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Running head: PROJECT MANAGEMENT 1 Project Management: A Pathway towards Successful Project Outcome Robert Haskins BUS 611: Project Planning and Management Dr. Ken Edick 4 August 2014

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Page 1: robert.haskins.week6

Running head: PROJECT MANAGEMENT 1

Project Management: A Pathway towards Successful Project Outcome

Robert Haskins

BUS 611: Project Planning and Management

Dr. Ken Edick

4 August 2014

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PROJECT MANAGEMENT 2

Project Management: A Pathway towards Successful Project Outcome

The rigors of conducting business in today’s world have propelled the profession of

project management into the forefront of a successful organization. In the text written by Erik

Larson and Clifford Grey (2011) they spell out the importance of project management as a

“Results-oriented management style that places a premium on building collaborative

relationships among a diverse cast of characters” (pg. 3). However, project management goes far

beyond this explanation and a conclusive definition of how it affects the business world is

examined. The benefits of project management to an organization are exponential due to its

ability to bring the needs of the organization, or its clients, to successful and positive outcomes.

It takes strong leadership and sponsorship to accomplish this. Moreover, building a team that

exemplifies the talent needed to bring project success is essential. This report also examines the

techniques of managing scope and its integration into the work breakdown structure. The

contingency plan is another important consideration in the project plan due to its importance in

managing risk. Furthermore, a phase review will give the project sponsors a projection of the

project and its health. Lastly, this report will examine the tools the project manager has to help

them in bringing a project to successful closure. These elements of project management are just a

small part of the vast tools and techniques project managers use to build a pathway towards the

positive outcomes their organizations and/or clients want.

The Benefits of Project Management to an Organization

The term project management is not regulated to a specific sector or profession. It is a

skill set used by many professions and businesses as a process to completing goal-oriented tasks

with a defined start and end to a project that will benefit the organization. However, with an

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increase in demand for membership to the Project Management Institute (PMI), “A professional

organizations for project managers” (Larson & Gray, 2011, pp. 3) indicates how the profession is

becoming more unique and exceptional from the other professions. This also shows the

importance of project managers to many businesses.

Project managers are vital to business because of the work they do to meet the

expectations of the customer. “The project management plans the allocated budget, resources

and testing methods that keep the pace of production high, both qualitatively and quantitatively”

(Pandey, 2012, para. 4). Quality and cost controls are important to maintain the integrity of the

project. Therefore, a great deal of care is taken by the project manager to control these factors

and report them to senior management and stakeholders.

Insufficient communication between associates and the sponsors of the project can

negatively affect the organization. “Stakeholders…prefer investing in those companies that

deliver projects on time and keep them informed about updates and progress of the projects”

(Pandey, 2012, para. 5). The project manager can become a bridge to communicate the discovery

of flaws and risks that can harm the confidence in them and/or the organization.

The competitive nature of business in today’s world creates pressure that forges risks that

all project managers will have to mitigate, avoid, transfer, and retain. However, the project

manager is not without a set of tools that help them to assess the risks with scenario and

probability analysis, and the risk severity matrix. “Risk management identifies as many risk

events as possible, minimize their impact, manages responses to those events that do materialize,

and provides contingency funds to cover risk events that actually materialize” (Larson & Gray,

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2011, pp. 211). The risk assessment works in conjunction with strategic planning to guide the

project towards success.

Strategic planning is vital to the success of an organization and it does not spare the role a

project manager plays. “A project management team helps the company in achieving the

strategic goals, as it streamlines the task of a company in taking many important decisions”

(Pandey, 2012, para. 3). What is meant by this quote is that an organization depends on the

project manager to take the decisions that are paramount with the goals and expectations of the

customer. Therefore, these points are evidence that project management is very important to the

prosperity of the organization.

