...Project Management Concepts and Applications Paper Business Management Research Associates (BMRA) teaches Defense Acquisition University (DAU) and Federal Acquisition Institute (FAI) certified courses and elective courses to various agencies worldwide. While BMRA is quite a small company, there is always a need for project management. I have not always been able to lead the projects; I have been a part of the project team to get the work completed, more like an assistant to the project manager. A project that falls under this scope is the one involving the DAU/FAI certification of course materials. The DAU/FAI certified courses offered by BMRA are set to expire this year on September 30, 2015. From October 1, 2015 forward, the expired courses are not valid for credit for students. DAU replaced the expired courses with new ones. The project’s primary goal is completing the certification process for all the required courses before the September 30, 2015 deadline both within time and budget for the company. The DAU/FAI certified courses are BMRA’s primary source of revenue, therefore making this project of the utmost importance. The courses affecting BMRA are listed in the chart below. Previous Course (Expired) Replacement Course (New) CON 215: Intermediate Contracting for Mission Support CON 280: Source Selection and Administration of Contracts CON 217: Cost Analysis and Negotiation Techniques CON 270: Intermediation Cost and Price Analysis CON 218: Advanced Contracting...
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...* Table of Contents 1 Introduction 2 2 The meaning of “project” 2 3 Project stakeholders 4 4 Meaning of project management 5 5 Factors influence on project 5 6 Project management theory 6 7 Project Management Tools and Technique 7 7.1 Cost benefit analysis (CBA) 7 7.2 Gantt chart 8 7.3 Work breakdown structure (WBS) 9 8 Project management software (PMS) 10 9 TQM 11 10 Critical Path Method (CPM) 11 11 Management by Objectives 11 12 Conclusion 12 13 References 12 14 Bibliography 13 Appendix A : Nine Project Management Areas 14 Appendix B : Project lifecycle 17 Appendix C :Common project Management tools and Techniques 19 OVERVIEW OF PROJECT MANAGEMENT TOOLS AND CONCEPTS IN A HOSPITALITY & TOURISM ORGANIZATION Introduction Project management (PM) facilitates to a structured approach to managing projects for project managers. PM reduces risk and provides assurance by providing tools at the same time environment to plan, observe, track, and deal with schedules, quality as well as resource.PM can be applied into both soft and hard projects such as personnel projects, IT, construction, finance, sports, and event planning, HR etc. Project management gives advantages like; a. Better control of financial, physical, and human resources b. Improved customer relations c. Shorter development times d. Lower costs e. Higher quality and increased reliability f. Higher profit margins ...
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...CMI LEVEL 5 DIPLOMA IN MANAGEMENT & LEADERSHIP (5D1) Assignment 5 Unit 5006 C5009 Project development and control Unit 5002 Information based decision making Andor Kovacs CMI no: 4205133 Assignment 5_Submission1 AEA group Assignment Requirements 5002.....................................................................................4 Learning Outcome 1: Be able to identify and select sources of data and information ....................................................................................................................................4 1.1 Discuss the nature of data and information......................................................4 1.2 Evaluate relevant sources of data and information..........................................4 1.3 Discuss the criteria for selection of data and information................................4 1.4 Identify the legal requirements relating to the collection, use and storage of data and information...............................................................................................4 Learning Outcome 2: Be able to analyse and present information to support decision making..........................................................................................................4 2.1 Evaluate the decision making models which are used to support decision making....................................................................................................................4 2.2 Identify those to be involved in analysing...
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...eight research papers, focusing mainly on ground concepts in project management field. First, it discusses project and project management, then a little overview of its historical foundations. Then some other concepts are reviewed including complexity, uncertainty, ways to manage complexity in projects and a little discussion on project success and failure. Then few basic types of complexities are overviewed and the concept ontology is discussed considering it as the strong perspective in project management. Based on the papers reviewed, different methodologies and methods are viewed, which tackle the concepts discussed in this review. Project and Project Management: Project can be defined in many ways but...
