Project Management | Dining Restaurant in Singapore
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Running head: PROJECT MANAGEMENT
Project management
Name of the Student
Name of the University
Author’s Note
Project management
Name of the Student
Name of the University
Author’s Note
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1
PROJECT MANAGEMENT
Table of Contents
1. Introduction..................................................................................................................................2
2. Project network............................................................................................................................2
2.1 Network information.............................................................................................................2
2.2 Network diagram...................................................................................................................3
2.3 Gantt chart.............................................................................................................................4
3. Risk management........................................................................................................................4
3.1 Risks identified......................................................................................................................4
3.2 Risk assessment.....................................................................................................................6
3.3 Risk response development...................................................................................................6
3.4 Risk response control.............................................................................................................8
4. Types of project constrain.......................................................................................................8
4.1 Resource constraint project....................................................................................................8
4.2 Resource constraint scheduling.............................................................................................9
5. Project duration............................................................................................................................9
5.1 Reduce project duration.......................................................................................................12
6. Project management...................................................................................................................12
6.1 Managing the project...........................................................................................................12
6.2 Dependency Map.................................................................................................................13
6.3 Characteristics of project manager......................................................................................13
7. Project team...............................................................................................................................13
7.1 Steps to project team development......................................................................................13
8. Monitor project..........................................................................................................................14
8.1 Project process.....................................................................................................................14
PROJECT MANAGEMENT
Table of Contents
1. Introduction..................................................................................................................................2
2. Project network............................................................................................................................2
2.1 Network information.............................................................................................................2
2.2 Network diagram...................................................................................................................3
2.3 Gantt chart.............................................................................................................................4
3. Risk management........................................................................................................................4
3.1 Risks identified......................................................................................................................4
3.2 Risk assessment.....................................................................................................................6
3.3 Risk response development...................................................................................................6
3.4 Risk response control.............................................................................................................8
4. Types of project constrain.......................................................................................................8
4.1 Resource constraint project....................................................................................................8
4.2 Resource constraint scheduling.............................................................................................9
5. Project duration............................................................................................................................9
5.1 Reduce project duration.......................................................................................................12
6. Project management...................................................................................................................12
6.1 Managing the project...........................................................................................................12
6.2 Dependency Map.................................................................................................................13
6.3 Characteristics of project manager......................................................................................13
7. Project team...............................................................................................................................13
7.1 Steps to project team development......................................................................................13
8. Monitor project..........................................................................................................................14
8.1 Project process.....................................................................................................................14
2
PROJECT MANAGEMENT
8.2 Report..................................................................................................................................15
9. Step closure................................................................................................................................16
9.1 Wrap up closure activities...................................................................................................16
9.2 Performance evaluation.......................................................................................................16
9.3 Retrospective.......................................................................................................................16
10. Conclusion...............................................................................................................................17
Bibliography..................................................................................................................................18
PROJECT MANAGEMENT
8.2 Report..................................................................................................................................15
9. Step closure................................................................................................................................16
9.1 Wrap up closure activities...................................................................................................16
9.2 Performance evaluation.......................................................................................................16
9.3 Retrospective.......................................................................................................................16
10. Conclusion...............................................................................................................................17
Bibliography..................................................................................................................................18
3
PROJECT MANAGEMENT
1. Introduction
The paper generally focus on opening of an upscale dining restaurant in 269 beach road,
Singapore. The dining restaurant will be opened in Singapore for providing cost effective
services to the customers as the restaurants that are situated in in 269 beach road, are very much
expensive and unaffordable for all classes of people. In addition to this, the restaurant will be
helpful in providing a multi-sensory dining experience which will further tantalize the taste buds
of the customers. Moreover, the ambience of the restaurant is so good that it let the customers to
surrender their dominant senses as well as sight for allowing an individual to properly re-
evaluate the perception of the world. It is analyzed that the entire work of project will be
accomplished 55 days.
2. Project network
A network diagram visually helps in representing the entire project workflow effectively.
It is mainly utilized in order to successfully map the schedule of the project such that the entire
work of the project activities can be tracked successfully. As it helps in encompassing, each and
every action as well as outcome related with the project therefore, it is identified that network
diagram assists in illustrating the project scope effectively (Soe and Htike 2018). The developed
network diagram helps in allowing the manager in order to track each of the project element for
sharing the status effectively. Furthermore, a network diagram generally assists in boosting
performance of the project by minimizing the stress among the team members of the project
(Zeng and Dong 2019).
