Project Management: Ensuring Project Success and Avoiding Delays

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This project management report discusses strategies for preventing delays in project activities, including setting clear goals, allocating resources effectively, and strategic planning. It evaluates actions a project manager can take to avoid exceeding the critical path, such as minimizing the impact on crucial tasks and breaking down large processes. The report also discusses measures for evaluating project success, including adherence to schedule and cost savings, and factors impacting success, such as a well-thought-out plan and strong leadership. Furthermore, it touches on assigning Risk Priority Numbers (RPN) to potential risks and using Gantt charts to monitor project progress, highlighting the chart's ability to reveal project status and facilitate resource allocation, which network diagrams do not. The report concludes that effective project management involves planning, coordinating, and directing operations, emphasizing the importance of client and risk evaluations. Desklib offers similar solved assignments for students.
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PROJECT
MANAGEMENT
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Contents
INTRODUCTION.......................................................................................................................................3
MAIN BODY..............................................................................................................................................3
Understanding 4 generic precautions that a Project leader may take to ensure that there is no delay on
any of a project’s activities......................................................................................................................3
Evaluate two different possible actions that the Project Manager could take to avoid exceeding the
current length of the critical path.............................................................................................................4
Discuss the three measures by which a project is evaluated and at least 2 factors that impact/weigh in
on project success....................................................................................................................................5
Assigning an RPN to potential risks that may occur during a project helps towards reducing the impact
of such risks on the project......................................................................................................................6
Using the Network Diagram information provided, create a Gantt Chart against which project progress
may be monitored....................................................................................................................................7
Identify and discuss two useful pieces of information that a Gantt chart may be used to reveal which a
Network Diagram does not......................................................................................................................8
CONCLUSION...........................................................................................................................................9
REFERENCES..........................................................................................................................................10
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INTRODUCTION
Almost every task is usually transitory in the sense that it has a stated start and end date, and also
a personalized framework for obtaining resources which are necessary, and therefore it is
indicative of the fact this is not a standard practice, but more a strange mix of features aimed at
achieving a specific goal. As a result, project managers that wouldn't even ordinarily interact -
either from separate enterprises or even across several regions - frequently demonstrate high
disparities. Programmes include the development of equipment to enhance corporate operations,
the restoration of buildings or bridges, the deployment of a peace agreement throughout the wake
of natural catastrophes, and the extension of products to developing companies. Project manager
is in charge of transferring ideas, abilities, techniques, and methods from development to
production in order to achieve the project's goal. All of this has been known for quite some time,
but it is only in the mid-twentieth decade that it becomes helpful in administration.
MAIN BODY
Understanding 4 generic precautions that a Project leader may take to ensure that there is
no delay on any of a project’s activities
Setting clear goals is arguably the much more essential factor in determining that you'll not
complete the project on schedule. It's normal to have lofty aspirations in order to make a good
initial impression, but it really is necessary to think about it. Recognize that under promising and
failing to deliver is better than broken promises and promises that aren't kept. Achievable,
measurable, and realistic objectives are the most efficient.
Put together a team to complete the remaining tasks and communicate the project's goal. Verify
that everyone understands their roles as well as the project's overarching goals. Explain the
success criteria and highlight the important occurrences included in the plan. Spend time
discussing the project's goals and, if necessary, whether or not these will be assessed.
It really is difficult to overstate the importance of putting together the required resources.
Whenever it comes to financial resources, you've most likely been given a limited income; assess
if the real spending could truly pay various compensation programmes, and recommend changes
or additional funding as soon as possible. Such people who are working on the task with you are
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the most important resources. Evaluate the program's make-up to see whether company has
enough people to finish the project on schedule if everybody understands the critical steps.
If that's the case, manager needs to adjust overall growth plan to accommodate for both the cost
and complexity to employ and train new employees. This strategic planning entails even more
than a to-do list. This is a thorough way of examining the project's schedule and also the
financial irregularities required to complete each task.
