logo

Benefits of Project Management PDF

   

Added on  2021-02-19

9 Pages3225 Words37 Views
ProjectManagement

Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................11. Merits and demerits of different forms of organisational structure and importance ofunderstanding it for a project manager........................................................................................12. Different stages of team development and they way in which it is managed with example...23. Role of traditional process management duties of planning, organising and controlling inproject management.....................................................................................................................34. The ways in which organisational culture impacts project management................................45. Different options models and when should they be used to evaluate projects with example..5CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7

INTRODUCTIONProject management is a process which covers various activities such as planning,initiating, executing, monitoring, measuring and controlling different project that are carrying outby an organisation. For large as well as small business entities it is vital to focus on it so thatlong term business goals could be achieved (Hidding and Nicholas, 2017). The enterprise whichis selected for this report is Hong Kong Jockey Club which one of the oldest institutions of HongKong. It was founded in year 1884. Chairman of the organisation is Anthony Chow Wing Kinand CEO is Winfried Engelbrecht Bresges. This assignment covers various topics such as meritsand demerits of organisational structure, importance of it for project manager, stages of teamdevelopment, the way in which it could be managed and role of traditional process managementduties. Along with this, impact of the ways in which organisational culture can impact projectmanagement, options models and when should they be used are also discussed under this project.MAIN BODY1. Merits and demerits of different forms of organisational structure and importance ofunderstanding it for a project managerOrganisational structure: It can be defined as a system which is used by business entitiessuch as Hong Kong Jockey Club in order to establish a proper chain of command at workplace(Different organisational structures, 2019). There are various types of it which are describedbelow:Functional structure: It is also known as bureaucratic structure which segregateorganisation in different parts according to speciality. It could be used by manager of Hong KongJockey Club by modifying their leadership style according to the projects that are undertaken bythem (Höst, Stol and Oručević-Alagić, 2014).Merits: In this type of structure management can lead toward effect8ive management atworkplace because there is only one person who will be informed by all the teammembers regarding their work.Demerits: When it is used by business entities then it creates situation of lack ofinteraction and coordination between different departments of organisation.1

End of preview

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

Related Documents
Leading Organization Sample Assignment
|14
|4830
|96

Business Strategy Management
|16
|5049
|57

Project Management - Assessment
|10
|3079
|56

Efficacy of 6 Week Core Training Program for Balance, Core Endurance, and Low Back Pain
|10
|3082
|90

ABC Costing: Implementation, Merits, Demerits and Evaluation
|9
|2654
|296

Engineering Management | Assignment
|9
|2085
|17