Managing Complex Projects: Strategies and Challenges
VerifiedAdded on 2023/04/21
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Essay
AI Summary
This essay provides an overview of complex project management, highlighting the importance of skills and strategies required to manage intricate projects effectively. It discusses the challenges associated with complex projects, such as incorrect resource estimation, poor communication, and lack of stakeholder involvement. The essay also explores the concept of managerial complexity, emphasizing the need for project managers to distinguish between complicated, difficult, and complex scenarios. It further examines the dynamic and structural aspects of project complexity and the application of parametric estimating in improving project outcomes. The essay concludes by advocating for the use of parametric estimating in projects to reconcile issues related to schedule and cost estimates, ultimately enhancing project success. Desklib offers a wealth of similar resources for students.
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