When create a project calendar, divide the programme down into discrete activities and projects,
various phases of its operation, build linkages, organize the jobs, and calculate the required
money and energy for each job. This strategy may be accessible to all players on the team. This
analysis of information is crucial to the success of a project. Setting good goals is important, but
somehow it won't assist if the company does not really collect data to track and assess the
development range in relation to specific goals, which might increase establishing goals.
Measures must be taken to keep records of work completion, effectiveness, and expense.
Routinely monitor in to verify if the team is on schedule.
Evaluate two different possible actions that the Project Manager could take to avoid
exceeding the current length of the critical path
As per the evaluation, big projects are those with no waste (float). When one task becomes
critical, however, anybody may alter the thinking. For instance, if a work requires between one
two days of flexibility, it may be designated as important. If company like to be alerted whenever
jobs have gone into becoming critical and you'll have another day or two to spend, this is really a
good option. The amount of freedom that has would be determined by the early and late
fulfillment timeframes of a policy's elements. This premature finish date appears to become the
quickest day the task can be finished, based on the work's start date and expected duration.
The gap among early and late completion deadlines determines the amount of discretion
available.
Work on and then minimize the adverse impact on a crucial path job.
Change a work limitation to offer one more solutions to bring.
Break down a massive process into manageable tasks that could be handled by several
personnel at the same time.
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Activity restrictions must be reconsidered to allow for more extension and flexion.
Give prior notification about clustering process wherever feasible.
Schedule in time for extension.
More money must be allocated to essential route works.
Discuss the three measures by which a project is evaluated and at least 2 factors that
impact/weigh in on project success
The ability to manage successful projects is frequently assessed with how well people stick to the
schedule. Effective managers recognise extremely tough these are, and it may be rendered a little
easier if users keep pace with innovation as they proceed. An even more formal plan assessment
might be done at the end of that with the phases or lifecycle, or as part of a project schedule
towards the top important stakeholders or perhaps the Task Force. It is indeed straightforward to
update a development plan created with an electronic Gantt chart, which converts milestone
schedule into visual timelines.
This is a great notion to do a thorough assessment during each step of growth. Overall
effectiveness of the techniques as well as the outcomes may be assessed. A performance
assessment can help you to find out if what you're doing meets the standards for greatness. This
is critical to seek out once again, well before the work proceeds very far, and it might be very
late later.
Since many programme managers regard cost savings to become one of their top priorities, it's
important to evaluate how much the program is performing financially. Taking a look at your
current expenditure in comparison to what you've budgeted for at this moment. Whether there
are any inconsistencies, attempt to determine how. In real-world situations, a program
monitoring could be used to monitor discretionary spending.
Having a well-thought-out plan in place first from start assures that now the program will be
successful. Overall bulk of the project's specialists should be informed of the project's goal first
from beginning. Its leadership may be able to reach significant milestones and single pattern as a
result of detailed preparation. There are numerous advantages to great leadership. It's the
project's initial step, and it allows for the establishment of even an acceptable timeline. It enables
the creation of exact revenue projections as well as a technological grasp of entire project. The
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sustainability of a project hinges on a strong closure. Such as the project manager, one should be
forceful with consumers and certify that about all critical performance standards had recently
been met. Overall project, validation, and then release validation must all be agreed upon and
signed off on once again.
Organizations recognize that strategic advantages project teams upon on board, in contrast to
most of the other original participants, is a key element of project accomplishment.
Assigning an RPN to potential risks that may occur during a project helps towards
reducing the impact of such risks on the project
That very same Risk Priority Number (RPN) is also a mathematics risk assessment assigned
either to a process or modules of the system when part of Failure Modes and Effects Analysis
(FMEA), in which a team distributes just about every despair technique quantitative information
that evaluates the likelihood of occurrence, likelihood of identifier, and impact of the risk, as
well as being the maximum RPN for the existing organization. When a firm is working to
improve a network, it may generate hypothetical RPNs considering different scenarios in order to
forecast and assess the effects of proposed changes. Nevertheless, please remember that perhaps
the RPN is only useful for assessing danger within a single operation; it's not suitable for
assessing potential across several procedure.
