Professional Documents
Culture Documents
AMEER ABBAS
Course MBA-Semester-3
Project Planning &
Subject
Scheduling
Subject Code PM 0004-Set-1
1. (a) What do you mean by Project Management & Mention Key
features of a Project?
(b) What do you mean by Competency & explain briefly: (i)
Organizational competency (ii) Core competency. Explain need for
competency.
Ans:
Project plan can be considered to have five key characteristics that have to
be managed:
• Risk: defines in advance what may happen to drive the plan off
b.
Nevertheless, as can be seen from Raven and Stephenson, there have been
important developments in research relating to the nature, development, and
assessment of high-level competencies in homes, schools, and workplaces.
2. (a) Explain the need for development of management skills & also
explain different steps involved in developing management skills.
Time Management
Cost Management
Risk Management
Contract Management
Communication Management
Scope Management
Quality Management
(c) Explain the characteristics of a project team.
a)
Establish yourself in your new role and gain the confidence of others by
taking the time to get the lay of the land before you start sharing ideas that
affect the organization’s structure, processes and systems. Even if you do
know better, you’ll still need the support of people around you to make
things happen.
Be Courteous
Don’t underestimate the effect of a simple “please”, “thank you” or “good
job” can have on your employees. Whether they’ve spent the last three days
archiving files or churning out a top-notch client presentation, acknowledging
their efforts goes a long way toward communicating the value they bring to
your team.
Avoid Burnout
A lot of new managers get caught up in the excitement and enthusiasm of
their new positions and for all the right reasons: they want to learn as much
as they can as quickly as possible and start getting things done in order to
demonstrate their commitment to the company. As a result, first-time
managers often wind up working excessive hours and when you’re working
that hard, for that long, not all of those hours can be productive.
b)
Time Management
Cost Management
• Organizational management
• Personnel administration
• Manpower management
• Industrial management
Risk Management
The strategies to manage risk include transferring the risk to another party,
avoiding the risk, reducing the negative effect of the risk, and accepting
some or all of the consequences of a particular risk.
Contract Management
Eventually, each employee will receive a long e-mail, containing many or all
of the above-mentioned summaries, from every level of management;
reading the full result is rarely a requirement. Curious or ambitious
employees are considered more likely to read the result; task-centered
employees, however, are not.
Scope Management
A plan which describes how project scope will be managed and how,
Scope change will be integrated into the project. Includes an assessment of
how likely and frequently the project scope may change and a description of
how scope changes will be identified and classified.
Quality Management
Commitment:
Commitment to the project by the core team is critical to the success
of the project. The project manager must know that eacrT core team
member places a high priority of fulfilling his or her roles and responsibilities
in the project. The core team must be proactive in fulfilling those
responsibilities and not need the constant reminders of schedule and
deliverables from the project manager.
Shared responsibility:
Shared responsibility means that success and failure are equally the
reward and blame of each team member. Having shared responsibility means
that you will never hear one team member taking individual credit for a
success on the projects nor blaming another team member for a failure on
the project.
Flexibility:
Team members must be willing to adapt to the situation. “That is not
my responsibility” doesn’t go very far in project work, schedules may have to
change at the last minute to accommodate an unexpected situation. It is the
success of the project that has priority, not the schedule of any one
individual on the project team.
Task-orientedness.:
In the final analysis it is the team members’ ability to get their
assigned work down according to the project plan that counts. In other
words, they must be results-oriented.
Team-orientedness:
To be team-oriented means to put the welfare of the team ahead of
your own. Behaviors as simple as the individual’s frequencies of use of “I”
versus “we” in team meetings and conversations with other team members
are strong indicators of team orientation.
Open-mindedness:
The open-minded team member will welcome and encourage other
points of view and other solutions to problem situations. His or her objective
is clearly to do what is best for the team and not look for individual kudos.
Conflicts may arise around the planning of the project team with
personnel from other functional and support areas or from the
desire to use another department’s personnel for project support
even though the personnel remain under the authority of their
functional or staff superiors.
7. Personality conflict:
Course MBA-Semester-3
Project Planning &
Subject
Scheduling
Subject Code PM 0004-Set-2
The most important tasks that the project team has are:
A project team formed by some people that know very well what they are
doing and that are headed by a project manager who is responsible for the
successful outcome of the project. His job is very important because he must
also form and educate team members and teach them how to do what is
needed when they don't know.
The project team carry a huge responsibility upon it's shoulders: the
success or the failure of the project. It's members are the one who practically
execute the project, who give reports to the project manager, who make
changes and corrections when needed. Each member of this team has his
own task, which represents a part of the whole project. So it's important that
everyone respects what he must do so the final result is a good one
3. On-budget performance
2. (a) Explain how do you build high performing project teams. What
are the requirements of an effective team management?
a.
b.
Project Leadership
Using this Issue Management Process, you can identify and resolve issues quickly,
before they have an undesirable impact.
Whether you experience staffing, supplier, equipment or other issues, this process
will guide you through the steps towards their speedy resolution.
Anyone concerned with the project may spot potential problems. The
participants should be encouraged and rewarded for bringing these to the
attention of the project leadership. Once an issue is raised, the Project
Manager should ensure that it is proactively pursued and dealt with to the
satisfaction of all concerned parties. It should be easy for the participants to
submit their concerns. It is a good idea to stimulate the submission of issues,
possibly by requesting input as part of the participants' regular progress
reporting. One way this might be done is by including an "issues" section on
the project timesheet.
Examples of project stakeholders include the customer, the user group, the
project manager, the development team, the testers, etc.
• Project leader
• Project team members
• Upper management
• Project customer
• Resource Managers
• Line Managers
• Product user group
• Project testers
Types of stakeholders
Non Market (or Secondary) Stakeholders are those who - although they do
not engage in direct economic exchange with the business - are affected by
or can affect its actions. (For example the general public, communities,
activist groups, business support groups, and the media)
Think through the help you need, the amount of time that will be
taken to manage this and the time you will need for communication. Help
with the project could include sponsorship of the project, advice and expert
input, reviews of material to increase quality, etc.
Stakeholder Management is the process by which you identify your key
stakeholders and win their support.
Stakeholder Analysis is the first stage of this, where you identify and start to
understand your most important stakeholders. The first step in this is
brainstorm who your stakeholders are. The next is to prioritize them by
power and interest, and to plot this on a Power/Interest Grid. The final step
is to get an understanding of what motivates your stakeholders and how you
need to win them around.
Good Stakeholder Management helps you to manage the politics that can
often come with major projects. It helps you win support for your projects
and eliminates a major source of project and work stress.
Teamwork Dimensions
Major team functions include orientation functions (e.g., exchanging
information), coordination functions (e.g., performance monitoring and error
correction), and motivational functions (e.g., maintenance of norms, resolving
conflicts). These core teamwork dimensions may further also include performance
monitoring and feedback, communication, coordination, and adaptability.