In: Operations Management
Find a recent news article on an ongoing project, evaluate the management’s performance, and explain how the project could be better organized and managed.
Project management is the practice of guiding the team to
achieve goals and meet the criteria for success within the defined
timeframe. The main challenge for project management is to achieve
all project objectives within the defined limits. This information
is often described in project documents that were created in the
early stages of the development process. The main limitations are
scope, time, quality and budget. The second challenge is to
optimize the allocation of necessary resources and implement them
to achieve the pre-determined goals.
The goal of project management is to develop a complete project
that meets the client's goals. In many cases, project management
goals also need to create or update customer information to achieve
customer goals. Once the client's goals are clearly established,
they must influence all decisions made by other people involved in
the project - for example, project managers, designers,
subcontractors and subcontractors. An improperly defined goal, or a
well-defined project management goal, undermines the
decision.
A project is a temporary activity designed to produce a single
product, service, or outcome, with a specific beginning and end
(usually timed and often defined by the fund or staff) carried out
to achieve the goal. And special purpose usually to obtain useful
or value-added changes. The temporary nature of a project is the
opposite of a typical business (or operation) where repetitive,
semi-permanent, or semi-permanent activities are required for the
production of a product or service. In practice, management of such
separate production methods requires the development of different
technical skills and management strategies.