Cmgt410 Wk4

Project Controls

CMGT/410

3/10/2014

UoP

MEMO

Project management includes lots of steps, and all of them are quite different from each other and necessary from the business development point of view. It includes various aspects like setting up a new work place, planning, and hiring effective team for carrying out the operational activities.

1. Strategies involved in the process of project completion

Project completion involves lots of steps, and the management has to follow all of them meticulously. The first step is planning which requires following factors -

a. Strategic planning

b. Resources like manpower, set up, and technology

c. implementing the plan, so that the said goal can be easily achieved by the company

Planning includes project plan, checking the deliverables, controlling the quality, interacting with clients to know their expectations, and budgeting the costs involved in the operational activities. Planning involves basic steps like initiation, planning, execution of the plan, monitoring, and closure. Every step plays a crucial role in achieving the objectives that are set by the company. In these actions, an effort is made by the company to find the area of concerns and strengths which will help the management to achieve the objectives of the organization. Through planning the company can check if there is any need for change in the budget, and redefining the plans if required.

2. Analyze the report for unplanned changes

Every plan needs to have an alternative option as this will help the management to cope with unexpected situation. At every steps of the progress of the plan, experts prepare report that shows the performance of the company as per the plan. If there are any deviations in the plan the same is reported to the higher authorities. Also, unplanned changes like changing the system or procuring of resources at a higher price, and others needs to be analyzed. Such changes can either increase...