PROJECT MANAGEMENT

Project Management

Executive Summary

Consumer products manufacturers are under increased pressure to grow revenues and improve operating efficiency. Challenges in meeting growth targets include changes in consumers' demographics, increased competition in mature markets, increased spending on services, and the rise of private labels and the low success rate of new brands. We are definitely entering the era of innovation.

It is influencing the way in which companies think about virtually every aspect of research, marketing product development, supplier and materials management, manufacturing, distribution, warranty and defect management, maintenance repair and overhaul, and product end-of-life and disposal. Innovation is global. Innovation knows no boundaries. Its growth is being nurtured by active investments, grants and tax incentive policies of established, industrialized nations and emerging economies. Put in the context of the era of innovation, the “perfect product launch” and lifecycle management is now viewed in a different and expanded way.

Introduction

Project Management

A project is a non routine, one-time effort undertaken to create a specific measurable outcome, namely a product or service. Project management has been described as both, a discipline as well as a process concerned with the successful completion of a defined project, from inception to completion.

The planning is based on the all the steps from the thought to the final creation of a product or service.A research study is a project. Large or small, funded or unfunded, research projects involve significant planning from initial proposal design to data collection to publication of results.

Increasingly, large external research grants and contracts are requiring project-management expertise as a condition of funding. Qualitative researchers would benefit from adopting project-management techniques as an integral part of their research.

Methodology

The methodological organization put in place to ensure that the work done by the contractor meets the expectations of the client and is delivered in terms of cost and time required initially, regardless of its "manufacture." To do this, project management aims to ensure coordination of actors and tasks in the interests of efficiency and profitability.

That is why a project manager is appointed to the project owner to be in constant (in theory) with the project manager on the side of project management.

The choice of a methodology for conducting a project, as it may seem restrictive, is an asset for all stakeholders proposed a joint action organized by rules clearly expressed. This common methodology is particularly important that project participants are sometimes asked to change party during the project.

Tools and Techniques for Project Management

For a project to successfully complete, it is necessary to identify and efficiently manage the different stages that compose it, so that the customer is satisfied with the results. Each project is limited by cost, time of completion and the desired quality. These three objectives are interrelated and force us to optimize the resources available:

•Human and material resources.

•Costs.

•Times.

It is therefore essential to use project management methods to help us plan the stages of the same so that, taking into account the limitations imposed, the result is total ...