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

Network Security and Support, Choose a case study from the readings or use ...

Choose a case study from the readings or use your own workplace or organisation to discuss these questions. 1. What are the key elements of a sustainability statement? 2. What ar

Explain feasibility analysis and product development process, Q. Explain Fe...

Q. Explain Feasibility Analysis and Product development process? Once the product concepts have been  formed, the feasibility studies are conducted. This study involves the fol

Responsibilities of an event manager, Question 1: a) Outline the key r...

Question 1: a) Outline the key responsibilities of an Event Manager b) Give THREE clear working examples of possible event objectives for either a country, a resort, an or

Critical reasoning, Ask question #MinimA new client of theirs named “ S&Y ”...

Ask question #MinimA new client of theirs named “ S&Y ” has started handing good amount of projects to them. It is estimated that in the upcoming year this crucial client will be g

Layout planning and analysis, Layout Planning and Analysis Designing a...

Layout Planning and Analysis Designing and installing a layout for the first time and subsequent revision may be looked after by the. Engineering or planning department. Not i

Redundancy in public sector organisations, Question: (i) What are the d...

Question: (i) What are the different measures taken by Government so far to address problems of redundancy in public sector organisations in Mauritius? (ii) What reasonable

Maintenance job planning, Question 1: (a) What are the factors that y...

Question 1: (a) What are the factors that you would consider to determine the causes of Equipment failures during its life cycle? (b) Explain clearly the failure patter

What do you mean by fixed costs, What do you mean by fixed costs? Fix...

What do you mean by fixed costs? Fixed Cost: Cost may be described as the amount of expenditure incurred upon, or attributable to a specified thing. Fixed costs are such

What is memory virtualization, 1. Enterprises always seek to enhance the q...

1. Enterprises always seek to enhance the quality of service delivered to customers and end users. Justify. 2. Describe briefly the concept of capital budgeting for information

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