In: Accounting
How can you Manage the development and implementation of unit goals, objectives, policies, specifications, procedures and priorities? Please explain.
Deveploment and impletmentation of unit goals, objectives,
policies, specification and prioties can be considered to be part
of project management.
The successful development and implementation of all project’s
procedures. A project, regardless of its size, generally involves
five distinctive phases of equal importance: Initiation, Planning
and Design, Construction and Execution, Monitoring and Control,
Completion. The smooth and uninterrupted development and execution
of all the above phases ensures the success of a project.
Productive guidance, efficient communication and apt supervision of
the project’s team. Always keep in mind that the success or failure
of a project is highly dependent on teamwork, thus, the key to
success is always in collaboration. To this end, the establishment
of good communication is of major importance. On one hand,
information needs to be articulated in a clear, unambiguous and
complete way, so everything is comprehended fully by everyone and
on the other hand, is the ability to be able listen and receive
constructive feedback. The achievement of the project’s main goal
within the given constraints. The most important constraints are,
Scope in that the main goal of the project is completed within the
estimated Time, while being of the expected Quality and within the
estimated Budget. Staying within the agreed limitations always
feeds back into the measurement of a project’s performance and
success. Optimization of the allocated necessary inputs and their
application to meeting the project’s pre-defined objectives, is a
matter where is always space for improvement. All processes and
procedures can be reformed and upgraded to enhance the
sustainability of a project and to lead the team through the
strategic change process. Production of a complete project which
follows the client’s exclusive needs and objectives. This might
mean that you need to shape and reform the client’s vision or to
negotiate with them as regards the project’s objectives, to modify
them into feasible goals. Once the client’s aims are clearly
defined they usually impact on all decisions made by the project’s
stakeholders. Meeting the client’s expectations and keeping them
happy not only leads to a successful collaboration which might help
to eliminate surprises during project execution, but also ensures
the sustainability of your professional status in the future.