Premium Essay

Projects

In: Other Topics

Submitted By abyarthur2
Words 1230
Pages 5
THE CONTRIBUTION OF PROJECT MANAGEMENT TO THE DEVELOPMENT OF GHANA
INTRODUCTION
Project management as a management discipline underpins much economic activity. In industries as diverse as pharmaceuticals, software and aerospace, projects drive business. And in the public sector, it is effective project management that translates politicians' promises of new roads, schools and hospitals into gleaming new constructions that improve everyday life.
The development of Ghana
Successive Ghanaian governments pursued various models of economic development throughout the 1960s, 70s and 80s. In the immediate post independent era of the early 1960s, Ghana’s economic development objectives were geared towards the ‘Big Push’ primary economic policies. These revolved around: a major investment effort; an industrialization drive; increased import substitution; processing of commodities and minerals previously exported in their raw form; and direct state participation in leading areas of the economy. The 1970s ushered in a policy of increased ‘Ghanaianisation’ or indigenisation with specified industrial activities reserved for state participation, Ghana-foreign ownership, and exclusive Ghana ownership, among others. The early 1980s saw the liberalization of the Ghanaian economy and the encouragement of foreign investments. All these approaches, however, fell far short of expectations and the failures were exacerbated by adverse terms of trade, falling commodity prices, and crippling debt by the mid-1980s. The failure of the various economic models and the severe strains exerted by external forces, in tandem, had contributed in no small measure to Ghana’s dire socio-economic condition: a depressed economy; massive unemployment; high levels of inflation; capacity under-utilisation; dependence on primary commodity exports; and low productivity. The challenge for development...

Similar Documents

Premium Essay

Projects

...Project Estimating Technique Paper By: Efrain Gonzalez Jr. CPMGT/303 October 6, 2014 Chanda Sanders This paper describes each of the project estimating techniques by explaining when each technique would be used, and how each technique is used. The information being explained provides sources of information that is needed to figure out the most appropriate technique for a project. When justifying an estimate there are certain tools you could use that will help one justify an estimate correctly, and the information being provide explains what tools will be used to justify estimates. Project estimating techniques and tools are important aspects needed to achieve the goal and objective of a project. An analogous estimation is a very common estimation technique used to estimate activities within a project through previous experiences with different projects and extrapolates onto the current project at hand. This technique is mainly used for projects that have the same type of work, and the same resources being used between projects. Parametric model estimation is another precise, easy, accurate technique that is used to estimate time, and resources needed within a project to perform activities. The use of this technique is created upon historical experiences, and lessons learned on different projects. The three point estimation techniques is used to clarify and understand levels of uncertainty within an estimation through the use of three sets of assumption that are all......

Words: 793 - Pages: 4

Premium Essay

Project

...State University of New York Empire State College, MBA Program Course 651644: Tools and Processes in Project Management Summer 2013 term Instructor: Dr. Adams Assignment #1: X-philes Data Management Corporation: RFP Matters By Jose M Collazo What is the basis for the problem? There are two primary problems with how X-philes Data Management Corporation handled the request for proposal. The first one was the lack of communication by the managers who selected the same vendor for two different projects. This problem led to the creation of the second problem which is proper resource allocation. When dealing with multiple projects with the same vendor, the company runs the risk of creating multiple interdependencies. Any resource allocation decisions made in one project by the vendor are likely to have ramifications in the other projects. According to Pinto, Some of the better known problems include inefficient use of resources, resource bottlenecks, ripple effects, and the heightened pressure on personnel to multitask (Pinto 2013). The personnel issue in particular, was a main cause of schedule slippage as employees quit at the contractor and they were unable to maintain sufficient staffing levels to keep the projects on track. While bottleneck’s restricts a vendor's ability to make money, they realize that the best way to maximize income is to fully exploit the bottleneck resource (Chakravorty & Atwater§, 2006)...

Words: 1044 - Pages: 5

Premium Essay

Project

...with any project team is a lack of good communication.This type issue could arrise where team members are scareterd all over the world without face to face communication.The communication through the internet, skype or some of the other communication technologies that are now available are sometimes not reliable and could cause miscommunication. what about one of the team members performing one of the tasks without informing the other team members about it. Overdetermining - project managers sometimes overstates their capabilities of comleting a project on time. That is when a project will take say two months to accomplish they use presure or lack of experience or presure to perform even the other factors that ignores reality for something that is not imporsimble to accomples in the time given. When everyone is not available at the same time to work as a team on the project this could cause a delay to finish and deliver the project on time. The trade offs that is to make a clear policy of communication from the begining of the project that nobody goes off course and that everyone have to work as a team and must be on the sameline with everyone on the team. The project head must make him or herself available at all time to make sure that all the policys are met by everyone in the group. Handster inc. 1. Which projects would you recommend Handstar pursue based on the NPV approach? The spreadsheet bellow summarizes the NPV calculations for the six projects......

