PROJECT MANAGEMENT

Project Management

Table of Contents

Introduction2

Project Sub-Divisions and High Level Estimates of Time, Resources and Costs4

Project Methodology Suitable For This Project5

Feasibility of This Proposed Project6

Structure for the Management and Administration of the Project7

Roles and Responsibilities of the Project Manager8

Detailed Project Plan9

Alternative Project Team Structures10

Interpersonal Skills Required For Effective Project Management11

Quality Management Processes to Be Used In a Project12

Procedures for Managing Project Change Proposals13

Issues and Risks That May Impede a Project14

Systems Which Monitor and Appraise the Status of A Project15

Control Systems to Detect and Manage Issues17

References19

Project Management

Introduction

The purpose of this research paper is to discuss the project management of opening canteen business project in an office where 1250 employee is working and have to give service of lunch in the lunch time. This assignment will briefly explains the significance of project management related to opening a canteen in an office. Similarly, the paper will discuss the structure for the management and administration of the project, feasibility of this proposed project, roles and responsibilities of the project manager, issues and risks that may impede a project, project plan etc.

Project management is an approach of organizing a business from the start to finish. The project can be divided into lots or sub-projects or projects in order to obtain subsets whose complexity is easier to control. The division also allows the project to proceed more easily with its planning. The conduct of the project is generally assigned to a project manager or project coordinator. Project management is the application of knowledge, expertise, tools and techniques for planning activities to meet or exceed the needs and expectations of direct participants of a project. Today's rapidly changing technological and business environment has given multiple benefits to businesses and changed the way of managing projects (Gido, 1999).

There is no doubt about the fact that modern way of project management has allowed businesses to improve their ability to make decisions related to IT investments, plan their projects in an efficient way and control projects leading it towards the progress of meeting goals. Project management includes planning a project, implementing, controlling and identifying tasks and goals which are to be achieved. Following are the principles of Project Management:

Analysis of the situation

Goal setting and performance indicators.

The preparation of the structure of division of labor.

Optimal use of resources (technical evaluation and review of programs).

Clarifying the responsibilities of each task.

Implementation & the settings to optimize results.

Project management is one of the highly effective and efficient tools in managing and carrying out different set of activities and tasks. This enable project managers and companies to utilize their minimum resources and get better results out of it. Since every company and organization has limited number of resources, the implication of project management will help them achieve the desired objectives and also ensure longer performance through different set of tools, risk management and close project process (Harold, 2001).

Project Sub-Divisions and High Level Estimates of Time, Resources and Costs

Project Management Plan is the basic document from which to begin any ...