Project Management Report: East&Nord LLP Project Success Factors

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Added on  2022/12/28

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This report focuses on project management, specifically analyzing the case of East&Nord LLP, a company providing storage and distribution services. It outlines the project life cycle, including initiation, planning, execution, monitoring, and closure. The report emphasizes the importance of factors contributing to project success, such as an experienced project manager and a methodical approach. It also discusses learning outcomes like managing costs, time, and quality, risk identification, and stakeholder management. The report concludes that effective project management is crucial for achieving company objectives, highlighting the project manager's role in delivering successful projects. It references several academic sources that support the concepts discussed in the report.
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PROJECT MANAGEMENT
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TABLE OF CONTENT
Introduction
Project life cycle
Factors in the success of project
Learning outcome
Conclusion
References
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INTRODUCTION
Project management is the procedure of applying knowledge, principles, techniques,
tools, and skills in project activities to fulfil the requirement of project.
This report shows the project management of East&Nord llp, whose headquarter is
situated in Rainham. This company provides storage, distribution and ambient storage
services.
This report shows project management stages to deliver the project for the company apart
from this numerous factors has explained in this report which contributes in the success
of project management
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PROJECT LIFE CYCLE
Project manager has to coordinate with clients and customer to deliver a project plan,
which includes scope of the project, time span, schedules, customer satisfaction,
implementation of project, execution and monitoring of the project so that it can satisfy the
needs and demands of the customers.
Initiating the project
This is the first and foremost step in which the project manager describes the objective and
need of the project , what this specific project will achieve for that, the manger will discuss
the same with the stakeholder and explain them why they are adopting a new customer
relationship, what are the drawbacks in the current customer relationship database.
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CONT..
Planning
The next step is planning, in this project manager will make plan to achieve
the goals of the company which is to maintain the customer relationship data
base.
For that manger will assign the work and task to different departments and set
the deadlines, and prepare cost and schedule to meet to desired goal so that
task can get fulfilled on the time duration.
But here the manger has to make sure that the plans fulfil the drawbacks of
previous CRM strategies.
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FACTOR IN THE SUCCESS OF THE PROJECT
A project is known to be successful when the aim of the company get achieved, and that is only
possible when the aim of the project clearly communicated among all the departments and the
company have efficient team as well.
Experienced project manager
It is very important factor which makes the project successful, if the manger is experienced,
they will have more skills and confidence to attain the goal of the company on time..
In the absence of skilled and experienced project manager team will not get any guidance
hence the project will not get succeed
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CONT..
Methodical approach
Selection of methodical approach is the key feature behind the success of the project. It depends
on the method, tools and techniques implemented by the project manager.
It is up to the manager how they define the goal of the project to stakeholders and other
departments.
Planning
Most of the manager don't spend enough time in making plans, which is the biggest mistake of
them hence the project don't get attained on the given time duration. . So the manger has to
invest more time in planning because it leads success to the company.
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LEARNING OUTCOME
With the help of project management , anyone can prepare plan to accomplish the project goal and can
easily define the project life cycle as well.
Due to project management ,people will learn how to manage, organize and guide the team to achieve
the desired goal.
How to manage cost, time, quality of the project will be the learning from this project.
Identification of risk, how to analyze them, and how to handle such risk so that they don't become
barrier in the completion of the project is the learning outcome.
How to maintain the principle of project, and how to deal with the stakeholder is the biggest learning
from this project.
time management is the biggest learning from this project, how to achieve the goal on the set time
period is get to learn from this project.
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CONCLUSION
By analysing the entire report, it can be concluded that it speaks about project
management, and how the company can fulfil its objective with the help of project
manager.
This report shows the role of project manager in the delivery of project by initiating the
project, planning, executing, monitoring and closing.
This report shows with the help of project management steps company can easily attain
its goals.
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REFERENCES
Antwi, S., 2020. Project Management Plan for “GH Buy”: A Proposed Online Shopping
Platform.
Below, T.S.A.L., complex it projects management 16 steps to success.
Haberfellner and et.al, 2019. Characteristics of Successful Project Management.
In Systems Engineering (pp. 359-364). Birkhäuser, Cham.
Papke and et.al, 2017. Strategic planning characteristics applied to project
management. International Journal of Project Management. 35(2).pp.169-179.
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