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...Resource Management, 2006, 4 (1), 36-43 SA Tydskrif vir Menslikehulpbronbestuur, 2006, 4 (1), 36-43 AN OPERATIONAL ’PROJECT MANAGEMENT CULTURE’ FRAMEWORK (PART 1) YVONNE DU PLESSIS CRYSTAL HOOLE yvonne.duplessis@up.ac.za Department of Human Resources Management University of Pretoria ABSTRACT The aim of this research is to develop an operational ‘project management culture’ framework, which can be used by project managers and organisations to support project work. One of the main causes of project failure is attributed to a non-supportive project management culture in organisations. A triangulation method is followed inclusive of a thorough literature review, a survey questionnaire and a concept mapping process. A project management culture framework with descriptive elements, based on Deal and Kennedy’s (1982) definition of organisational culture, comprising of four dimensions i.e. project process; people in projects; project systems and structure, and project environment was developed. Key words Project management culture The management of projects has become a strategic issue for many companies. Issues such as strategic alliances, rapid movement of labour and capital, and failure of projects are calling for the need of risk assessment and management from a new perspective. An organisation that wants to remain competitive in providing its customers with continually improved products and services has no choice but to use project management concepts...
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...Project Management MGMT E-5030 Critical Steps to Launching Successful Initiatives Syllabus Harvard Extension School Winter Session January 4, 2011-January 20, 2011 2:00-5:00pm Location: 1 Story Street, room 306 Faculty: David A. Shore, PhD Associate Dean Director Project Management in Health Care Programs Harvard School of Public Health dshore@hsph.harvard.edu 617-998-1090 Christina Thompson Lively, EdM Research Associate Center for Continuing Professional Education Harvard School of Public Health chthomps@hsph.harvard.edu 617-998-1087 Office hours: 1:30-2:00pm on days when the class meets. Faculty are also available via phone and email throughout the course. Snow Cancellations: 617-495-4024, 617-496-NEWS, Harvard Extension Website http://extension.dce.harvard.edu SYLLABUS OUTLINE I. Course Description II. Course Purpose III. Teaching Methodology IV. Assignments V. Course Material VI. Evaluation and Grading VII. Class Schedule VIII. Detailed Class Schedule I. Course Description This course introduces the tasks and challenges fundamental to project management, the vital function of managing complex projects across multiple functions. Successful project managers possess the skills necessary to manage their teams, schedules, risks, and resources to produce a desired outcome. Students learn the skills and tools of project management with a practical, hands-on approach. A key and often overlooked challenge for project managers...
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...Key Concepts from Barnes-Jewish Hospital Case Name: Professor: Course: Date: Key Concepts from Barnes-Jewish Hospital Case Post #1: Management Tools Six Sigma is a common management tool used by experts for the improvement processes in management. The graphical and statistical tools used in Six Sigma include the definition of a problem and the improvement of the opportunity. The performance process is also measured. The root causes of variations and defects are also determined. Finally, the improved process and the future performances are then put under control. Six Sigma management has certifications at different levels with the most basic being the “champion” followed by the “green belt”. The “black belt” and “brown belt” follow and the “master black belt”, closes the highest level of certification. The certification is with regard to the level of skills acquired. Accelerating Change and Transitions (ACT) techniques mention in the Barnes-Jewish Hospital case study train leaders on the management of changes in organization projects and initiatives. The application of ACT concepts is achieved through the use of the ACT propriety model Destra. The model includes elements of defining the elevator speech, creating some urgency sense and engaging all the key stakeholders in the creation of a road map for change. Post #2: Key Management Concepts The key management concepts in the Barnes-Jewish Hospital case include: 1. Adhering to the mission which is an increased patient...
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...Research on Lean Project Management Summary This report explains theories and assumptions of current project management methods, and compares it to the Lean Production Delivery System (LPDS) by showing advantages and disadvantages of each method. This report also includes how the LPDS is more efficient than other methods by eliminating wastes and save cost and duration. Introduction: Client needs nowadays are getting more stylish due to the continuous new challenges in the environment, economy, technology and society for the necessity of creating or upgrading new projects. Meeting these requirements involves changing old methods in managing projects into new ones which are more essential to meet the needs of the market. Moreover, new concepts have been considered in addition for the time, cost and quality to guaranty the success of a project. Many new concepts could be presented for production management, but the Lean Production Delivery System (LPDS) is one of the most successful practices concerning the development of project management. For this matter, this report will include an investigation and discussion comparing the advantages and disadvantages of current project management methods and Lean Production Delivery Systems (LPDS). Current project management methods, Advantages and Disadvantages: As described in the text, ―Project Management is the application of knowledge, skills...
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...information, and knowledge How data, information and knowledge are related to the concept of knowledge management (KM)? How are they different (please define each one: data, information, knowledge and KM)? What are the potential benefits of knowledge management projects? What strategies should companies follow to achieve positive results in KM projects? KM is the set of procedures that tries to transform an organization's current practices of knowledge processing is known as Knowledge Management. It improves both the practice of knowledge processing and its outcomes in a significant manner. The field of Knowledge Management is the examination of various organizational processes and their effect on knowledge and functional processing and results (Firestone & McElroy). The concept of Knowledge Management doesn't instantly direct, generate or incorporate most knowledge effects rather it just influence an organization’s knowledge processes that in turn affects its knowledge results. The concept of knowledge management is related with aspects like data, information and knowledge as these are its essential elements. All these three aspects collectively result in the practice of knowledge management (Knowledge Management Concepts, Philosophy and Theory). This can also be understood in the following manner and process followed by these three aspects in the practice of knowledge management: 1. Data: It is raw information that exists in several forms without any context and...
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...Agile Project Management White Paper 2 Agile Project Management Contents Foreword by Richard Pharro, CEO, APMG-International Introducing Agile Project Management Relationship with DSDM Atern and Key Differences Comparing Agile Project Management with other agile methodologies Benefits of Agile Project Management Agile Project Management and PRINCE2 – one or the other, or both? Qualifications & Training About APMG-International About the DSDM Consortium 3 4 5 6 8 9 9 10 11 3 Foreword from Richard Pharro, CEO, APMG-International Agile Project Management provides an approach that offers agility but retains the concepts of a project, project delivery and project management. It works alongside more formal project management approaches such as PRINCE2® and complements quality processes such as ISO90001 and CMMI. Agile Project Management enables organizations to gain the benefits of an agile approach without introducing unnecessary risks. This ensures ‘going agile’ becomes a measured and balanced change, keeping what is good in the current organization and retaining existing good practices around project management and delivery whilst gaining the benefits of a more agile way of working. Providing a flexible yet controlled process that can be used to deliver solutions, Agile Project Management combines effective use of people’s knowledge together with techniques such as iterative development and modelling to achieve tight project delivery timescales....
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...EFFECTS OF RISK MANAGEMENT METHODS ON PROJECT PERFORMANCE IN RWANDAN CONSTRUCTION INDUSTRY A CASE STUDY OF MULTI-STOREYED BUILDINGS CONSTRUCTION PROJECT OF RSSB Systemic project risk management has an effect on the project success. It is found that there is strong relationship between the amount of risk management efforts undertaken in a project and the level of the project success. Several project risk management approaches are proposed as follows; i.e., (PRAM, Chapman (1997), RAMP, Thomas (2002), PMBOK (2008), RMS, a risk management (2002) etc. Pejman (2012) Existing approaches may be summarized into a four phase process for effective project risk management, i.e., (identifying risks, assessing risks, responding risks, and monitoring and/or reviewing risks. Nerija (2012) The overview of definitions which can be found in literature regarding those two terms implies that uncertainty is a broad concept and risk is a part of it. This confirms close relation between those two concepts but at the same time distinguishes them. In the following chapters, the focus is on risk itself and how it should be handled. Uncertain is not a tangible term and thus will not be further developed in this report. The PMBOK (2004) listed the following strategies or techniques for managing risks in the construction projects; avoid (extending schedule, reducing scope, shutting down the project),transfer (Financial risk exposure, insurance, warranties, guarantees);mitigate(taking early actions...