Leadership and Sponsorship in Project Organizations

A major contributor to a successful project organization is support given from the

sponsors and/or stakeholders. The sponsor is the person or group of people that has the authority

and recognizes the need for change. They are the ones in the organization that will take the

repercussions of failure and success. Therefore, reliance on a project manager to deliver the idea

for change is important to the sponsor and ultimately the organization. In addition, it is

important for the project manager to know who the sponsors are and what they expect, only

effective communication between the sponsors and the project manager will create the

environment for all those involved to succeed in the project. The project manager needs “To

ensure that the sponsors have enough authority or influence to undertake the work and bring

about the proposed change in affected parts of the organization” (The ePMBook, 2007, para. 5).

If the sponsor supports the project but only has the authority of a specific department and the

project does not have the support of other departments that are effected, the project will fail.

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The belief in a successful leader as a project manager is strengthened by the trust given

by the sponsor. Some have said that leaders are born and others would say that it could be

learned. In project management, the characteristics of an effective leader are motivation,

direction, and organization. Project managers are able to motivate those who work on the tasks

in the project and able to give direction towards the implementation of the plan. These

characteristics can only be achieved through good organizational skills. Another characteristic

that must be mentioned is honesty and trust. “Trust withers through neglect” (Larson & Gray,

2011, pg. 362). It is very important to maintain the trust with the sponsor and face-to-face

communication will help to suspend the reaction of “Doubt, suspicion, and even monetary bouts

of paranoia” (pg. 362).

Successful Team Building

Building the team that will accomplish the goals of the project is important to the

organization and creating positive synergy with those members will make the goals possible. A

five-stage model has been created to help formulate a cohesive and effective team. Forming is

the initial stage to get members acquainted with each other and relate them to the scope of the

project. Storming is a stage that can either destroy the team or bring them together and an

effective project leader can convince the team to “Accept that they are part of a project group

[and] resist the constraints that the project and group put on the individuality” (Larson & Gray,

2011, p. 378). The third stage is norming “In which close relationships develop and the group

demonstrates cohesiveness” (p. 378). This stage also establishes team groups that work together

towards a common goal. The performing stage in team development is the point in which the

actual work begins and all of the team begins to accomplish the goals of the project. The last

stage is adjourning and it marks the end of the project. However, this stage does not just indicate

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the end of a project, “The team prepares for its own disbandment” (p. 378) by adjusting to the

change of the satisfaction of a job well done or the loss of a friendship the team members have

become comfortable. The development of a team using the five-stage method is an effective way

to bring together the diversity of people to a cohesive group that can successfully accomplish the

goals that have been set forth.

Managing Project Scope

The development of a successful project scope could be the single most important task a

project manager has inaugurating a project. The scope establishes the execution of key project

management areas including time, cost, and quality. To maximize control over the project scope,

Asadullah Khan (2006) examined five specific components of scope, in conjunction with the

work breakdown structure, to create an effective management of scope having a positive effect

on other project management areas (procurement management, contracts management, risk

management, and human resource management) (pg. 12). These five sub-divided components of

scope are project initiation, scope planning, scope definition, scope verification, and scope

change control.

In the development of the scope there are certain analytical matrix is used to identify the

needs of the organization to disseminate the actual needs to those that are only perceived.

Organizations may feel that a need exist when actually the cost to change or develop that need

will have more cost than benefit. Therefore, a feasibility analysis is a milestone in project

initiation and scope management. “Detailed feasibility analysis is the most important output

from the initiation phase of scope management. This allows management to give the go-ahead

for project to proceed or to shelve it” (Asadullah, 2006, p. 12).

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Once the organization’s needs are determined and the feasibility of success has been

achieved, the developing of a preliminary WBS and a summary of the work packages establishes

the structure the project scope can begin to take form. “At this stage it is useful to work with

knowledge of project cost, schedule, and key quality parameters” (Asadullah, 2006, p. 13). This

is an important step in scope management because it provides the project sponsors the basic

structure of the project and gives them the visualization of the project’s possibilities.

