Project Management Reflection: Competencies and Project Selection

This report reflects on the principles of project management, focusing on the application of agile project management and benefit measurement methods. The author discusses the importance of project selection and its impact on the team's morale and project success. The report outlines the key steps in the project management process, from initiation and planning to execution, monitoring, and project closure. The author emphasizes the significance of balancing technical skills with soft skills, highlighting the need for project managers to consider the welfare of the team and stakeholders. The report also touches upon the business consequences of excessive workload, underscoring the importance of effective project management for achieving project objectives.

Running head: REFLECTION ON PROJECT MANAGEMENT
Reflection on Project Management
Name of the Student:
Name of the University:
Authors Note:

1
REFLECTION ON PROJECT MANAGEMENT
Project Management is the use of methods, talent, experience, procedures and
understanding to accomplish certain goals set for the project within established parameters. I, for
one, was a part of a project called ‘The Business consequences of Excessive Work’ which was
conducted for a period of 1.5 years.
It is common to our knowledge, handling a project has a time constraint and a fixed
budget, so the method adopted by us for the above mentioned project was the benefit
measurement method and the agile project management process (Kerzner, 2017). This approach
was particularly taken up because it analyses the possible benefits amongst the different projects
carried out in the similar area and then selects the most valuable ones. It is necessary to know the
significance of what an extra work load does on its employees. In my opinion, it does not only
affect their morale but also the health of employees.
Another equally important matter to be considered is the project management process.
According to my opinion, there are five key steps where the first step is where the project
actually commences showing that there exists a need for it to be conducted (Spundak, 2014).
This is then followed by planning and execution of the scheduled tasks. During the process, it is
crucial to monitor and evaluate the progress. Once the requirements are achieved and delivered,
it is time to close the project.

2
REFLECTION ON PROJECT MANAGEMENT
REFERNCES
Kerzner, H. (2017). Project management: a systems approach to planning, scheduling, and
controlling. John Wiley & Sons.
Špundak, M. (2014). Mixed agile/traditional project management methodology–reality or
illusion?. Procedia-Social and Behavioral Sciences, 119, 939-948.