This document provides an overview of network project management, including methodology, risk analysis, risk mitigation plan, and the OPM3 model. It also discusses ethical issues in project management.
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Running head: NETWORK PROJECT MANAGEMENT Network Project Management [Name of the Student] [Name of the University] [Author note]
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1NETWORK PROJECT MANAGEMENT Executive Summary: du Telecom is the organization which is associated with providing mobile as well as fixed telephony along with broadband connectivity and IPTV services all across the United Arab Emirates. These services are provided to peoples, to their homes and business as well. This organization was established in the year of 2006 when the market was entirely saturated assistedwith100%penetration.TheorganizationhassignedaMemorandumof understanding with the Huawei Technology Co. Ltd. The main of doing this is for defining the practices which are best for the management of portfolio and the concepts, techniques and process included in a project, for their industries and this also includes the transfer of knowledge and research. Besides this both the organizations have thought of working together so as to exchange the practice which are best in the industry methodologies, techniques, tools and concepts. Du knows properly that each project which is taking place in a specific context involves a team who have never worked together before and besides this it might also be requiring the assigning of responsibilities and roles who are new. This identified factors are considered to be a part of the project and a challenge for the project and for that reason the organization is looking for a partner who would be keep all these considerations into account so as to help the organization is overcoming the challenges. Besides this proper project leadership is the way by which the organization can also overcome the challenges. The report discusses about the risks that are likely to be faced and how this can be overcome. The report has also been discussing about the OPM3 Model as well.
2NETWORK PROJECT MANAGEMENT Project management methodology: Project management methodology is generally considered to be the combination of the practices which are logically related along with the methods or processes which are also logically related and is generally responsible for the determination of the fact how best it is plan, develop, control and deliver the project throughout the entire implementation process unless and until it is successfully completed and terminated. Besides this methodology is also scientifically proven and is considered to be a systematic and disciplined approach for project designing, execution and completion [1].The project execution methodology that has been adopted is the by appointment of a good project leader. The project manager or the project leader must be having project leadership skills. Development of leadership skills requires a lot of time in a person or an organization. A good leadership must be associated with analysis of the various kind of setbacks as well as the failures which would be acting as a roadmap for improvement. Besides this special focus is put upon the challenges that are faced by the project and should also learn for this so as to build better capabilities of managing a project in a successful way. Project management risk analysis: The risks that has been identified includes the following: Lack of cooperation between team members: The new project would be requiring the cooperation of each and every member associated with the project. It is often observed that the project is associated with involving members who have never worked together and this initially leads to a problem that they might not cooperate with one another or they might not be capable of coordinating with one another [2]. This initially leads to a state of conflict leading to various type of problems.
3NETWORK PROJECT MANAGEMENT Inappropriate assigning of roles and responsibilities: The project consists of new members who have not worked together and this is initially responsible for a problem that is the capabilities of the members are not known and when a specific role or responsibility is assigned to them they might not be capable of performing the task assigned to them [3]. This would initially be responsible for the failure of the project or delay of the project. Competitive risks: The market in which the project is to be deployed is facing a fierce amount of competition and this this might be considered to be one of the major risk. The major reason for this risk is that the telecom operators are associated with contending by making constant changes and long-term uncertainty [4]. High competition might act as a barrier to the success of the project. Lack of appropriate leadership: The high completion can be affecting the leadership qualities as well. The lack of appropriate leadership light lead to problems like incapability of delegating and slower decision making. Risk mitigation plan: Risk mitigation plan is generally considered to be the process which is associated with the development of the option and actions that are responsible for the enhancement of the opportunities and reduction of the threats faced by the project objectives. This plan would be involving the implementation of the various risk mitigation actions [5]. The first step involves the risk identification which is followed by the evaluation of the risks and lastly the effective
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4NETWORK PROJECT MANAGEMENT risk mitigation strategy. Below is the figure which depicts the fundamental steps of risk management. Fig 1: Fundamental steps of risk management Source: (Kerzner and Kerzner, 2017) The risks that are faced by the project can be mitigated by understanding the basic requirements of the project. Besides this conducting of group meetings, discussions, and an effective communication plan would be helping a lot in making the new members of the project coordinate together. Besides this the market needs to be analyzed in a proper way before deployment of the project so as to understand it and deploy the project accordingly. Project leader is to be appointed who would skilled enough to guide the entire project achieve success.