PROJECT MANAGEMENT
1. Introduction
The paper generally focus on opening of an upscale dining restaurant in 269 beach road,
Singapore. The dining restaurant will be opened in Singapore for providing cost effective
services to the customers as the restaurants that are situated in in 269 beach road, are very much
expensive and unaffordable for all classes of people. In addition to this, the restaurant will be
helpful in providing a multi-sensory dining experience which will further tantalize the taste buds
of the customers. Moreover, the ambience of the restaurant is so good that it let the customers to
surrender their dominant senses as well as sight for allowing an individual to properly re-
evaluate the perception of the world. It is analyzed that the entire work of project will be
accomplished 55 days.
2. Project network
A network diagram visually helps in representing the entire project workflow effectively.
It is mainly utilized in order to successfully map the schedule of the project such that the entire
work of the project activities can be tracked successfully. As it helps in encompassing, each and
every action as well as outcome related with the project therefore, it is identified that network
diagram assists in illustrating the project scope effectively (Soe and Htike 2018). The developed
network diagram helps in allowing the manager in order to track each of the project element for
sharing the status effectively. Furthermore, a network diagram generally assists in boosting
performance of the project by minimizing the stress among the team members of the project
(Zeng and Dong 2019).
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PROJECT MANAGEMENT
2.1 Network information
WBS
Activity Duration
Preceding
table
A Initiation of restaurant business objective 5 days
B Selecting items which will be served 6 days A
C Exploring various locations in Singapore 5 days B
D Analysis of competitive market 6 days C
E Consideration of laws and regulations 5 days D
F Exploring equipment’s as well as requirements
for restaurant
6 days
E
G Business structure establishment 5 days C
H Set up of the restaurant 16 days G
I Exploring health department regulations 6 days H
2.2 Network diagram
Figure 1: Network diagram
(Source: Created by Author)
PROJECT MANAGEMENT
2.1 Network information
WBS
Activity Duration
Preceding
table
A Initiation of restaurant business objective 5 days
B Selecting items which will be served 6 days A
C Exploring various locations in Singapore 5 days B
D Analysis of competitive market 6 days C
E Consideration of laws and regulations 5 days D
F Exploring equipment’s as well as requirements
for restaurant
6 days
E
G Business structure establishment 5 days C
H Set up of the restaurant 16 days G
I Exploring health department regulations 6 days H
2.2 Network diagram
Figure 1: Network diagram
(Source: Created by Author)
5
PROJECT MANAGEMENT
2.3 Gantt chart
Figure 2: Gantt chart
(Source: Created by Author)
3. Risk management
3.1 Risks identified
The risks that are identified while opening up a dining restaurant in Singapore is mainly
reflected in the table below:
Risk Id Risk Description
R1 Improper marketing If marketing is not done
through social media or
PROJECT MANAGEMENT
2.3 Gantt chart
Figure 2: Gantt chart
(Source: Created by Author)
3. Risk management
3.1 Risks identified
The risks that are identified while opening up a dining restaurant in Singapore is mainly
reflected in the table below:
Risk Id Risk Description
R1 Improper marketing If marketing is not done
through social media or
6
PROJECT MANAGEMENT
through other types of
advertising platform then a
very less group of people will
know about the services that
are mainly delivered by the
company.
R2 Schedule slippage The schedule that is created,
if not properly tracked then
the entire project will face
delay that can extend the
completion date of the
project.
R3 Budget shortfall If the resources of the project
are not used properly then the
work of the project will be
needed which can enhance
the total cost that is needed
for opening a dining
restaurant in Singapore.
R4 Late delivery of materials and
equipment’s for cooking
If the materials or
equipment’s which will be
required in restaurant is not
present then it will take time
PROJECT MANAGEMENT
through other types of
advertising platform then a
very less group of people will
know about the services that
are mainly delivered by the
company.
R2 Schedule slippage The schedule that is created,
if not properly tracked then
the entire project will face
delay that can extend the
completion date of the
project.
R3 Budget shortfall If the resources of the project
are not used properly then the
work of the project will be
needed which can enhance
the total cost that is needed
for opening a dining
restaurant in Singapore.
