Soft skills are essential for project managers as they help in effectively managing project components and communicating with stakeholders. The main soft skills include communication, leadership, motivation, decision making, and trust building.
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Running head: PROJECT MANAGEMENT PRINCIPLES PRM701 PROJECT MANAGEMENT PRINCIPLES Name of the Student Name of the University Author note
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1PROJECT MANAGEMENT PRINCIPLES Part 2: Question1: As a project manager you need to be skilled at both technical and socio-cultural abilities and “soft skills”. Please describe what soft skills are in general, list 5 skills and describe why they are important in project management and where they contribute to leading and managing project teams. Soft skills are essential elements for project managers as it helps in successfully managing the components.Thishelpsincommunicatingproperlywiththestakeholdersthatwillenhancethe performance of the project. The project manager must have an effective communication skill that willhelp in managing the projects effectively with minimum errors. Communication plays a major role in handling the task as with communication it becomes easy to manage the activities. Soft skills are referred to the character traits and interpersonal skills that help in managing the team members efficiently. Soft skills are important part as it helps in completing the project within the time and budget provided by the client. Without communication it becomes difficult to manage the activities associated with the project. Soft skills will help in building up the trust among the people and will be able to resolve the conflicts. This also helps in providing a better edge towards the managers. The main soft skillsthatareessentialforaprojectmanagerincludesbetterleadershipqualities,motivation, communication, trust building, decision making and lastly the ability to manage the time based on the project requirements. These soft skills will enhance the way project can be managed. The soft skills important for a project manager are described below:
2PROJECT MANAGEMENT PRINCIPLES Communication:an effective communication is the key aspect for every project manager. It is important to have effective communication skills so that it becomes easy to manage the team members. Communicating openly becomes a necessity for a project manager in order to complete the project successfully. A good communication skill ensures that the project is being finished with the given timeline by communicating properly with the team members. Leadership:for a project manager it becomes essential to have proper technical and leadership skills so that they can manage the working effectively. The project manager should have proper leadership quality so that it becomes easy to manage the activities that are taking place within the project. An effective leader will be able to set the project efficiently by addressing all the requirements. Moreover it will become easy to resolve the conflicts. Thus a project manager must have a better leadership quality. Motivation:while conducting a project it becomes important to ensure that the manager is having a positive attitude towards the project. In addition to this the project manager must have the ability to motivate their team members for achieving the target (Hunt and Sahimi 2017). A positive attitude towards the project and project team members will help in managing the project efficiently. Motivation plays a crucial role in completing the project. Decision making:Decisions are mainly divided into routine, operational, emergency or routine. Decision process makes a huge different in performing the activities as it enhances the way of handling the project (Hopkinson, M., 2017). A project manager should possess the ability to make effective decision at critical time that will turn to be beneficial for the project management process.
3PROJECT MANAGEMENT PRINCIPLES Trust building:trust building capability is important for each project manager. This is the only aspect that will help the project managers to hold on to their team members. Without trust it will become difficult to carry out the project. Question 2: In project scheduling the concepts of critical path and float are fundamental. Please describe these elements and their importance, articulate how we calculate these figures and provide an example as to when they may change over the life of a project. Project scheduling plays a crucial role in the development of project. This is an integral part of the project planning process and it becomes difficult for a project to get executed without a proper project plan. Project schedule includes the timeline, availability, resources and delivery associated with the project. This helps the project manager to understand the requirements and helps in setting a proper timeline based on the client’s requirements. Critical path is referred to the process that helps