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In: Accounting

How can you Manage the development and implementation of unit goals, objectives, policies, specifications, procedures and...

How can you Manage the development and implementation of unit goals, objectives, policies, specifications, procedures and priorities? Please explain.

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Expert Solution

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.


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