R4 Late delivery of materials and
equipment’s for cooking
If the materials or
equipment’s which will be
required in restaurant is not
present then it will take time
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PROJECT MANAGEMENT
to set up the restaurant.
3.2 Risk assessment
Risk Id Risk Likelihood Impact
R1 Improper marketing High High
R2 Schedule slippage High Medium
R3 Budget shortfall High High
R4 Late delivery of
materials and
equipment’s for
cooking
Medium Medium
3.3 Risk response development
Risk Id Risk Likelihood Impact Risk response
R1 Improper
marketing
High High It is necessary
to advertise the
offers that will
be delivered by
the restaurants
including the
food items so
that more people
will be able to
know about the
new restaurant.
PROJECT MANAGEMENT
to set up the restaurant.
3.2 Risk assessment
Risk Id Risk Likelihood Impact
R1 Improper marketing High High
R2 Schedule slippage High Medium
R3 Budget shortfall High High
R4 Late delivery of
materials and
equipment’s for
cooking
Medium Medium
3.3 Risk response development
Risk Id Risk Likelihood Impact Risk response
R1 Improper
marketing
High High It is necessary
to advertise the
offers that will
be delivered by
the restaurants
including the
food items so
that more people
will be able to
know about the
new restaurant.
8
PROJECT MANAGEMENT
R2 Schedule
slippage
High Medium Tracking the
progress report
daily is
considered as an
important step in
resolving project
related
challenges.
R3 Budget shortfall High High The resources
must be used
properly for
avoiding extra
use such that the
entire work of
the project gets
finished on time.
R4 Late delivery of
materials and
equipment’s for
cooking
Medium Medium Proper time
must be set for
the suppliers and
vendors so that
they can provide
all the
equipment’s and
PROJECT MANAGEMENT
R2 Schedule
slippage
High Medium Tracking the
progress report
daily is
considered as an
important step in
resolving project
related
challenges.
R3 Budget shortfall High High The resources
must be used
properly for
avoiding extra
use such that the
entire work of
the project gets
finished on time.
R4 Late delivery of
materials and
equipment’s for
cooking
Medium Medium Proper time
must be set for
the suppliers and
vendors so that
they can provide
all the
equipment’s and
9
PROJECT MANAGEMENT
materials on
time so that the
restaurant
operation can get
started without
facing delay.
3.4 Risk response control
The risk response control is a procedure which is mainly used for keeping the entire
project on track by properly monitoring all the residual risks properly in order to make sure
proper execution of risks as well as effectiveness of the entire plan for reducing the project
related challenges effectively.
4. Types of project constrain
4.1 Resource constraint project
It is found that in order to open a dining restaurant in Singapore, limited number of
resources are present. The human resources that are mainly associated in completing the project
are limited in number and there if a greater number of resources will be needed in completing the
project then it will create challenges for the project team as the total budget of the project can
generally increase (Kerzner 2017). Moreover, equipment as well as material related constraint
also increases the budget of the project which further can create a lot of economic challenges in
the project.
PROJECT MANAGEMENT
materials on
time so that the
restaurant
operation can get
started without
facing delay.
3.4 Risk response control
The risk response control is a procedure which is mainly used for keeping the entire
project on track by properly monitoring all the residual risks properly in order to make sure
proper execution of risks as well as effectiveness of the entire plan for reducing the project
related challenges effectively.
4. Types of project constrain
4.1 Resource constraint project
It is found that in order to open a dining restaurant in Singapore, limited number of
resources are present. The human resources that are mainly associated in completing the project
are limited in number and there if a greater number of resources will be needed in completing the
project then it will create challenges for the project team as the total budget of the project can
generally increase (Kerzner 2017). Moreover, equipment as well as material related constraint
also increases the budget of the project which further can create a lot of economic challenges in
the project.
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PROJECT MANAGEMENT
4.2 Resource constraint scheduling
Resource constraint scheduling is mainly needed the project when the availability of
project resources generally lacks. It is found as the entire work of the project generally gets
completed on time and the project does not face any type of problem of resource overloading as
well as stretching then resource constraint scheduling will not be required within the project.
