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

Project organisation structure, P roject organisation In this type of ...

P roject organisation In this type of organisation, the project management needs of all divisions of the company are served by a centralized separate division of skilled manag

Concept of values to an individual, An organisation's capacity to maintain ...

An organisation's capacity to maintain a sustainable competitive advantage depends largely on its core competencies as well as the ability to refine and enhance them in the context

What is the terminology used in mpmm, MPMM has adopted best practice termin...

MPMM has adopted best practice terminology to make sure that organizations communicate effectively whilst managing projects. Within the Glossary you will search definitions for all

Describe the main risks to which development projects, Question: (a) P...

Question: (a) Projects are widely known for their tendency to run late and over-budget. (i) Choose an organization of your choice and briefly describe the main risks to

Macro environment, The influence an organisation will normally have over it...

The influence an organisation will normally have over its macro environment will be Limited or non existent

What are the contents of project planning document, What are the contents o...

What are the contents of project planning document? Contents of a PPD (project planning document): a. Project resource plans b. Quality control and quality policies proce

Explain to g the role of the project manager, P Company manufactures and se...

P Company manufactures and sells a range of children's clothing through its retail shops and is currently designing a website in order to allow customers to purchase products onlin

Project team members , Project team members  Ensuring success of a proj...

Project team members  Ensuring success of a project is one and only goal of all the project team members. The responsibilities of project team members are to:    Provide

Continuous improvement - elements of tqm, Continuous improvement: The ...

Continuous improvement: The library should set goals for continuous improvement. To develop this a focus  on training,  education, communication, recognition  of achievements

Understand strategy of organisation by project manager, Why is it significa...

Why is it significant for project managers to understand the strategy of the organisation which uses their services? This enables the project to be considered in the context of

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