inn identifying the critical and non critical tasks associated with a project. This is a step by step technique that helps in the project planning. The critical path method is referred to the schedule that will help in managing the tasks taking place within the system. This helps in determining the shortest path that is being covered by the activity. The major steps that are associated with the critical method includes specifying each activity at first time, establishing the dependencies based activity sequence, drawing the network diagram, estimating thee completion time for each activity, identifying the critical path and updating the critical path diagram (Conrado et al.2018). The main importance of using critical path within the project management is that it helps in prioritizing task based on their requirements. The task that falls directly on critical path has the potential to impact the performance of the project. Example for critical path:
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4PROJECT MANAGEMENT PRINCIPLES In order to calculate the critical path it becomes essential to identify the times taken by each path. In this activity the main aim is to reach Task C from task A. Thus it becomes essential to identify the critical path. The time calculated for finding the critical path is described below: Path1: From task A to task C via task B will take 7 hours Path 2: Task a to task c it will take 4 hrs Path 3: From task A to task c via task d it will take 6 hrs. Thus it can be stated that the second path is the critical path
5PROJECT MANAGEMENT PRINCIPLES Float is mainly referred to the technique in which a task can be delayed with a project without even impacting the other subsequent tasks. The float in a critical path is mainly zero. The total float in an activity is considered to be slack (Dingsøyr et al. 2019). The float is basically calculated by subtracting the early start date of the activity from the late start date. This can be calculated only if there is a difference in early start and late start date. For example ` From this example the float can be calculated. The upper values of each activity indicate the early stage and the lower values are late stages. In the above example the float can be calculated only for the activities that are having different early and latte values. The float value for D: (late start date-early start date) = (6-1) = 5
6PROJECT MANAGEMENT PRINCIPLES The float value for G: (16-1) = 15 The float value for F: (26-13) = 13 The float value for E: (19-6) = 13 Question 3: Business case The business case will help in understanding the basic requirements associated with ACT. The main aim of developing a business case is to understand the requirements associated with an organisation. The Australian tree crop has faced a CV are damage due to natural disasters in past few years. This has caused serious damages to words the trees. Does it becomes essential to develop a proper business case that will insure any fictive way of overcoming these disasters. Overview With the proper financial chart it will become easy to manage the activities. It becomes a essential to ensure proper protection towards the trees so that they can overcome the issues within short timeframe.ItisexpectedthatproperimplementationofPublicrelationwillensurethatthe organisation is able to achieve the best outcome in future. It is expected that the number of tree crops that are harvested over year will increase in the upcoming years. Problem statement There is a huge need to have proper control over each tree. The tree crop needs to be maintained properly so that they can overcome the challenges. The ACT organisation should maintain proper monitoring of the trees so that they can identify the habit is possessed by them.
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7PROJECT MANAGEMENT PRINCIPLES Situation analysis It is expected that proper operational and management activities will ensure better development of the in-house team. In addition to these each member of in-house team must be active enough for ensuring better protection towards the trees. Budget estimated The total budget expected estimated for conducting the business is around $45,000. Create a simple Work Breakdown Structure that also identifies likely associated resources for this project. Task NameDurationStartFinishPredecessors Natural disaster recovery plan Schedule102 daysMon 5/27/19Tue 10/15/19 Phase1: Project initiation19 daysMon 5/27/19Thu 6/20/19 Understanding project policy4 daysMon 5/27/19Thu 5/30/19 Cause behind natural vulnerabilities7 daysFri 5/31/19Mon 6/10/192 determining weather changes3 daysTue 6/11/19Thu 6/13/193 Reason analysis causing natural disaster5 daysTue 6/11/19Mon 6/17/193
