Create a niche for their business operations

Assignment Help Business Management
Reference no: EM132065287

Task Description

Introduction

Businesses need to be innovative and creative to create a niche for their business operations. As competition is ever increasing, survivability of an organisation will depend on how well they respond to these challenges. One possible solution is project management. Good project management practices can help organisations to better plan, organise, manage and control work, which leads to better performance and increased productivity.

The project management methodologies of organisations may vary but nonetheless will have a common project management language and framework across the organisation, often adapted from external standards like those of the PMI. However, management structures are different in every organisation and therefore one project management methodology does not fit all. Selecting a standard methodology that does not fit within the framework of the organisation may not achieve its promised benefits.

Scenario

You are a project management consultancy and have been hired to advise three separate organisations on the best choice of project management methodology for each of their respective organisations. Details of the organisations are provided in assessment information accessible from the Assessment block in the unit Moodle site.

Task

You are to present your recommendations for the most appropriate project methodology for EACH of the three organisations to adopt. The methodologies can be chosen from one of the two most commonly known methodologies (i.e. PMBOK developed by the Project Management Institute or PRINCE2,developed by the Office of Government Commerce in the UK) or any other project management methodology that you think best suits the relevant organisation's needs. Your recommendations must be supported by detailed explanations and must also address the following questions:

  • Is implementing a project management methodology considered a management level activity? Who should be involved?
  • Should the chosen project management methodology be implemented in its entirety? Please support your decision with an implementation plan.
  • What issues might you encounter when implementing the chosen project management methodology?
  • What should be done to address the difficulties faced in attempting to implement the methodology?
  • What benefits do you attribute to the use of the chosen project management methodology

Reference no: EM132065287

Questions Cloud

Describe the mode of transmission of the public health issue : Describe the mode of transmission of the public health issue. Support your description with evidence from the research study and your independent research.
Licensing has become a more profitable venture : Licensing has become a more profitable venture for international companies because
Describe a health care barrier or issue that needs addressed : Describe a health care barrier or issue that needs addressed. Based on your Logic Model, present a brief summary of the health care barrier or issue presented.
How does archaeology inform us of our past : You are an anthropologist. Describe for me a marriage custom anywhere on the planet, different from western society.
Create a niche for their business operations : Businesses need to be innovative and creative to create a niche for their business operations. As competition is ever increasing
Calculate actual degree of operating leverage : Calculate Contribution Margin per unit. Calculate actual Degree of Operating Leverage. How you explain the change in degree of operating leverage?
What is data warehouse : What is data warehouse? How is it different from a transactional database?
Calculate the amount of liability : ABC Co. has 20 employees and each one is entitled to 30 days of annual paid vacation leave. Calculate the amount of liability at the end of 2015
The same average return as the market portfolio : You currently own a mutal fund that has a beta of 1 and pays the same average return as the market portfolio.

Reviews

Write a Review

Business Management Questions & Answers

  Various types of contracts

What are the The legal aspects of contractsThe contract review process and legal requirements. The various types of contracts that can be used and why they differThe maintenance of procurement documents and aspects of records management?

  Convenience store clerk''s conundrum

College sophomore Suzy Smart works part-time in the Handi Mart convenience store near campus. The manager at Handi Mart requires that each clerk arrive fifteen minutes prior to the start of the shift so that the clerk going off duty can review ..

  Monthly job vacancy rate and unemployment rate

You have data on the monthly job vacancy rate and unemployment rate in the U.S. and wish to estimate the Beveridge Curve.  Use a graph and a static time series model to estimate the Beveridge Curve using the data provided.  Interpret your results ..

  Swot analysis of toshiba corporation

SWOT Analysis of Toshiba Corporation

  Develop an madm table with the raw data

Develop an MADM table with the raw data. Convert the raw data to utilities (scaled on 0 to 1). Show the utility weights in a second table. Develop a third table with even weights (16.7%) for each variable.

  Important to understand the drivers of profitability

Why is it important to understand the drivers of profitability, as measured by the return on invested capital?

  Compare strengths of various organizational structures

Compare and contrast the strengths of the various organizational structures and explain which organizational structure you would work best in and why.

  How does your company address each of these

In what ways may a corporation's structure and culture be internal strengths or weaknesses? Look at your organization, and analyze its structural and cultural strengths and weaknesses. How can the weaknesses be improved? How would an IFAS Table he..

  Describe the steps necessary to issuing certificates

As an administrator for the Contoso Corporation, describe the steps necessary to issuing certificates to your users that are recognized by external clients.

  How widespread use of social media has increased attention

Discuss how mobile technology is changing the practice of business communication. Define ethical communication. Explain how the widespread use of social media has increased the attention given to the issue of transparency.

  Which type of entity did they create if they have no person

Todd and Cathy created a company that is a separate legal entity and will share ownership of that company on a 50/50 basis. Which type of entity did they create if they have no personal liability for the company's debts?

  Organizational cultures impact on decision making

Find a qualitative, a quantitative and a mixed methodology study on any of the 3 mentioned topics above. Share the title of each and share the abstract of each in your own words.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd