Conducting a management Project unit 5006 Free Essay Example, 4500 words

Conducting a management Project unit 5006 Outline: Introduction Project management overview Contents as per unit 5006 Conclusion Introduction: Project Management is nowadays getting more popularity since it is able to give solution to today’s competitive environment. The organization needs to introduce new innovations in product and service management more quickly due to the increased competition, changing customer taste, etc. in order to sustain in the market. Project management helps the organization in this regard to find out the solution for these problems in a scientific manner. The timely finish of successful projects requires an understanding of both the technical and human resource components of project management. The technical component is necessary to recognize the critical activities that influence the total length of time a project takes to finish. The human resource elements deal with the issues of headship and worker inspiration within a group or team atmospher e. Project Management overview: A project is an organized activity to accomplish an objective. It can be defined as a series of related tasks that are directed towards a common output which will be completed during a period of time. We will write a custom essay sample on Conducting a management Project unit 5006 or any topic specifically for you Only $17.96 $11.86/pageorder now It is the planning, directing and controlling resources (people, equipment, material) to meet the technical, cost and time constraints of the project. Features of the Project Management: A project is a completely new task; thus there are no repetitive activities. It will be operated for the first time and the challenge cannot be predicted which may incur in future. The team members have to be conscious about their work and should monitor whether they can achieve the desired objective. Thus there will be continuous evaluation, monitoring, controlling till the project is completed. In short, we can say that the project management has taken place during the overall life of the project. New project team will be formed and after accomplishing its objective, it will be dispersed. Thus there will be more time required for the team members to perform effectively and there should be a conscious effort to ensure the participation of the team members by way of effective communication and motivation. Responsibilities of the project manager: Project managers characteristically have a distinctive role within the conventional organisation structure. Most project management squads are multidisciplinary in character, concerning a wide variety of abilities and organisational units.