8PROJECT MANAGEMENT PRINCIPLES Understanding the disaster policy3 daysTue 6/18/19Thu 6/20/194,5 Phase2: Project planning21 daysFri 6/21/19Fri 7/19/19 Team development based on project2 daysFri 6/21/19Mon 6/24/196 Risk management plan4 daysTue 6/25/19Fri 6/28/198 Communication management planning6 daysMon 7/1/19Mon 7/8/199 Procurement acts and law5 daysTue 7/9/19Mon 7/15/1910 Analysis of status based on Socio economic status4 daysTue 7/16/19Fri 7/19/1911 Phase3: Development of disaster management policy 32 daysMon 7/22/19Tue 9/3/19 Necessary system establishment8 daysMon 7/22/19Wed 7/31/1912 Establishing proper structure8 daysThu 8/1/19Mon 8/12/1914 Designing proper disaster recovery program4 daysTue 8/13/19Fri 8/16/1915
9PROJECT MANAGEMENT PRINCIPLES Identification of resources5 daysMon 8/19/19Fri 8/23/1916 Conducing capability analysis plan7 daysMon 8/26/19Tue 9/3/1917 Design of disaster and threat for the disaster8 daysWed 9/4/19Fri 9/13/1918 Phase4: Execution phase22 daysMon 9/16/19Tue 10/15/19 Response plan 15 daysMon 9/16/19Fri 9/20/1919 Response plan 27 daysMon 9/23/19Tue 10/1/1921 Response option 310 daysWed 10/2/19Tue 10/15/1922 Resources associated Resource NamesCost $35,912.00 $7,192.00
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12PROJECT MANAGEMENT PRINCIPLES Disasterrecovery planner $3,600.00 Part 3: Question 1 List and describe each step in the strategic planning process. A strategic planning process differs widely from project management processes. This helps in planning the individuals projects based on the task effectively that further helps in determining the mission, vision and goals associated with the project. The main aim of strategic planning process is that it helps in creating a roadmap for the purpose of achieving the objectives. However there are several steps associated with strategic planning process. This are described below: 1. Clarifying the vision: Before starting a project it becomes essential to determine the vision. This will help the development process of the project and will ensure that the developed process is based on the goal set by the project manager. The stages associated with this phase include determining the long and short term objectives, then identifying the process and accomplishing the objective effectively. This will help in matching the goals set by the client. 2. Gathering and analyzing the information
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13PROJECT MANAGEMENT PRINCIPLES It becomes essential to manage the process based on the strategy so that they can help in achieving the target. Before processing the strategy it is important to gather information related to the project so that it can help at the time of analysis. This information will be analyzed effectively so that they can provide better output at the execution time. 3. Formulating strategy The major step associated with forming the strategy is to review the information that is gathered after analysing the resources. It is important to determine the resources that are required for carrying out the project so that they can meet the objectives defined by the project manager. In addition to this the strategy will also involve identifying the areas that needs to identify the external resources (Ansoff et al. 2018). This will also involve prioritising the issues so that it can be resolved based on the importance. Thus this will help in developing alternative approaches that will ensure better way of targeting the project. 4. Implementing the strategy Successful strategy will help in implementing proper critical way that will ensure better way of meeting the target. The main aim behind implementing the strategy is to enhance the performance so that project can be delivered successfully (Wheelen et al. 2017). It is important to have a better knowledge about the responsibilities associated with the project so that each employee can perform tasks efficiently. This will help in executing the plan successfully within the time. 5. Evaluating and controlling the strategy Strategyevaluationandcontrolactionsareimportantfordeterminingtheperformance associated with the project. Monitoring internal and external issues will help in reacting with proper
14PROJECT MANAGEMENT PRINCIPLES sustainable changes. This will help in managing the activities taking place within the project.If you determine that the strategy is not moving the company toward its goal, take corrective actions. If those actions are not successful, then repeat the strategic management process (Bryson 2018). Because internal and external issues are constantly evolving, any data gained in this stage should be retained to help with any future strategies. Question 5 Identify and describe three reasons why understanding stakeholders is important to successfulprojectmanagement.Whichthreecriteriashouldyouconsiderwhen prioritizing stakeholders, provide a conceptual example. Stakeholder pleases a crucial role in development of a project. Hence it becomes essential to ensure that proper relationship is maintained with the stakeholders for successfully completing the project. The main reason behind understanding this stakeholder within the project is that it helps in developing a effective project relationship.These include understanding the