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Concept of Project Management (Doc)

   

Added on  2020-07-22

16 Pages5690 Words30 Views
FinanceProfessional Development
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ProjectManagement
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Table of ContentsINTRODUCTION...........................................................................................................................1The causes, environments, and properties of complex projects .................................................1Different tools and techniques to aid a project manager manage complex projects..................3The degree and nature of the projects in context of the theories and ideas of complex project 6Projects with lots of parts and interconnections..........................................................................9Projects that contain a great deal of uncertainty ......................................................................10project that are heavily time-constrained..................................................................................11CONCLUSION..............................................................................................................................12REFERENCES..............................................................................................................................13
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INTRODUCTIONThe concept of project management is the application of process, methods, knowledge,skills and experience in order to achieve the objectives of the project. If the objectives areachieved in the project, then that is usually deemed to be a success. In order to determinewhether the benefit to the organisation will be there an idea for a project will be carefullyexamined (Addis, 2012). It is being identified by the decision-maker whether the project will berealistically be completed. The resources, time, budget etc. is being allocated by the projectmanagers in order to fulfil the objectives of the project. On a variety of factors the way the workis managed depends on. At producing an end product project management is essentially aims .Within given time constraints, the goals of the project need to be achieved. In the projectdocumentation, the information is described usually that is being created at the starting ofdevelopment process. The scope, quality, budget etc. are the primary constraints.In this report the causes, environments and properties of the complex project will beexplained. This report will also represent the different tools techniques that can be used by theproject manager in order to manager complex project. Furthermore, this projects will presentlots of parts and interconnection and that contain a great deal of uncertainty.The causes, environments, and properties of complex projects Causes of complex projects Due to budget and team size, strategic viewpoints, stakeholder engagement complexproject can be viewed as complex. And also the impact of dedicated teams that are doing projectbased work that span from one to five years form extension can also be the cause of complexprojects (De Bruijn and Ten Heuvelhof, 2010). A series of challenges of greater magnitude isbeing there in managing a complex project. From small to large projects the project complexityreally has no boundaries . The number of variables and interfaced, lack of awareness of eventsand casualty are some causes of the project complexity. The rapid rate of change can also be thecause of complex project.The construction projects also come in the category of complex projects. In addition, theconstruction is described as a complex and risky business. In the construction industry, theproject complexity can be considered when a project includes the work of construction on aconfined field with access difficulty and many y trades are required to work in proximity and atthe same time. In the industry there seems to be two perspective of project complexity that is,1
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managerial perspective and operative and technological perspective. In the construction project,when a lot of details are needed about how to be executed, then it is considered as complexprojects. In the managerial perspective the plan is being made to bring together the various partsof the work to form the wok flow. However, on technological perspective includes the technicalintricacies or complexities of executing individual pieces of work. From the use of resources andthe in which they are being carried out they may originate. Not only due to technical issues theprojects are being described as complex projects about also due to wide organisational factorswhich are beyond the control of project manager's the project is termed as complex (Dykstra,2011.).In a IT project the project is termed as complex projects when in creating somethingunique or solve some issue when there is some complexity. Due to uncertainty this type ofuncertainty arises. It is not sure whether the outcome of project will work or not. This is knownas complexity of faith. With a large amount of interdependent information when in the projectwe have to deal then it is termed a complexity of fact. In this no time there is to understand thefull evaluation and undertone the information but there is a need to take a decision. In the twokey concept that is differentiation and interdependency, the project complexity is defined(Fleming and Koppelman, 2016). The number of varied elements is referred to as differentiationand among those element the degree of interrelatedness are referred as interdependency. Thestructural complexity arises when there is difficulty in managing and keeping task of hugenumber of interrelated tasks and activities. With large construction, engineering and defenceprojects it is commonly associated. Technical complexity is found in projects that have technicalor design issues that are linked with product that have not being before produced. When theprojects are made in which the techniques are not known or untried then this type of complexitiestakes place. For an instance, in IT projects while developing software if that tools is not usedbefore then there can be issues that can be theree in the project. By shifting and unanticipatedenvironmental impact or unexpected legislative, changes can be the reason of temporalcomplexity.Environment of complex projects In every project there is a unique challenges. In the complex issues the environmentalawareness is required by a project manager. In terms of people, process and technology thebusiness projects can be characterised .In the complex environments the challenges are amplified,2
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