5. Project duration
It is found that 55 days of time will be needed in order to open a fine dine restaurant in
Singapore successfully. The project schedule is provided below:
Figure 3: Project duration
(Source: Created by Author)
PROJECT MANAGEMENT
4.2 Resource constraint scheduling
Resource constraint scheduling is mainly needed the project when the availability of
project resources generally lacks. It is found as the entire work of the project generally gets
completed on time and the project does not face any type of problem of resource overloading as
well as stretching then resource constraint scheduling will not be required within the project.
5. Project duration
It is found that 55 days of time will be needed in order to open a fine dine restaurant in
Singapore successfully. The project schedule is provided below:
Figure 3: Project duration
(Source: Created by Author)
11
PROJECT MANAGEMENT
5.1 Reduce project duration
The entire project duration cam be reduced by following steps that are mainly elaborated
below:
Task splitting: The main aim of task splitting is to take large task and then properly spilt
in down into a number of tasks which could further start ahead of the execution of previous task.
When you properly examine a task then it is splited then an individual does not need to add a
greater number of resources for properly adjusting the overlap of the smaller tasks.
Crashing: It is also one of the methods that is used for reducing the project duration, In
this particular method, proper resources are generally added within the task for enhancing its rate
of completion (Badewi 2016).
6. Project management
6.1 Managing the project
Project management is a practice that is mainly used for properly initiating, planning,
controlling as well as completing the work for achieving proper goals and for effectively meeting
the success criteria within the entire project in the time that is specified.
PROJECT MANAGEMENT
5.1 Reduce project duration
The entire project duration cam be reduced by following steps that are mainly elaborated
below:
Task splitting: The main aim of task splitting is to take large task and then properly spilt
in down into a number of tasks which could further start ahead of the execution of previous task.
When you properly examine a task then it is splited then an individual does not need to add a
greater number of resources for properly adjusting the overlap of the smaller tasks.
Crashing: It is also one of the methods that is used for reducing the project duration, In
this particular method, proper resources are generally added within the task for enhancing its rate
of completion (Badewi 2016).
6. Project management
6.1 Managing the project
Project management is a practice that is mainly used for properly initiating, planning,
controlling as well as completing the work for achieving proper goals and for effectively meeting
the success criteria within the entire project in the time that is specified.
12
PROJECT MANAGEMENT
CEO
Management
team
Project
manager
Operations
team
HR
manager
Financial
manager
Operations
manager Health
departs.
Quality
analyst Legal
6.2 Dependency Map
Figure 3: Dependency map
(Source: Created by Author)
6.3 Characteristics of project manager
The project manager generally takes proper responsibility of initiating planning as well as
designing the entire work of project successfully. They generally have both technical as well as
knowledge related with the tasks in order to assign the work effectively for keeping the entire
work moving (Demirkesen and Ozorhon 2017). Furthermore, the project manager helps in
motivating team, assists in planning and properly manages the entire time of the project
effectively.
7. Project team
7.1 Steps to project team development
For team development, the steps that are mainly undertaken by the project team are
mainly illustrated below:
PROJECT MANAGEMENT
CEO
Management
team
Project
manager
Operations
team
HR
manager
Financial
manager
Operations
manager Health
departs.
Quality
analyst Legal
6.2 Dependency Map
Figure 3: Dependency map
(Source: Created by Author)
6.3 Characteristics of project manager
The project manager generally takes proper responsibility of initiating planning as well as
designing the entire work of project successfully. They generally have both technical as well as
knowledge related with the tasks in order to assign the work effectively for keeping the entire
work moving (Demirkesen and Ozorhon 2017). Furthermore, the project manager helps in
motivating team, assists in planning and properly manages the entire time of the project
effectively.
7. Project team
7.1 Steps to project team development
For team development, the steps that are mainly undertaken by the project team are
mainly illustrated below:
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PROJECT MANAGEMENT
Forming stage: In the initial stage of team development, the team members skills,
interest, project goals as well as timeline of the project are mainly discussed.
Storming stage: It is considered as the critical stage and in this stage, team performance
can decrease which generally can put into a number of unproductive related activities. In order to
effectively get through this step, the members need to overcome obstacles (Carvalho and
Rabechini 2017).
Norming stage: In this stage, conflict get resolved for the development of proper
consensus around the leader. It is found that the performance of team mainly decreases during
this particular stage as the team members generally learn to cooperate.
Performing stage: Within the performing stage, proper cooperation is mainly established
and proper structure is created for achieving the mission of the team. The performance as well as
conflicts generally deal with them effectively (Anantatmula and Rad 2018).
