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

What are the uses of cost benefit analysis, What are the uses of Cost Benef...

What are the uses of Cost Benefit Analysis? Generally, this technique (complex cost benefit analysis) is advocated for use within decisions on public projects, wherein social c

Project Initiation and Planning Report, Task As the project manager you ar...

Task As the project manager you are required to present an initial project report to the project sponsor that shows how you propose to implement this project. As the project manag

Risk management in the tqm framework, Risk Management  in the TQM Framewor...

Risk Management  in the TQM Framework   Total  Quality Management (TQM) is one of the widely used project management technique or approach. TQM mainly concentrates on process m

Different strategies that lg use to manage the conflict, LG, the Managing D...

LG, the Managing Director of NWP Company, recently announced to the workforce that the Board had agreed to the establishment of a set of new working practices which should lead to

Advantages of product layout - low work in progress, Advantages of Product ...

Advantages of Product Layout - Low Work in Progress Since production is carried on in a pre arranged continuous sequence, the stock of work in progress of materials in transit

What is dummy activity in job operation of a project, What is dummy activit...

What is dummy activity in job operation of a project? Dummy Activity: All projects consist of a number of job operations or tasks that are termed as activities. An activi

Project management the managerial process, Are you able to assist with assi...

Are you able to assist with assignments mid terms finals at a masters level

Illustrate the term industrial relations briefly, Illustrate the term Indus...

Illustrate the term Industrial Relations briefly? Industrial Relations (IR): Industrial Relations are that aspect of management that deals along with the manpower of the e

Benefits of having a project and programme support office, What are the ben...

What are the benefits to an organisation of having a Project and Programme support office? The major advantages to an organisation by having a Project and Programme support off

Change management plan for an organisation, Change Management Plan for an O...

Change Management Plan for an Organisation Explain: (i) Background to organization (one page max) (ii) Analyse the organization situation by conducting a force field anal

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