Project Management Written Assignment 1

2012-02-MAN-435-OL009 Project centering Written Assignment 1 1. address the principal reasons why compute circumspection has become such a pop billet tool in juvenile years. Business has changed in the past 20 or so years. Products ar world produced to a greater extent rapidly and with the introduction of globalisation competition has become to a greater extent abundant. thither is a bring to become more(prenominal) customer focused but at the same time quicker to securities indus exploit while still reducing cost. Doing business the old way is precisely not cutting it anymore. Project wariness pass ons companies the competency to focus on many things at once with by losing focus on their bone marrow business model.Processes become determines that have a start and finish and can be tracked and quantified from beginning to end. Projects as well give the company the ability to become more innovative by bringing volume from different sections unneurotic. This pro motes fresh thinking and upsets the emplacement quo which is a good thing. 2. Suppose that you atomic number 18 in charge of a employment line. What is expected of you as a transit manager? Now suppose that you are assigned the task of making a radical change to the production process. What hence would be expected of you as a sound ejectionion manager?As a process manager you are in charge of making sure the twenty-four hour period to day operation is running swimmingly and that you meet your immediate quotas. You are also in charge of managing people. Managing people includes disciplining workers when need and conflict dissolver. A process manager, particularly on the production line direct is not involved in well-favoured picture thinking and only need to be concerned with what is happening in their department. If I were tasked with revamping the production line my day-after-day would change drastically. My main focus would slight about(predicate) the process and more about the take to.Instead of managing people directly it would be more about managing the project and the conflict resolution would be more focused on how to make the team members work together for the common goal. The project would probably be more big picture point instead of focused on just the task at hand. More would be expected of me than just meeting quota. 3. constitute the basic elements of the project life rung. why is an understanding of the project life cycle relevant for understanding project management? The project life cycle consists of the expression phase, the planning phase, the execution phase, and the termination phase.Understanding the project lifecycle is important because it is the base of all project management. You take one phase out and the project forget fail. You cannot start a project without a good scope, or blueprint. The project lifecycle is set up so that you cannot move on to the next constitute in the cycle without going gulle the pre vious stage. I also call for to mention the termination phase. This is where you terminate the project and put together a put down that explains the delays and fixes that helped the project come to fruition. 4.Compare and contrast the leash organizational twists discussed in the text useful, project, and hyaloplasm. pop the question utilizations that show the difference between the three, including virtually of the advantages and disadvantages of each. There are three main organizational mental synthesis types used in business today. They are functional, project and matrix. They each have their strong points and weaknesses. I will list the strengths and weaknesses of each while analyse them to each other. The functional structure is ground around having similar activities themeed into departments. An example of this would be an accounting department.The strength of the functional structure is that you have a group of experts located in one department which makes choosi ng someone with a certain expertness more efficient. The weakness to this structure comes when you try to allocate people to projects. Their fealty will always be to their function which usually puts the project on the back burner. The project structure takes some of the stress of the project managers by making it so they dont have to be flake to a functional manager. They get large access to their own people and the loyalty is always on the project. The downfall to this structure is that they may have a pretermit of expertise.Especially since project structures usually go to outer sources when needing a specific type of expertise. whence they lose that expertise when the project is completed. The matrix structure is good in that it combines strengths from both the functional structure and the project structure by placing the functional and project managers on the same level. The downfall comes when there is variableness on where the resources should be best allocated. This structure involves more negotiating and politics than the other structures and takes a special skill set to be an effective project manager.