Words: 518 - Pages: 3

Premium Essay

Project

...PROJECT MANAGEMENT COURSE ASSESSMENT 1 The final date for submission of this assessment without penalty is 24th March 2014 Assessment will be accepted for marking 14 days prior to the due date Late Penalty System Please refer to the Student/Programme Handbook This module is being delivered through the Manchester Blackboard virtual learning environment. All assessments must be submitted through Blackboard at: http://online.manchester.ac.uk/ If you have any technical difficulties using blackboard, please visit our support pages at: http://www.studentnet.manchester.ac.uk/blackboard Submitting your Assignment 1. Assignments should be typed, 10 or 11 point font size (Times Roman or similar if possible) double spaced with a 4 cm margin on the right side of the page with the page size specified as UK A4. All pages must be numbered. 2. Assignments should be submitted in either Microsoft Office and/or PDF format (.doc, .docx, .pdf etc.). File names should be kept simple and only contain alphanumeric characters (a-z0-9), spaces and underscores (e.g. Valid_filename_1.doc). Files with other characters such as apostrophes, brackets or commas may not be accessible by markers. 3. Assignments may be uploaded only once; substitutions are not permitted and students should therefore ensure that the version uploaded is their final submission. 4. Please ensure you include your student number and the assignment reference (PM/Student Number/Jan14/1) in all submitted assignments and that......

Words: 740 - Pages: 3

Premium Essay

Project

...decision to earn a project management certification is a big one, so make sure you choose one that best fits your current expertise and your future career plans. You can apply for any certification that matches your qualifications, and no certification serves as a prerequisite for another. * Certified Associate in Project Management (CAPM)® * Project Management Professional (PMP)® * Program Management Professional (PgMP)® * PMI Agile Certified Practitioner (PMI-ACP)SM * PMI Risk Management Professional (PMI-RMP)® * PMI Scheduling Professional (PMI-SP)® Already have a PMI certificate PMI Educational Foundation Mission and Vision Join PMI Educational Foundation in Building Better Futures through project Management. PMI Educational Foundation (PMIEF), the philanthropic arm of PMI, announces the Building Better Futures capital campaign to expand its mission to champion project management knowledge and skill for educational and social good globally. Donations to the campaign support sustainable programs that further the very project management principles and practices that project management practitioners, employers and suppliers believe in by developing: * A Better Prepared Project Management Workforce for the Future * A Better Prepared Society for Future Success   * A Better Prepared Response in Future Times of Need Donations to the Building Better Futures campaign demonstrate a clear commitment to bringing the benefits of project......

Words: 554 - Pages: 3

Premium Essay

Project

...Strategy & Project Management: Project orientated organisations Finnland 2005 Prof. (FH) Peter J. Mirski Prof.(FH) Mag. Peter J. Mirski Tel.: +43-512-2070-3510 E-Mail: peter.mirski@mci.edu http://www.mci.edu Current Position MCI, University of Applied Sciences: Director of studies „Management & IT“, Head of IT-Services Academical Profile Research projectmangement, knowledgemanagement strategic information management, e-learning Education process, project, information management Publications and articles in journals Practice Profile Management, R&D Project Management, CEO, CIO Consulting & Training Agenda 10:00 – 14:00 Brief project management overview Project orientated organisations Project scorecard Discussion Literature De Marco T., „The Deadline“, Dorset House Publishing Co ,1997 Goldratt E., “The Critical Chain“, North River Press, 1997 Heerkins G., „project management“, briefcase books 2002 PMBOK Guide, „A Guide to the Project Management Body of Knowledge“, PM Institute, 2000 Links •www.p-m-a.at (pm baseline english, german) •www.pmi.com (pm information) project management overview Importance of Project Management • Projects represent change and allow organizations to effectively introduce new products, new processes, new programs • Project management offers a means for dealing with dramatically reduced product cycle times • Projects are becoming globalised, making them more difficult to manage without a formal methodology –...

Words: 1737 - Pages: 7

Premium Essay

Project

...Project Plan Outline 1.0 Goals and Objectives This section presents a general description of the project along with any general or technical constraints and/or considerations. Please include the sub-sections below. 1. Project name 2. Business goals and project goals 3. Scope 4. Time and budget constraints 5. General and technical requirements 6. Training and documentation 7. Installation 2.0 Project Estimates This section presents a set of estimates for the completion of the project, including people, hardware and software. Please include the following sub-sections. 1. People costs a. Historical or researched data used for estimates (Requires annotation listing where you got this information) b. Salary requirements 2. Equipment costs (Requires costs for all hardware and software used. It is assumed that all hardware and software will be new). a. Hardware b. Software 3. Estimation techniques and results a. Process-based (use the format shown in section 1.2.1 of the lecture) b. Second method c. Triangulation results 3.0 Project Schedule This section presents an overview of project tasks and the output of a project scheduling tool. The following sub-sections should be included: 3.1 Project task list The tasks that have been selected for the project are presented in this section. 3.2 Task network Project tasks and their dependencies are noted in this diagrammatic form. 3.3 Timeline chart A project timeline chart (Gantt chart) is......

