Organizing a project undertaken by the organization

Reference no: EM131702266

The most important role of the project manager is planning, controlling, directing and organizing a project undertaken by the organization. The project manager is the overall overseer of the project and ensures that it is implemented as planned. The role of a project manager will not change over time because the success of any project depends on how well it is planned, controlled and executed. The project managers role therefore remains to be paramount in any organization undertaking a project.

The project manager is responsible for selecting a project for organizations. First, the project manager identifies possible projects that can be undertaken. Then, the projects are evaluated. This is where the projects are evaluated based on the returns that will generate. The project manager can use the Net Present value, payback period or benefit cost ratio to determine projects that will have higher returns. Finally, the project manager selects those projects that have greater benefits.

(W/C 155)

Reference no: EM131702266

Questions Cloud

Responsibility for application infrastructure-maintenance : Describe the technical and economic advantages that IaaS offers to a web startup that is preparing to launch its initial product. (Short question).

Justified in firing the palestinian professor : Do you think the university was justified in firing the Palestinian professor?

Write a brief synthesis and summary of the two articles : Research at least two articles on the topic of the strategic importance of cloud computing in business organizations.

Discuss how this price change affects the economy : Discuss how this price change affects the economy in the short and long term, contrasting the economic effects between the two time frames

Organizing a project undertaken by the organization : The most important role of the project manager is planning, controlling, directing and organizing a project undertaken by the organization.

Departing vice president a trade secret of current employer : A regional vice president directly supervised thirtyfour employees and had indirect supervision of more than 400 others. She also managed an annual budget.

Write about one specific educational experience from past : Write about one specific educational experience from your past in which you addressed a fear and overcame it and how you succeeded in this process.

The servicescape can be viewed as nonverbal communications : the servicescape can be viewed as nonverbal communications, The musty smell of old papers at a used bookstore is an example of an ambient condition

Method body generate a random number : Write a method called getPrice that takes no parameters and return double In the method body generate a random number between 1 and 50

User Account

All Pages