Project Management Written Assignment 1

2012-02-MAN-435-OL009 trade union movement Management Written Assignment 1 1. Discuss the principal reasons wherefore realize oversight has become such a popular telephone circuit tool in recent years. Business has changed in the past 20 or so years. Products atomic number 18 being produced more rapidly and with the portal of globalization competition has become more abundant. There is a contend to become more customer centralizeed but at the same(p) time quicker to market while still reducing cost. Doing business the old way is just not cutting it anymore. Project management scores companies the ability to taper on many things at once without losing focus on their core business model.Processes become realises that see a absorb and finish and can be tracked and quantified from beginning to end. Projects also give the company the ability to become more innovative by manner of speaking mint from different departments unneurotic. This promotes fresh thinking and upsets the status quo which is a favorable thing. 2. Suppose that you are in rosiness of a drudgery line. What is pass judgment of you as a process motorcoach? Now suppose that you are assigned the task of making a radical change to the employment process. What then would be expected of you as a project manager?As a process manager you are in charge of making sure the day to day operation is running smoothly and that you meet your immediate quotas. You are also in charge of managing people. Managing people includes disciplining workers when need and conflict resolution. A process manager, e modifiedly on the production line level is not involved in big meet thinking and only needs to be concerned with what is happening in their department. If I were tasked with revamping the production line my day-to-day would change drastically. My main focus would less about the process and more about the project.Instead of managing people like a shot it would be more about managing the project and the conflict resolution would be more focused on how to make the team members work together for the common goal. The project would probably be more big give oriented instead of focused on just the task at hand. More would be expected of me than just meeting quota. 3. Describe the sanctioned elements of the project life vibration. Why is an understanding of the project life pass relevant for understanding project management? The project life cycle consists of the conceptualization phase, the planning phase, the execution phase, and the termination phase.Understanding the project lifecycle is important because it is the theme of all project management. You take one phase out and the project will fail. You cannot start a project without a good scope, or blueprint. The project lifecycle is set up so that you cannot move on to the adjoining stage in the cycle without going through the previous stage. I also want to mention the termination phase. This is where you terminate the project and launch together a document that explains the delays and fixes that helped the project come to fruition. 4.Compare and contrast the tether organizational social structures discussed in the text utilisational, project, and matrix. Provide examples that show the difference amongst the three, including more or less of the advantages and disadvantages of each. There are three main organizational structure types used in business today. They are functional, project and matrix. They each chip in their strong points and weaknesses. I will list the strengths and weaknesses of each while study them to each other. The functional structure is based around having similar activities sort into departments. An example of this would be an accounting department.The strength of the functional structure is that you have a group of experts located in one department which makes choosing someone with a certain expertise more efficient. The weakness to this structure comes when you en deavor to allocate people to projects. Their loyalty will always be to their function which unremarkably puts the project on the back burner. The project structure takes some of the stress of the project managers by making it so they dont have to be second to a functional manager. They get across-the-board access to their own people and the loyalty is always on the project. The autumn to this structure is that they may have a lack of expertise.Especially since project structures usually go to external sources when needing a specific type of expertise. Therefore they pretermit that expertise when the project is completed. The matrix structure is good in that it combines strengths from both(prenominal) the functional structure and the project structure by placing the functional and project managers on the same level. The downfall comes when there is disagreement on where the resources should be best allocated. This structure involves more negotiating and politics than the other s tructures and takes a special skill set to be an effective project manager.