stakeholders effectively for the purpose of delivering the project successfully (Lamas and Demeulemeester 2016).Thusit become essentialto establish a positive relationship with stakeholders so that they can help in achieving the desired goal.It isimportantto knowevery stakeholderscapabilityand needsto manage them accordingly so thatthey can work efficiently for the purpose meeting the project requirements.In addition to this the project manager should also focus on improving the stakeholder engagement so that they can maximise the project benefits and can ensure that they are capable of addressing the potential problems that are likely toarisewith the implementation of project.There are three reasons that states the importance of understanding the role ofstakeholders for successfully completing aproject. This helps in creating a desired project and gives positive supporttowardsthe project. Secondly it aims at
15PROJECT MANAGEMENT PRINCIPLES having a bettercommunicationwith the clients so that they can deliver the product as requested after analysing all the requirements.Lastly this helps in ensuring the project is being completed with the help ofeffective communication and each stages are being executed based on the requirements. Understanding the stakeholder rules also helps in setting the project direction effectively and ensures proper help in planning executing and delivering the project (Nikkhah et al. 2017). This also helps in developing a better sense of risk and insures that this restart mitigated with in the given time period. Stakeholders are the major components associated with the project and hence it becomes an essential to understand their importance within the project.Without them it becomes difficult to complete the project within time. The three criteria that are used for prioritising the stakeholders within a project includes proximity to the project, the power that are possessed by stakeholders wheat in the project and the needs of the stakeholders. Proximity to words the project is used for those stakeholders thatplays a crucial role in the development process. Secondly if the stakeholder has maximum power then it becomes important to give him the top priority (Mu et al. 2019).Apart from allthisin case any stakeholder have any urgency requirement then it becomes important for the project manager to provide them with a proper update within the time. Hence they need to be prioritised based on their task and importance of the task.Thusit can be stated that if a project manager followsthis prioritising method for stakeholders then it will become easy to manage the stakeholders within the project. In addition to this it will also ensure a better way of developing the project with minimum errors.Thus it can be stated that stakeholders are key components associated with projects and it becomes essential to maintain proper relationship with them in order to deliver a successful project.
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16PROJECT MANAGEMENT PRINCIPLES References Ansoff, H.I., Kipley, D., Lewis, A.O., Helm-Stevens, R. and Ansoff, R., 2018.Implanting strategic management. Springer. Bryson,J.M.,2018.Strategicplanningforpublicandnonprofitorganizations:Aguideto strengthening and sustaining organizational achievement. John Wiley & Sons. Conrado, D.J., Nicholas, T., Burton, J., Arnerić, S.P., Chen, D., Stone, J.A., Sinha, V., Willis, B.A., Kern,V.D.,Hill,D.L.andNovak,G.P.,2018.TheCriticalPathForAlzheimer’sDisease: HippocampalVolumeasanEnrichmentBiomarkerinTrialsofPatientswithMildCognitive Impairment.Alzheimer's & Dementia: The Journal of the Alzheimer's Association,14(7), p.P1076. Dingsøyr, T., Røyrvik, E. and Djarraya, H.K., 2019. Practical knowledge management tool use in a software consulting company.arXiv preprint arXiv:1903.01889. Hopkinson, M., 2017.The project risk maturity model: Measuring and improving risk management capability. Routledge. Hunt, A.G. and Sahimi, M., 2017. Flow, transport, and reaction in porous media: Percolation scaling, critical‐path analysis, and effective medium approximation.Reviews of Geophysics,55(4), pp.993- 1078. Kerzner,H.andKerzner,H.R.,2017.Projectmanagement:asystemsapproachtoplanning, scheduling, and controlling. John Wiley & Sons.
17PROJECT MANAGEMENT PRINCIPLES Lamas, P. and Demeulemeester, E., 2016. A purely proactive scheduling procedure for the resource- constrained project scheduling problem with stochastic activity durations.Journal of Scheduling,19(4), pp.409-428. Mu, W., Zou, Z., Liu, G., Yang, Y. and Shi, L., 2019. Depth Control Method of Profiling Float Based on an Improved Double PD Controller.IEEE Access,7, pp.43258-43268. Nikkhah, M., Nikkhah, A. and Afsahi, A., 2017. Evaluating the Implementation of Strategies in Plants Using Balanced Scorecard (BSC): A Case Study.International Journal of Research in Industrial Engineering,6(1), pp.39-50. Wheelen, T.L., Hunger, J.D., Hoffman, A.N. and Bamford, C.E., 2017.Strategic management and business policy(p. 55). Boston: pearson.