Saturday, July 20, 2019
Project Planning and Control Methods Essay -- Projects Management Prod
Project Planning and Control Methods    Project planning and control methods came to be in the 1980s with the  introduction of microcomputer software. In the 1990s project  management was accepted into the mainstream business as a means for  developing new products and services. In the 20th century project  management appears to be the solution to many of the challenges  confronting global business enterprises (Gray, C. & Larson, E., 2003).    Trends such as the globalization of business operations increase in  mega mergers and acquisitions, increased focus on results, need for  speed in delivery, and pressure for accountability have fueled a  growth in project management activities across the organization.  Traditional organizations are undergoing significant changes, which  are being driven by the advances that information technology is  bringing to the business world (Gray, C. & Larson, E., 2003).    Project management must include management of product life cycle.   Gray and Larson states that the shortening of the product life cycle  is perhaps the most enormous force driving changes in the process of  managing projects. The average life cycle of all products 50 years ago  was in the neighborhood of 15 to 20 years. Now it is estimated that  the life cycle for all products is three years. High-technology firm  executives estimate that the average life cycle of products to be six  months. Short life-cycles increase the number of projects an  organization will have to handle simultaneously. A new product creates  a need for a new project.    Once the product life cycle ends, it is up to the project team to help  bring the company up to date with ideas and concepts. Improved  knowledge and technology support innovation and innovation results in  new projects. Global competition has reached all parts of the world.  Surviving and being successful in harsh competition intensifies the  need for sustained innovation and process improvements (Gray, C. &  Larson, E., 2003). Organizations have to be leaders in innovation and  process improvement to win the competition.    Organizations are adapting to support more effective project  management as projects become the focal point of businesses. The more  successful organizations of the future will be the ones that support  flexibility, places high importance on projects, and maintain a  sustained effort by members to...              ...ey times    * Have a clear agenda and document actions    * Focus on team member similarities    * Communicate regularly    * Give performance feedback    Because leaders/managers can not see team members, it is easy to  forget that people are working in context that are different and that  they might have different support needs, resources, and  demands.     There exists a wide array of challenges involving project management  with members of a different ethnic or cultural background. Environmental,  political, legal, economic, and cultural differences can act as  barriers towards completing projects. Due to these factors, it becomes  extremely important for the project manager to step in and make an  assessment of its team memberââ¬â¢s ability to communicate effectively  across cultural boundaries. A look into past performance reviews as to  how well they work within a team constraint and possible work issues  with other employees, should information on potential conflicts that  may arise. Project managers should never just look at skill-set as the  determining factor in putting together a team, because other  intangibles may outweigh an individualââ¬â¢s ability to handle the  project.                        
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