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

Communication strategy, Communication Strategy: Communication str...

Communication Strategy: Communication strategy, beginners as a concept in the 1980s by communication expert Mary Munter, provides as the basis for all management communic

Process of development, Q. Process of development? Figure shows the pro...

Q. Process of development? Figure shows the process of new product development in the form of a flow chart. As is evident, the process of development starts with the idea gene

Flexible manufacturing system, Flexible Manufacturing System FMS (Flex...

Flexible Manufacturing System FMS (Flexible manufacturing system) is a computer controlled system. It consists of several stations each geared to different operations. Work st

Appraisal process to help staff appreciate, KS, the Finance Manager of TZY ...

KS, the Finance Manager of TZY Company's Finance Department, is aware that it is approaching the time of year when he requirements to conduct staff appraisals. However, he is consc

PMP, A good leader is not necessarily a good manager.” Discuss this stateme...

A good leader is not necessarily a good manager.” Discuss this statement & compare leadership With management.

Data input errors, Discuss the typical data input errors in project managem...

Discuss the typical data input errors in project management.

Explain the elements of a service level agreement, Problem 1: (a) What...

Problem 1: (a) What do you meant by Life Cycle Costing? (b) Explain briefly the methodology for Life Cycle Costing. (c) Why might a procurement officer consider procuri

Disadvantages of three dimensional models, Disadvantages of Three Dimension...

Disadvantages of Three Dimensional Models They require more storage area, They are comparatively expensive than templates, It is difficult to take them to sh

Information software, what is project management information software

what is project management information software

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