Project Management

Read Complete Research Material

PROJECT MANAGEMENT

Project Plan Of Lunch A New Type Of Credit Card On Retail Banking

Project Plan Of Lunch A New Type Of Credit Card On Retail Banking

Introduction

The concept of project management in a holistic context has been explored thoroughly in this paper. The general differentiation of the project management from the general management is usually done on the mission oriented nature of the projects. When in a corporation the mission is accomplished, a project organization will be terminated. (Kerzner, 2009: 149-151).

The greater continuity of operations is assume generally by the general management of industrial and business. In addition to all this there are few differences and similarlities between the techniques developed from the modern management from the general management. These technwiues are further adapted for project management

The basic ingredient for the frame of project management may be schematically represented in Figure-1.The special knowlege related to the project management is indisoensable from the working knowledge of general management. Decision science and computre science also playing an important role in supoporting the discipleine. The resources from the project mangement are reflected in the Figure-1

Figure 1: Basic Ingredients in Project Management

The set objectives of the project management can be accomplished when the appropiate operations are implemented in accordance to the resources constraints. There are some potential conflicts that exist between the the stated objective in regard to the time, cost, scope and quality. These constraints from the objectives then further make the impact on the financial resoucres and human material (Wysocki, 2011: 47). New alternatives need to be created resolve the conflicts. (Martin, 2010: 235).

The measurement (or evaluation) of a goal can / should be assessed at the end of the project. However, a continuous active monitoring of the progress towards each objective should be monitored and evaluated periodically throughout the project. (Wysocki, 2011: 47)

The project communication , not to be confused with the communication to the client of the results of the project, a process intended to make understand the objectives and content of the project to enhance a number of different audiences and different. Eg. promote the project, its objectives and the organization that produces, at the Media (press office) at internal target (top management, financing, corporate communications, etc..) or use the values ??for the marketing company (Martin, 2010: 235).

Project Scope

The concept of scope is a rather vague term that causes disparate interpretations and sometimes found between customer and supplier, but it is essential in projects. Projeect scope includes:

develop a statement of the scope of the project;

define and develop the SRT;

describe the verification activities of scope;

The scope is defined and improved in an iterative process that begins at the stage of project identification and extends to the stage of completion. This process is conducted in collaboration with experts and stakeholders, and becomes increasingly precise over the project. Once fully defined scope of the project, it will include the following elements:

goals, operational and project objectives;

the description of the scope of the product;

the project boundary;

activities specifically excluded;

deliverables and acceptance criteria ...
Related Ads