Overview of project management and the benefits

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Reference no: EM133750078

Instruction

3D Guru is a start-up in the 3D printing market that produces custom 3D parts for product manufacturing firms in various industries such as Aerospace, Medical Device, Defense, Automotive, and Electronics that are used by engineers during the product development process to test fit and function of products and create production runs. The company is one of the leaders in the 3D printing market and has had some great success in recent years, including obtaining several patents, licenses, and proprietary technology that gives them a competitive edge. The increasingly competitive landscape has brought about a lot of acquisitions and has caused a decline in revenue coupled with an increase in marketing and production cost. Due to the increased competition, and a downturn in the economy, the company is now faced with the need to expand service offerings, grow its customer base, and increase revenue. The CEO would like to get some innovative projects going to fend off the competition and maintain the company's competitive edge.

You have been asked by the CEO, who is not familiar with the concept of project management, to explain what project managers do. In talking with the CEO, you realize that he thinks in terms of, "I just tell 'em to get the job done and they do it. Why do I need some fancy project manager?" It is moments like this that you regret working for a small company. You will prepare an executive summary for the CEO that outlines the project manager's role and the value they provide. Your executive summary should include the following:

Overview of project management and the benefits it provides
The responsibilities of a project manager
Benefits that hiring a project manager can provide in terms of improving project quality, resource management, schedule, and overall project success.
Critical skills and characteristics are needed to be a successful project manager.
Length: 2 to 3-page executive summary, not including the title and reference pages

Reference no: EM133750078

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