Contents
1. Introduction……………………………………………………..3- 2. Project Management
- 2.1 Alignment with Corporate Strategy………………………...…4
- 2.2 Accountability & Responsibility………………………….…...7
- 2.3 Organization Structure………………………………………...8
- 2.4 Project Process & Methodology………………………………9
- 2.5 Project Knowledge Areas……………………………………11
- 2.6 Project Success Measures……………………………………17
- 3. Implementation of Staging Plan……………………………….18
- 4. Conclusion…………………………………………………….19
- 5. Bibliography…………………………………………...……...
Description
With escalating competition, companies are finding ways to maximize their profit by minimizing their cost. The key to organization’s success and profitability lies in effective project management. The report is designed to analyze the importance of project management. To bring efficiency in project management, the report is divided into different sections for better understanding of project management in the era of globalization. The first part of the report analyzes the contents of a project. In this section, the analysis states that effective project management is one which is lined with corporate goals and objectives. This section draws attention on importance of aligning project management with corporate strategy. Furthermore, it recommends measures as how to improve management practices for a successful project management.
To delve into the concept of project management, the next section is on responsibilities and accountability, its role in project management. It lists certain recommendation to bring efficiency in projects management by team. The most appropriate organization structure suitable for successful project has been listed in third section of the paper. For success of any project the key of successful management lies in project methodology and application of project knowledge areas in methodology used. This section is followed by determining project success measures and staging plan for implementation of project strategy. The scope of the report is to recommend successful project management in competitive era which is recognized by time, quality and profit.