Adjourning stage: This is the last step, where the goals of the project team are
accomplished. The entire emphasis mainly wrapped up final tasks and then then entire effort and
results are documented.
8. Monitor project
8.1 Project process
The steps that are mainly undertaken by the project manager in order to monitor the
project activities are listed below:
Setting baseline: As per the baseline plan of the project, it is found that the hotel will be
set up successfully within 55 days of time and this helps in avoiding delay in the project.
PROJECT MANAGEMENT
Forming stage: In the initial stage of team development, the team members skills,
interest, project goals as well as timeline of the project are mainly discussed.
Storming stage: It is considered as the critical stage and in this stage, team performance
can decrease which generally can put into a number of unproductive related activities. In order to
effectively get through this step, the members need to overcome obstacles (Carvalho and
Rabechini 2017).
Norming stage: In this stage, conflict get resolved for the development of proper
consensus around the leader. It is found that the performance of team mainly decreases during
this particular stage as the team members generally learn to cooperate.
Performing stage: Within the performing stage, proper cooperation is mainly established
and proper structure is created for achieving the mission of the team. The performance as well as
conflicts generally deal with them effectively (Anantatmula and Rad 2018).
Adjourning stage: This is the last step, where the goals of the project team are
accomplished. The entire emphasis mainly wrapped up final tasks and then then entire effort and
results are documented.
8. Monitor project
8.1 Project process
The steps that are mainly undertaken by the project manager in order to monitor the
project activities are listed below:
Setting baseline: As per the baseline plan of the project, it is found that the hotel will be
set up successfully within 55 days of time and this helps in avoiding delay in the project.
14
PROJECT MANAGEMENT
Status report: The project status report assists in reflecting the work of the project is on
track and it will get accomplished within 55 days.
8.2 Report
The status report reflects that project is on track and it is identified that activity A,
activity B and activity c gets completed.
Figure 4: Status report
(Source: Created by Author)
PROJECT MANAGEMENT
Status report: The project status report assists in reflecting the work of the project is on
track and it will get accomplished within 55 days.
8.2 Report
The status report reflects that project is on track and it is identified that activity A,
activity B and activity c gets completed.
Figure 4: Status report
(Source: Created by Author)
15
PROJECT MANAGEMENT
9. Step closure
Project closure is the last project phase of the project where the project manager takes
responsibility of closing the project quite successfully. After closing the project activities, the
project manager prepares proper project documentation that includes all the significant
information related with the project.
9.1 Wrap up closure activities
In this particular step, the manager generally takes proper responsibility of wrapping the
project by using a checklist (Bjorvatn and Wald 2018). By using proper checklist, the project
manager generally checks the activity that is needed to be completed for clearing up before the
entire work gets completed. In this step, proper action is taken for determining which of the
project resources will be released.
9.2 Performance evaluation
In this project, the managers generally need to properly evaluating the project
performance of the project team quite successfully. For successfully evaluating the performance
of the project, the project manager develops an evaluation form for identyfying the different
performance measure of the project. In addition to this, the manager sets proper guidelines in
order to give proper feedback about the performance of the project. Furthermore, the
expectations for improvement are also elaborated (Muriana and Vizzini 2017).
9.3 Retrospective
A retrospective within the agile project management method is often related with the
scrum methodology of the project. In this step, the manager takes proper responsibility of
describing the meeting that is undertaken by the project team. During such type of meeting, the
PROJECT MANAGEMENT
9. Step closure
Project closure is the last project phase of the project where the project manager takes
responsibility of closing the project quite successfully. After closing the project activities, the
project manager prepares proper project documentation that includes all the significant
information related with the project.
9.1 Wrap up closure activities
In this particular step, the manager generally takes proper responsibility of wrapping the
project by using a checklist (Bjorvatn and Wald 2018). By using proper checklist, the project
manager generally checks the activity that is needed to be completed for clearing up before the
entire work gets completed. In this step, proper action is taken for determining which of the
project resources will be released.
9.2 Performance evaluation
In this project, the managers generally need to properly evaluating the project
performance of the project team quite successfully. For successfully evaluating the performance
of the project, the project manager develops an evaluation form for identyfying the different
performance measure of the project. In addition to this, the manager sets proper guidelines in
order to give proper feedback about the performance of the project. Furthermore, the
expectations for improvement are also elaborated (Muriana and Vizzini 2017).
