Management: A Case Study Precis: The Case Term Paper

Management: A Case Study

Precis:

The case study being presented demonstrates the importance of the planning phase of the project and of record keeping. These are the most common mistakes in project management.

Learning Objectives:

The learning objectives of this case study are:

To become familiar with the functions of project-based management.

To present the tools available in contemporary project management for managing the scope of the project, the organization, time, cost, and quality of the project.

To learn performance evaluation and control issues in projects.

To Analyze risk management strategies in projects

To emphasize the importance of proper planning

To emphasize the importance of record keeping

To examine all phases of project management from concept to completion of project

To examine some of the most common mistakes in project management and to learn to avoid

Them by example

Introduction:

Project-based management is quickly becoming state of the art in management technique and theory. Every manager is occasionally presented with the project by their superiors. The project may be large or small. However, until recently, project management was not a part of management education in many business schools. Project Management was considered to be a separate discipline. There are many types of projects and many project management techniques. However, the anatomy of a project remains relatively unchanged.Projects are comprised of phases and certain techniques are contained within each phase. Any manager can learn these phases and techniques and become an effective project manager. The following case study entails a technique called Lean Project Management. Lean Project management entails the management of a larger project by electing small, unique teams to perform small phases of the project (Gabriel, 1997, 205).

Many feel that project management is only useful in major projects such as construction, or major upgrades to telecommunications and information systems. However, the majority of projects that managers are involved with are simpler, smaller-scale project, such projects include, new product development, performance assessments, implementation of a new business plan or assisting with contract negotiations with a supplier. A familiarity with the processes involved in project management can prove to be valuable in any project. A systematic approach will make the project go smoothly and make you look good to the boss.

Agrees (1990) defines "management by project" as an organizational strategy. It implies specific teams to perform integrative tasks. It represents a philosophy more than a procedure. IT represents a paradigm shift in management philosophy that allows people more freedom in performing projects. It adopts a specific project management culture. Project management must be dynamic in nature and able to adjust.....