Trusted by 2+ million users, 1000+ happy students everyday
Showing pages 1 to 4 of 13 pages
MBA Dissertation
Table of Contents CHAPTER 5: CONCLUSIONS AND RECOMMENDATIONS...................................................1 5.1 Introduction...........................................................................................................................1 5.2 Key Findings of the study.....................................................................................................1 5.3 Key Concepts of the study....................................................................................................2 5.4 Assumptions of the research.................................................................................................4 5.5 Limitations of Research........................................................................................................5 5.6 Recommendations for management......................................................................................6 5.7 Recommendations for future research..................................................................................8 5.8 Conclusion.............................................................................................................................9 REFERENCES..............................................................................................................................10
CHAPTER 5: CONCLUSIONS AND RECOMMENDATIONS 5.1 Introduction Majority of businesses of all sizes globally are adapting project management techniques in carrying out their activities. The company executives are employing project managers and establishingprojectsdepartment,specificallyforthemanagementofsmalltolarge-scale projects. The situation is not different in the mining industry, where most of the projects are capital intensive and requires special attention for it to be successful. Regardless of the adaption of project management skills or techniques used in the execution of mining related projects, not all projects are successful. In general terms, no matter what effort are used in project execution, some of them keep failing. The purpose of the current research work is to establish the relationship between project managers’ competencies and project success in some of the mining industries in western part of Ghana (Famiyeh and et.al., 2015). The last chapter, which is chapter five, discusses the key findings, concepts, assumptions, limitations, and the recommendations of the research work. 5.2 Key Findings of the study The following dissertation follows the qualitative research method where researcher conducted his or her research study in five mining industry located at the Western part of Ghana. The survey was conducted in interview format. The five mining industries were Adamus Resources Limited, Anglogold Ashanti Iduapriem Mine, Ghana Manganese Company Ltd, Gold Fields Mine Tarkwa, and Golden Star Bogoso/Prestea Ltd. In order to gain knowledge about the project management and skills required by project manager, the researcher shows keen interest towards their work process and steps they took in order to accomplish the desired project effectively and efficiently. After analysing the responses of the participants, it can be clearly understood that the success of project is totally depends upon the skills and competencies hold by project manager. From this collected information in the interview about to analyse relationship between project manager's competencies and the project success. Project management plays a very crucial role within the organisation through it comes to the implementation of the projects. Project manager plays a very significant role within the project success and competencies. In the absence of project manager, organisation can unable to implement effective project and unable to get effective success within the company. Thus, it implies that it is very important for project 1
management company to recruit capable, skilled and competent staff so that project can be accomplished successfully and on time. After analysing the collected data, it was found that competency of project manager does not influence the overall success of the project, but in order to enhance the effectiveness in the project, it is very important for the project manager to have effective skills and competencies. From the collected data in the interview it has been also concluded that emotional resilience of project managerinfluences a project success. While project manager brings personal emotions into the things then it will affect success of the project. It has been also concluded from the interview that intuitiveness affects the outcome of the project. In the dissertation, the researcher also founds that motivation and satisfaction among the team players plays critical role that determines the success of the project. It is the duty and responsibility of project manager. From further analysis of the respondents it was identified that emotions, feelings and sensitivity can influence the success of the project. In the research, respondents talk about conscientiousness of project manager and its impact on the success and effectiveness of the project. Conscientiousness refers to the personality trait which means being careful and vigilant. It implies to conduct the task well and precisely so that the objectives of task can be accomplish effectively and efficiently. Respondents enunciated that if the project manager is conscientious, then the task can be delegated precisely and appropriately which reduce the amount of errors and enhances the effectiveness of the project. From the above discussion it has been also analysed that there are various competencies dimensions and these were grouped into three categories that is seven emotional competence (EQ), five managerial competencies (MQ), and three intellectual competence (IQ)). The project success was measured using four dimensions (schedule, budget, scope, and client satisfaction). From the analysis of the respondents, it was identified that in order to accomplish the project goals and objectives on time, it is the duty and responsibility of the project manager to delegate responsibility to right kind of member according to his or her skills and capabilities. 5.3 Key Concepts of the study Project management refers to the process of initiating, planning, executing, controlling and closure of the work in order to accomplish the goals and objectives of specific project in prescribedtimeeffectivelyandefficiently.Inthefollowingdissertation,theresearcher established theoretical framework by analysing the articles, journals, books jotted by senior 2
Found this document preview useful?
You are reading a preview Upload your documents to download or Become a Desklib member to get accesss