Strategy for project implementation, Project Management

Assignment Help:

A strategy for project implementation

Projects involving  small number  of  activities,  resources,  constraints  and inter-relationship can be visualized easily by the human mind and planned casually. However, the project crosses certain threshold level of size and complexity, informal planning has to be substituted by formal planning. The requirement for formal planning is certainly much greater for project work than the normal operations. Without effective planning, there may be confusion.

Functions of planning:

  • Planning a fundamental aspect of management, serves several significant functions.
  • To allocate responsibilities, organising the project work for the individuals is like a back bone.
  • This is a means of communication and harmonisation between all those involved in the project.
  • People are induced to look ahead.
  • Logic of urgency and timely consciousness are being instilled.
  • It establishes the basis of monitoring and to be under control.

Areas of planning:

  • Plan the project work.
  • Plan the resources and organisation.
  • Plan the money.
  • Plan the information system.
  • Steps in project planning:
  • Project objectives to be set
  • Work activities to be identified.
  • Create project organisation
  • Prepare project schedule.
  • Make budget and resource plan.
  • Prepare forecast of time, work, cost and performance projections.
  • No of contractors to be included in terms of contract.

374_project planning].png

Figure 12.2: Steps in Project planning

Let us now discuss Project objectives and policies:

  • Frequently, the focus of project planning is on questions like who does what and when. Before such operational planning is ready, the objectives and policies guiding the project planning exercise must be articulated. The questions to be answered in this framework here are: What are the technical and performance objectives and goals? Where is the time and cost goals?
  • Vendor management has been a major issue of policy making. The concern here is the extent of work that is given to contractors. Well- defined objectives and policies serve as the framework for the decisions to be made by the project manager. All the way through the life of a project, he has to look for a compromise between the conflicting goals of technical performance, cost standard, and time target.

Related Discussions:- Strategy for project implementation

Modification of supply - aggregate planning, Modification of Supply - Aggre...

Modification of Supply - Aggregate Planning Some of the methods by which we can modify the supply to match the demand are: a.Hiring and Lay off of Employees: As this poli

What do you mean by gates and milestones, What do you mean by Gates and Mil...

What do you mean by Gates and Milestones? Gates and milestones: Milestones are a completion of main interim objectives for a project for example the key stages of a pro

Project lifecycle for the training centre project, T Company has identified...

T Company has identified a need for, and made a decision to open, a new training centre in one of the major cities in E Country. This is a large scale project for T Company and it

Project value - measure for project management value, P roject value T...

P roject value The organisations add value to the business through the series of processes. Increasingly such processes are usually undertaken within the context of the projec

Evaluation of the prototype, At this stage of design the designer will...

At this stage of design the designer will invariably by under tremendous pressure to quickly finish the design and pass it on for production. This is so because even w

National competitive bidding (ncb) , Steps for National Competitive Bidding...

Steps for National Competitive Bidding (NCB)  Similar to ICB, we have two ways involved in NCB: one with pre-qualification, another without prequalification. Steps for NCB are

Factors affecting process planning-size of raw material, Factor Affecting P...

Factor Affecting Process Planning Size and form of Raw Materials: Process planning actually starts with the blank selection. The blank or initial raw material may be ava

Factors affecting process design - level of product, Factors affecting Proc...

Factors affecting Process Design - Level of Product In today marketing environment mass produced products with high product quality offer a better competitive edge to the manu

Types of information collected when undertaking competitor, S is enrolled o...

S is enrolled on T Company's management development programme.  Although S has a financial background, the aim of the management development programme is to help him to gain a bett

Decide modules, There are also seven decide modules on our model. The first...

There are also seven decide modules on our model. The first one decides whether patients need a wheel chair or not; if yes, they will be sent to a clerk who is responsible for spec

Write Your Message!

Captcha
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