Words: 508 - Pages: 3

Premium Essay

Project

...WIRELESS LOCAL AREA NETWORK IMPLEMENTATION SECURITY AND SUPPORT SUBPROJECT Stephen F. Delahunty Project Management in the Technological Environment Scope Definition Plan Wireless Local Area Network Installation Project This document serves to provide a scope definition for the Security and Support subproject of the corporate wireless local area network installation project initiative. It is a functional document to be used by the project team and stakeholders as a central point of reference for this subproject. Security and Support Scope Definition Subproject Justification The business need for this subproject is the constraint to ensure compliance with corporate and industry security standards in order to protect the firm’s information systems and data. If security issues are not addressed there is a potential for a loss of data or access to corporate systems from unauthorized outside parties. Without proper security procedures the firm could increase vulnerability in terms of information technology and proprietary data. Any network-related project such as this wireless network installation must adhere to current corporate security policy and this subproject meets that goal. An additional requirement of this subproject is to facilitate a smooth transition to a pilot program and full implementation. The subproject team will also serve as security subject matter experts for other subproject teams in this overall initiative. ...

Words: 674 - Pages: 3

Premium Essay

Projects

...Projects Without Borders Elizabeth Harrin (October 5, 2006) Managing international projects requires much more than calculating that when it’s 9 a.m. in Paris, Texas, it’s 4 p.m. in Paris, France. Crosscultural teams and customers won’t necessarily work the same way as you. Here are some strategies for discovering the differences and dealing with them. As the world gets smaller, projects seem to expand to fill the available space, and now many of us are tackling the challenge of managing cross-cultural project teams and cross-cultural project customers. When your project team spans different countries, getting everyone together for a conference call is a new kind of administrative nightmare. But it’s not just the practicalities of working out time zone disparities and correcting the occasional bit of awkward grammar that make crossborder projects so challenging. National culture plays a big part in how we act and work. Get a group of people together from around the world and they can’t even agree on what noise a rooster makes, so how are they going to come to a conclusion on how to communicate project progress to the stakeholders? Or, to put it another way, the people you are working with won’t necessarily work in the same way as you, and the people you are working for won’t necessarily want the same things. One financial project manager I know was sent to Spain for a year to set up a new process improvement initiative in one of his company’s call centers. The Madridbased......

Words: 1095 - Pages: 5

Premium Essay

Projects

...Job Title | Project Administrator | TASK Grade | 8 | Division: | Information Technology | Written by: | Rajen Soobramoney | Department/ Section: | IT Portfolio Management: Project Management | Date Written: | 22 June 2011 | Location: | Constantia Kloof | | JOB PURPOSE: | To undertake all project related administrative duties pertaining to IT projects | | Minimum | Ideal | Qualification | * IT or Administration related qualification degree or diploma * Project Management foundation qualification | * Project Management foundation qualification based on PMBOK methodology | Experience | * 2 – 3 years project administration experience preferably on multiple concurrent projects * Advanced MS Word, Excel, Project experience * Intermediate MS PowerPoint and Outlook experience | * | Recognition of Prior Learning | * | Job Specific Requirements | * May be required to work overtime | Person Specific Requirements | * This position may be performed by a person with limited disability | Agreed by: | Name | Signature | Date | Incumbent | | | | 1st Level | | | | 2nd Level | | | | * ORGANOGRAM | * IT Portfolio Manager 2nd Level Report Project Manager 1st Level Report Project Administrator THIS POSITION KEY PERFORMANCE AREAS | WEIGHTING | MEASURABLE OBJECTIVES | TRACKING METHODS | 1. Perform administrative activities for IT projects |......

Words: 614 - Pages: 3

Premium Essay

Project

...resource project. Then, analyze these roles to typical human resource functions. Projects come in many different sizes depending on the requirements of the particulars needed to complete a project. There are small projects that require very little organization. Within a small project there may be a primary sponsor, project manager and a project team. Then there are larger projects, there is more involvement. There is more position involved, like project managers, facilitators to help assist the projects. There are more people involved, stakeholders and your customers. It is important that they understand what is accepted of them and what role they are expected to fill. The Project Manager plays and very important role in the beginning of the project. The project manager is the only one that has authority to manage a project. Which includes leading the plan and the development of all project deliverables? They also are responsible for managing the budget and scheduling all project management procedures. There is also the Project team, “they are full-time and part-time resources assigned to work on the deliverables of the project” (Kloppenborg, Nkomo, Fottler & Mcaffe, 2012 p. 15). This includes the analysts, designers, programmers, etc. organization is utilizing matrix management. The stakeholders are the just as important as the project manger. “The stakeholders play a positive role in the project outcome; they are direct beneficiaries of a project or......