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Using the Network Diagram information provided, create a Gantt Chart against which
project progress may be monitored.
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Identify and discuss two useful pieces of information that a Gantt chart may be used to
reveal which a Network Diagram does not
This chart shows the relationship between project tasks. Several activities should be completed
prior going onto another, whereas others will not be started till the activities preceding before
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have also been completed. Identify what activities were simultaneous or which are sequential in
the company. Whenever tasks are interconnected, pay attention to the links between them. It
should help you understand how and when to properly arrange the project and it will assist
individuals in completing things mostly on schedule.
A Gantt structure is a framework that shows the status of the project. A networking
diagram is a graphical representation that depicts how well a project operates.
The focus is on activity and managerial abilities.
A well-thought-out approach for completing entire project
The Gantt Style may well be utilized to properly allocate funds.
The program's growth is documented, and the project's performance is measured. New,
prepared, in the works, completed, and on wait.
Changing and amending the time is straightforward.
The Gantt chart is used to illustrate the research findings. This may be utilised to better
effectively manage resource requirements, finances, and processes. The Network Diagram, but at
the other side, is indeed a graphical image of all program activities' relationships. A network
diagram, on the other hand, uses interconnections to represent the project's many operations in
standard format.
CONCLUSION
Management, according to the latest project research, is indeed the way of planning,
coordinating, and directing a variety of operations. Whenever operating on multiple initiatives at
once, it's important for everyone on the goal of evaluating if they're genuinely engaged on client
and danger evaluations. Apart from this one, in need for all the whole system to be completed, a
risk management as well as a task breakdown structure must be established.
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REFERENCES
BOOKS AND JOURNALS
Gapinski, A., 2017. Trust in Project Management: Analysis of the Proposed Model. Journal of
Management and Engineering Integration, 10(2), pp.12-19.
Jo, S. H., Lee, E. B. and Pyo, K. Y., 2018. Integrating a procurement management process into
critical chain project management (CCPM): A case-study on oil and gas projects, the piping
process. Sustainability, 10(6), p.1817.
Juanzon, J. B. P., 2019. Expectations and perceptions in engineering consulting project
management quality services: a gap analysis using AHP method and SERVQUAL
model. International Journal of Innovation, Management and Technology, 10(1), pp.38-42.
Laursen, M., 2017. Rethinking project management: A project value creation perspective on a
European Capital of Culture (Doctoral dissertation, PhD Thesis. Aarhus University Department
of Management).
Ljevo, Ž., Vukomanivc, M. and Džebo, S., 2017. Assessing the influence of project management
on quality during the early phases of construction projects. Organization, technology &
management in construction: an international journal, 9(1), pp.1584-1592.
Martsinkovska, O., 2020. MODERN APPROACHES TO TEAM MANAGEMENT IN THE
CONTEXT OF THE REALIZATION OF THE PROJECT. Regional aspects of productive
forces development of Ukraine, (21), pp.102-108.
Mkinga, G., 2019. The applicability of e-leadership on project management performance in
public institutions Dodoma region, Tanzania (Doctoral dissertation, The University of Dodoma).
Opel, D. S., Abbott, C. and Hart-Davidson, W., 2018. Toward an encounter team model of
clinical project management: A needs analysis of a family health center. Technical
Communication, 65(2), pp.181-193.
Preethi, S. and Manoharan, M., 2017. Project management and its effects of quality control in
construction sector. International Journal of Engineering and Management Research
(IJEMR), 7(2), pp.92-96.
Siriram, R., 2017. A hybrid (soft and hard) systems approach to project management. SSRG
International Journal of Industrial Engineering, 4(3), pp.1-16.
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