Question

In: Operations Management

Find a recent news article on an ongoing project, evaluate the management’s performance, and explain how...

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.

Solutions

Expert Solution

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.


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