Words: 1063 - Pages: 5

Premium Essay

It Project

...CIT 2200 IT Project 1-14-2014 Project Communications Project Communications Time in time we often heard if the communication had better, the project would have run better .How often we undermine this important key factor of the project? Many times some project managers are not always to the task to communicate what is the most important to the team .Just as important to successfully complete a project, communication is a also an essential and critical .Communication not only keeps everyone up-to-date on the project progress ,but providing fast ,convenient ,consistent information about the project to the stakeholders. The success of any projects is based on communication, without a solid way to establish this important part of the project will somewhat halt the project and the pointing fingers will begin .It is the project manager responsibility to insure that everyone on the team has been properly addressed and knows what function each and everyone will play to successfully complete the project. According to Dave Nielsen, ‘’Communications are a critical deliverable of every successful project and a key project management soft-skill. You may not have thought of communications as an actual project deliverable, but it is. It may not be the one your client or customer places the most emphasis on, but that's because......

Words: 512 - Pages: 3

Premium Essay

Project

...Project 592 Project Cost and Schedule Control Course Project Part 2 The Wedding Project Scope Statement Mara Kiasekoka D40194702 marakiasekoka@gmail.com Professor Janet Durgin September 27, 2014 Executive Summary Dream Space has been in wedding and events planning industry for more than 15 years, performing services and providing products to reputable companies and diverse people worldwide. The company is pleased to perform the project of the wedding ceremony of Walter José and Maria Diego that will be realized in January 12, 2015. The company has the necessary resources, qualified personal and systems and processes to perform the service required. The project is estimate in $80. 000, for 300 people within a period of 6 months. Project Scope Statement Project Name | The Wedding of Maria Diego and Walter José | Project Number | 1 | Project Manager | Mara Kiasekoka | Prioritization | 1 | Owner(s) | Dream Space | Statement of Work—Project Description andProject Product | The purpose of the project is to plan and implement a successful wedding reception and ceremony for approximately 300 people on January 12, 2015 within 6 months under a budget of $80.000, 00. This project will create a product which is the wedding ceremony. To work on the project we will analyze the wedding criteria and the budget available; research the actions that have to be taken and the funds that are available at; make some calls and start to......

Words: 1497 - Pages: 6

Premium Essay

Project

...Assume you are the project manager for a new business venture. This venture will require financing, but once completed, will generate revenue and, eventually, a profit over cost. For CP-1, you are to write a Project Proposal with enough detail to convince investors to finance your idea. This Project Proposal will require detailed cost and revenue estimates and a credible schedule to win investor support. Select a venture of personal interest. Read the Proposal Requirements below to help you select a suitable idea. For example, select a venture where you can identify realistic cost and scheduling concerns. Opening a small retail storefront or a franchise is one example. Do NOT propose building a house, because investors typically already have financing before beginning such a project. When selecting your project, keep in mind the goal of CP-1 is to apply the techniques introduced during the course. Focus on detailed cost estimating, scheduling, and project justification. Estimating includes specific assumptions made during the estimating process, as well as quantities, unit prices, hourly rates for tasks, and accumulated totals. Justification will include an NPV analysis of costs vs. projected detailed revenue streams over a five year period with cash inflows and outflows over the project life. Start-up and other costs, and revenue streams, should be derived from detailed project cost estimates and sales forecasts. When you establish your financial data you must be reasonable....

Words: 628 - Pages: 3

Premium Essay

Projects

...Assignment One: Prioritizing Projects at D.D. Williamson Angel Harris Dr. Jean Gordon Human Resource Project Management April 18, 2012 Critique the prioritizing process at D. D. Williamson. The prioritizing process at D.D. Williams is not that effective. One of the reasons why is that they have too many projects that requires a lot of immediate attention. How could this company complete projects on time when they have too many that are top priority? Upper management may want to consider hiring more employees so that they are not over their budget or not being able to complete the projects in a timely manner. It would be wise for them to minimize the work load or they are going to create angry employees and consumers. Also, it appears that the company is lacking in the area of been more organized. A learner should agree that being well organized is one of the best strategies to reduce stress and allows the project to run a little more smoothly. However, it appears that the company needs to spend a little more time preparing their project charter because sometimes when it is not very detailed, that could lead to important things being overlooked which may cause the company chaos in the future. Most importantly D.D. Williamson may need to focus a lot on effective leadership. A reader should agree that it takes leaders that have the capability to lead a team so that they can help the company meet and exceed their short-term and......

Words: 844 - Pages: 4