Project Management

StudentName’s

ProjectManagement

Aproject is a onetime activity. It entails activities which arerelated. These activities are planned and implemented in a particularmanner to produce a result within a specific period. The results canbe products or activities. Characteristics differentiating a projectfrom other activities are it has a definite life duration that is astart and a finish, a recognized intention, involves doing newthings, involves professionals and departments, and is specific inregard to cost, time and performance. There are several importance ofproject implementation. It creates ownership, capacity building,adherence of value participation and sustains it as well as creatinga product or service, it creates knowledge since projects involveslatest advances, it helps in corporate economizing, createsharmonization and alignment, big problems are represented by smallproblems.

Projectmanagement has technical and social cultural dimensions. Thetechnical side includes closely controlled, official, untaintedsensible elements of the procedures. It involves project crafting,resource developing, scheduling and project controls such as baselineduration, budget evaluation and monitoring, creation of assessmentsystems which are tools for project management which help incollection of every information which serves as a catalog forconnecting all organizational levels. The social cultural sideincludes the ability of the project manager to form a projectbackground that encourage the spirit of team work and personalenthusiasm level in addition to creating a quick resolution capacitywhich helps in counter acting on issues that may pose as a threat tothe projects. It also involves management of interfaces betweenexternal environments along with the project. Managers alleviate aswell as shape the potentials of shareholders of the project, upholdthe top management’s political support, keep an eye on theassociate contractors, bargain on functional counterparts, etc.