Defining the scope is a process of inputting key components to the preliminary WBS and

developing the structure keeping in mind of cost, time, and quality. In addition, at this point

issues with the project’s scope become more evident between vendors and the organization. This

marks an important moment to resolve these issues. The last two steps in scope management,

scope verification and scope change control, are part of a feedback loop to verify all the

deliverables of the project before implementation and the mechanism to control those changes in

scope. These five sub-divided components of project scope work as a group that, at times, does

not proceed in an exact manner. Some steps may be combined depending on the size of the

project. What is taken out of this is that the WBS displays the intention of the project scope and

the scope defines the structure of the WBS. “Anything not shown clearly in a WBS is out of

project scope, along with any implied activities” (Asadullah, 2006, p. 14).

The Work Breakdown Structure

The Work Breakdown Structure (WBS) is the process a project manager use to divide the

tasks of the project network into “Smaller and smaller work elements” (Larson & Gray, 2011, p.

108). What the WBS does is make it possible for the project manager to effectively analyze cost

and work performance at each stage of the deliverables whether they are major or minor

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deliverable. In addition, the project manager can answer any questions or submit progress

reports to the sponsors of the project and “Problems can be addressed and coordinated because

the structure integrates work and responsibility” (Pg. 109). With the WBS, the project manager

can assign individuals or groups to specific work packages to effectively plan, schedule, and

budget the project. There are a number of different types of WBS that project managers can use

according to the complexity of the project they are involved. However, the hierarchal structure

is the most common because of the unique identification method to organize each level of

deliverables and work packages (Project Management Documents, n.d.).

Contingency Planning

The contingency plan is an offshoot of an integral part of the project plan in risk

monitoring and control. The project manager’s bible, the PMBOK (2003) has defined risk

monitoring and control as;

“Risk monitoring and control is the process of identifying, analyzing, and

planning for newly arising risks, keeping track of the identified risks and those on

the watch list, reanalyzing existing risks, monitoring trigger conditions for

contingency plans, monitoring residuals risks, and reviewing the execution of risk

responses while evaluating their effectiveness” (pg. 264)

A plan to advert risk is an implementation of activities in response to risk before it

occurs, a plan to mitigate risk after it occurs is having a contingency plan. In a contingency plan,

a method to manage the risk occurrence will involve a cost estimate and identifying a source of

funding (Larson & Gray, 2011). Communicating the contingency plan to the team will prepare

them with the inevitable disruption of a risk occurrence.

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Performance Review at Each Phase of the Project

The definition of a project includes an arrangement of tasks that incorporate a beginning

and an end. Therefore, the final phase in a project is a series of tasks that include wrapping up

the project, an evaluation of the performance on the project, and a review by an independent

facilitator (Larson & Grey, 2011, pp. 505-506). It has been often said that a lesson can be

learned from your failures, but a lesson can also be learned from your successes.

The tasks at wrapping up a project are to ensure the project is approved and accepted by

the end-user or customer. Motivation is a key attribute for a leader to maintain the enthusiasm a

project team may have had at implementing the project and may have lost in the closure of one.

“Communicating a closure and review plan and schedule early allows the project team to accept

the psychological fact the project will end and to prepare to move on” (Larson & Grey, 2011, pp.

507-508). Closing out the project can entail a lengthy list of tasks including delivery to the

customer, stopping and reallocating resources, reassignment of the project team, closing expense

accounts, and creating the final report (p. 508).

An evaluation of the performance on the project will give detail on what to do next time

in a successful project, and what not to do in a failed one. Furthermore, a team assessment is

conducted to encourage team members to support individual development and improve through

learning about their missteps and accomplishments. A peer assessment will give additional

insight into how constructive team collaboration was. “[Using] peer assessment for constructive

criticism focused on improvement and not as a part of a final evaluation” (Smith & Imbrie, 2007,

p. 112). The evaluation surveys and peer/self-assessment data are collected for project

retrospectives, which can present situations that may influence performance. In these situations,

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performance evaluations should recognize and note the unusual situation (Larson & Grey, 2011,

p. 516).

