas in Project Management and briefly explain the importance
of any two of them.......................................................................................................................4
5. List five attributes or characteristics of a project Manager.....................................................4
6. Explain some of the benefits of using a network diagram.......................................................5
REFERENCES................................................................................................................................7
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INTRODUCTION
Project management refers to a mechanism involving multiple organisations such as
supervision, initiation, preparation, and implementation and monitoring of activities to ensure the
timely delivery of the project (Alnaggar and Pitt, 2019). The project manager has a vital duty to
accurately identify the objectives as well as goals to complete project inside a given timeframe.
This report consists of two tasks, one of it focuses on basic project principles and the other one is
based on the case study of “Pandemic Center” which required to be built within the Docklands
area of London. This study offers insight into project management, project life cycle phases, etc.
In addition, the tasks related to this definition will also be demonstrated by the programmes, the
time required and the corresponding expenditure.
MAIN BODY
TASK 1
1. Define the key characteristics of any project
There are some important characteristics of any projects which are as follow:
 The organisation need to build strategies for its users so that they can be supplied with
ease in the sense of the services offered to them.
 Project design is typically of a temporary nature as it includes both a beginning and end
point to ensure that the appropriate objectives are achieved.
 This includes a unique series of needs that must be met within those project boundaries.
 Each project consists of distinct aims and priorities to be completed within the desired
timeline such that a particular result can be achieved.
1b. Explain the reasons why many projects fail and runs over budget
 Lack of Interest from Management
 Cost cutting Approaches
 Lack of Proper Planning
 Overstaffing of Projects
 Poor Communication among team members
 Data Migration by Unskilled Resources
 Little Testing or Skipping the Testing Phase
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