5NETWORK PROJECT MANAGEMENT OPM3: OPM3 or the Organizational Project Management Maturity Model is one of the best practice standard which is globally recognized and is used for the purpose of accessing and assessing the capabilities related to the execution strategy through projects by making use of the portfolio management, program management and project management [6]. Besides this the OPM3 methodology is associated with providing a method for the organizations for the purpose of understanding the Organizational Project Management processes and practices along with making sure of the fact that these processes are capable of performing successfully in a consistent and predictable way. The major reason behind the designing of the OPM3 is that it would be providing a wide range of benefits to organizations, senior management and to those who are engaged in the project management activities. The majorbenefits of the OPM3 have been listed below: Associated with strengthening of the link that exists between the strategic planning and execution so as to make the outcomes of the project predictable, reliable, consistent and correlated to the success of the organization [7]. Associated with identifying the best practices which are responsible for providing support to the process of implementing the strategies of the organization through successful projects. Helps in the identification of the specific capabilities which are associated with making up the Best practices along with the dependencies amongst those best practices and capabilities. The disadvantages of the OPM3 Model have been listed below: The original version of the OPM3primarily consisted of only the “Capability Statements” which was users utilized for evaluating the current capabilities of the organization and for
6NETWORK PROJECT MANAGEMENT identification of the steps which are necessary for the organizations so as to achieve the maturity of next level. The OPM3 models are based on the TQM or total quality management principles in which some of the key principles have not been accorded the importance in the maturity models which was intended by the TQM philosophy, the empirical track records of the TQM gets mixed. Besides this the principles are complex to operate and interpret [8]. Ethical Issues: Two of the major ethical issues that are likely to be faced during the deployment of the project includes the following: Conflicts of interest:This is one of the major ethical issue that might eb faced by the project manager. This occurs when an individual or a group associated with the project is having multiple interest in a project which might be responsible for compromising of the integrity of the process. Acceptance of blames:In case if something is going wrong in a project then the manager might shift eth blame to the workers, supervisors or to the vendors in order to protect his position. In this type of situation, the person responsible might also be associated with hiding the evidences which are likely to incriminate that person in the failure of the project. So for this type if condition the person responsible should be looking for solutions so as to eliminate the problem instead of shifting the blame upon others.
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7NETWORK PROJECT MANAGEMENT References: [1.]H. Kerzner and H.R. Kerzner,Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons, 2017. [2.]R. Joslin, and R. Müller, Relationships between a project management methodology and project success in different project governance contexts.International Journal of Project Management,33(6), pp.1377-1392, 2015. [3.]F.HarrisonandD.Lock,Advancedprojectmanagement:astructuredapproach. Routledge, 2017. [4.]A.C. Cagliano, S. Grimaldi and C. Rafele, Choosing project risk management techniques. A theoretical framework.Journal of Risk Research,18(2), pp.232-248, 2015. [5.]M.Hopkinson,Theprojectriskmaturitymodel:Measuringandimprovingrisk management capability. Routledge, 2017. [6.]J.M.NicholasandH.Steyn,Projectmanagementforengineering,businessand technology. Routledge, 2017. [7.]S. Titov, G. Bubnov, M. Guseva, A. Lyalin and I. Brikoshina, Capability maturity models in engineering companies: case study analysis. InITM Web of Conferences(Vol. 6, p. 03002). EDP Sciences, 2016. [8.]M.Hopkinson,Theprojectriskmaturitymodel:Measuringandimprovingrisk management capability. Routledge, 2017.