Using an independent facilitator to collect and implement the lessons learned to improve

management of current and future projects is part of the final report and project closure (Larson

& Grey, 2011, p. 518). However, the role of the independent facilitator must be just that,

independent. Independent in their opinion and not influenced by internal and external

associations to the project. Although, the independent facilitator will be someone that has broad-

based experience in the organization or industry and has no direct involvement in the project, the

facilitator must be perceived as impartial and fair (p. 518). Learning from the retrospectives of

the independent facilitator can affect the organization and care must be taken to use these

retrospectives effectively.

The Benefits of Project Management Software

The software project managers are using to help them build the network and develop the

project organization has revolutionized the way they create the opportunities to complete their

goals. Whether the organizations are large or small, project managers are using software that

helps to collaborate with others on the project, delegate tasks, stay on schedule, track projects,

and communicate with clients and vendors (Brookins, n.d.). Software has provided associates

with the ability “To collaborate on projects by sharing documents, timelines, and status updates”

(Brookins, n.d., para. 2). The software also helps the organization and project leads a way to

delegate the tasks by assigning roles in the system. In addition, staying on schedule is very

important to reducing cost and increasing productivity. “This information alerts employees to

upcoming deadlines, allowing them to manage their time appropriately to complete tasks before

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or on the listed due date” (para. 3). Another key element to the success of a project is the ability

to track the progress of the project. “The software will let you know what's been completed, as

well as by whom, and what still needs to be done” (para. 4). Lastly, just as the software can help

the associates to collaborate on the projects to help resolve issues internally, the software can

also help keep the clients and vendors informed of the progress of the project. Project

management software has become an effective tool to help the project manager with the

complexity of the projects they are involved.

Conclusion

The fundamentals discussed in this report all have significant features that have specific

roles in project management. Certainly the benefits of project management are too numerous to

list but since the increasing use of project management in today’s business world signifies this

point. Although, the positive outcome of every project will include strong leadership and support

from the projects sponsors. In addition, the team built to take on the project will need to work as

a group even if they are from different departments. Strong leaders utilizing positive synergy

build successful teams. Project scope, integrated with the work breakdown structure (WBS), is

the platform for the project and managing the scope is important to establish the project plan.

Furthermore, the report has examined the hierarchy of the WBS and how it is divided according

to the process of the project plan. A contingency plan is a formal plan to manage risk that has

already occurred. This will include the planning of resources to handle such risk occurrences.

This report also illustrated the importance of the sponsor in the project and how phase reviews

will help to maintain the confidence the sponsor has in the project. The last aspect of this report

examined the use of project management software and its importance in helping project

managers develop the project plan and build the pathway towards positive project outcome.

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References

Asadullah, K. (2006, June). Project scope management. Cost Engineering, 48(6), 12-16.

Retrieved from http://eds.b.ebscohost.com.proxy- library.ashford.edu

Brookins, M. (n.d.). Benefits of Using Project Management Software. Retrieved from

www.chron.com: http://smallbusiness.chron.com/benefits-using-project-management-

software-2196.html#loopbegin

Larson, E. W., & Gray, C. F. (2011). Project management: The managerial process (5th ed.).

New York, NY: McGraw-Hill.

Pandey, K. (2012, March 2). Why is Project Management Important. Retrieved from

www.buzzle.com: http://www.buzzle.com/articles/why-is-project-management-

important.html

Project Management Documents. (n.d.). Work Breakdown Structure Templates. Retrieved from

http://www.projectmanagementdocs.com/templates/Work%20Breakdown%20Structure.p

df

Project Management Institute. (2003). Project management body of knowledge (3rd ed.).

pmi.org. Retrieved from

http://m.engineering.queensu.ca/Outreach/EngineeringStudents/files/PMBOK3rdEnglish.

pdf

Smith, K. A., & Imbrie, P. K. (2007). Teamwork and project management. (3rd, Ed.) New York:

McGraw-Hill Co.

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The ePMBook. (2007). Project Definition. Retrieved from www.epmbook.com:

http://www.epmbook.com/projdefwhy.htm