9.3 Retrospective
A retrospective within the agile project management method is often related with the
scrum methodology of the project. In this step, the manager takes proper responsibility of
describing the meeting that is undertaken by the project team. During such type of meeting, the
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PROJECT MANAGEMENT
team generally looks back at different types of achievement and generally reflects on proper
steps for making improvement within the future projects.
10. Conclusion
It can be concluded from the entire project that the dining restaurant will be opened in
Singapore within 55 days of time span. With the development of the project, the people can
enjoy affordable meals in restaurants. The paper creates proper schedule and budget for the
successful completion of the project and elaborates ways for avoiding challenges in the project.
Moreover, the progress report also reflects that the work of the project is on track so that the
project gets finished on time.
PROJECT MANAGEMENT
team generally looks back at different types of achievement and generally reflects on proper
steps for making improvement within the future projects.
10. Conclusion
It can be concluded from the entire project that the dining restaurant will be opened in
Singapore within 55 days of time span. With the development of the project, the people can
enjoy affordable meals in restaurants. The paper creates proper schedule and budget for the
successful completion of the project and elaborates ways for avoiding challenges in the project.
Moreover, the progress report also reflects that the work of the project is on track so that the
project gets finished on time.
17
PROJECT MANAGEMENT
Bibliography
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factors on project success. Engineering Management Journal, 30(3), pp.165-178.
Andersen, E.S., 2016. Do project managers have different perspectives on project
management?. International Journal of Project Management, 34(1), pp.58-65.
Badewi, A., 2016. The impact of project management (PM) and benefits management (BM)
practices on project success: Towards developing a project benefits governance
framework. International Journal of Project Management, 34(4), pp.761-778.
Bjorvatn, T. and Wald, A., 2018. Project complexity and team-level absorptive capacity as
drivers of project management performance. International Journal of Project
Management, 36(6), pp.876-888.
Carvalho, M.M. and Rabechini Jr, R., 2017. Can project sustainability management impact
project success? An empirical study applying a contingent approach. International Journal of
Project Management, 35(6), pp.1120-1132.
Demirkesen, S. and Ozorhon, B., 2017. Impact of integration management on construction
project management performance. International Journal of Project Management, 35(8),
pp.1639-1654.
Kerzner, H., 2017. Project management: a systems approach to planning, scheduling, and
controlling. John Wiley & Sons.
Kerzner, H., 2019. Using the project management maturity model: strategic planning for project
management. John Wiley & Sons.
PROJECT MANAGEMENT
Bibliography
Anantatmula, V.S. and Rad, P.F., 2018. Role of organizational project management maturity
factors on project success. Engineering Management Journal, 30(3), pp.165-178.
Andersen, E.S., 2016. Do project managers have different perspectives on project
management?. International Journal of Project Management, 34(1), pp.58-65.
Badewi, A., 2016. The impact of project management (PM) and benefits management (BM)
practices on project success: Towards developing a project benefits governance
framework. International Journal of Project Management, 34(4), pp.761-778.
Bjorvatn, T. and Wald, A., 2018. Project complexity and team-level absorptive capacity as
drivers of project management performance. International Journal of Project
Management, 36(6), pp.876-888.
Carvalho, M.M. and Rabechini Jr, R., 2017. Can project sustainability management impact
project success? An empirical study applying a contingent approach. International Journal of
Project Management, 35(6), pp.1120-1132.
Demirkesen, S. and Ozorhon, B., 2017. Impact of integration management on construction
project management performance. International Journal of Project Management, 35(8),
pp.1639-1654.
Kerzner, H., 2017. Project management: a systems approach to planning, scheduling, and
controlling. John Wiley & Sons.
Kerzner, H., 2019. Using the project management maturity model: strategic planning for project
management. John Wiley & Sons.
18
PROJECT MANAGEMENT
Kerzner, H., 2017. Project management metrics, KPIs, and dashboards: a guide to measuring
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technique for assessment and mitigation. International Journal of Project Management, 35(3),
pp.320-340.
Papke-Shields, K.E. and Boyer-Wright, K.M., 2017. Strategic planning characteristics applied to
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Paquin, J.P., Gauthier, C. and Morin, P.P., 2016. The downside risk of project portfolios: The
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