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...Research Project Management Key Concepts Dr Robin Henderson robin@myconsultants.net Research Project Management - Key Concepts © My Consultants Ltd 2010 Introduction The successful management of a research project depends upon the researchers ability to plan, coordinate and perform the research. Many researchers do not formally manage their research and whilst this does not necessarily mean that the research will not be completed successfully this approach has impacts on the staff whom are involved in the project. For example an unplanned approach can often lead to stress in members of the research team, crises management when deadlines are not effectively managed and the lack of time within the research to deliver effective outcomes for all the staff involved in the project. This short document outlines some of the key tools which you can utilise within research contracts to lead to more successful outcomes. Clearly understanding what success means for your project. The starting point for managing a project effectively is to have a clear understanding of what you are trying to achieve. A simple model to start to explore this is to distinguish between outputs and outcomes. Outputs are the physical deliverables of the project Outcomes are what happens as a result of the outputs For example in a clinical based trial the output could be a paper with the related outcome being the changes in clinical practise. The starting point for a project is to define what the desired outcomes...
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...IDEA GROUP PUBLISHING 701 E. Chocolate Avenue, Suite 200, Hershey PA 17033, USA Tel: 717/533-8845; Fax 717/533-8661; URL-http://www.idea-group.com ITP5149 140 2005 IRMA International Conference Organizations Through Information Technology, Proceedings of the 2005 Information This paper appears in Managing Modern Resources Management Association International Conference, edited by Mehdi Khosrow-Pour. Copyright 2005, Idea Group Inc. Aligning Project Management Office and Strategy: A Brazilian Case Study Leandro Alves Patah, Marly Monteiro de Carvalho and Fernando José Barbin Laurindo Polytechnic School of the Univ. of Sao Paulo, Av. Prof. Almeida Prado, 128, Cid. Universitária, 05508-900, {leandro.patah@siemens.com} {marlymc, fjblau@usp.br} INTRODUCTION In the turbulence of the new economy, characterized by discontinuous, abrupt and sometimes unmanageable changes, companies should be able to make fast and responsive actions and innovative strategies in order to survive (Hamel, 1996). The great majority of companies already has this information and prepare themselves to compete in this new era through the elaboration of daring strategies, although feasible. According to Porter (1996), the strategy essence remains in choosing activities to be made in a different manner or in the execution of different activities in relation to the competitors. What happens, many times, is that the strategies are not put in operation because they do not arrive until the...
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...Title |Advanced Information and Management System | |Degree/Program |Master of Management/Master in Business Administration | |Course Description |The information systems function in an organization has a broad responsibility to plan, develop or acquire, implement, and manage an infrastructure of information technology (computers and | | |communications), data (both internal and external), and enterprise-wide information processing systems. It has the responsibility to track new information technology and assist in incorporating | | |it into organization’s strategy, planning, and practices. The activity of developing or acquiring information technology/information systems applications for organizational and | | |inter-organizational processes involves projects that define creative and productive use of technological tools and resources for...
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...MGT2 - IT Project Management Course of Study This course supports the assessments for MGT2. The course covers 8 competencies and represents 3 competency units. Introduction Overview Project management is a systematic approach to solving a problem, taking advantage of an opportunity, improving a process, or otherwise creating something. A project goes through several phases, with a distinct beginning and end. A successful project includes effectively carrying out tasks related to initiating, planning, executing, monitoring/controlling, and closing. Unsuccessful projects often skip some of these steps, perhaps not fully planning everything that needs to be done or forgetting to monitor the team to ensure they are sticking to the plan. An effective project manager foresees problems, makes appropriate trade-offs that ensure successful project completion, and, above all, facilitates communication among all project stakeholders, who are likely each looking for something different from the project. This course provides an overview of the Project Management Institute’s project management methodology. As you learn about the various process groups and knowledge areas, you will apply your knowledge in case studies for planning a project that has not started yet and monitoring/controlling a project that is already underway. You will solve problems, gather information, and make decisions using your expert judgment. The techniques you practice in this course will be beneficial...
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