Show the functional elements of parent organization

Assignment Help Project Management

Reference no: EM1343346

Various approaches to Project Management

Before we go into the merits of different approaches we will view the following stages though which every project goes through.

A) Project Formation: 1) Priorities 2) Procedures and 3) Schedules;

B) Buildup Phase: 1) Priorities 2) Schedules and Procedures;

C) Main Program: 1) Schedules 2) Technical and 3) Labor;

D) Phase-out: 1) Schedules 2) Personality and 3) Labor.

Approaches:

Functional:

In this approach the project is assigned to a functional unit having maximum interest in making the project a success or will be keen to implementing it. The functional elements of parent organization are adopted as the basis of administration of the project.

Matrix:

Matrix organization was developed to take advantage of pure project organization with some of the better features of the functional organization. With the result it can take a wide variety of specific forms according to demand of the project

VIRTUAL:

Virtual project management is the system by which virtual teams collaborate for a finite period of time towards a specific goal.

Reference no: EM1343346

Questions Cloud

Find the operating cash flow for project : Operating cash flow for the project - what is the operating cash flow for this project?

New product development : New Product Development - Is there any reason you would cancel this project

Describe the role of a project leader : Write an executive summary in which you describe the role of a project leader in creating a WBS and describe strategies a project leader would use to interpret the project scope statement.

Question related to systems analysis : Prepare a paper that analyzes an IT work-related project or fictitious project using systems analysis for a selected business system at the department or division level.

Show the functional elements of parent organization : The functional elements of parent organization are adopted as the basis of administration of the project - Virtual project management is the system by which virtual teams collaborate for a finite period of time towards a specific goal

Show the teams progress on your project : What are some sources of barriers to group effectiveness that this group may face in trying to meet its goals and show the teams progress on your project.

Show the system design issues : System Design Issues - If a project is poorly designed and constructed, will a well-planned and well-executed implementation effort help the project to succeed?

Find break-even point and dollar sales volume : What is the break-even point in units for the company and what is the dollar sales volume the firm must achieve to reach the break-even point

Classify costs associated with operation of a factory : Classify costs associated with operation of a factory - depreciation on cafeteria equipment and insurance on a building used in producing helicopters

User Account

All Pages