Project Management
"Operations keeps the lights on, strategy provides a light at the end of the tunnel, but project management
is the train engine that moves the organization forward."
Includes Processes that Encompass Following Steps:
- Requirements definition
- Task definition
- Staffing and resource allocation
- Material selection and equipment specification
- Equipment staging and shipment
- Design
- Development
- Site preparation and compliance with any regulatory or environmental requirements
- Customer support
- On-going maintenance
In product development and process optimization, a requirement
is a singular documented physical and functional need that a particular
design, product or process must be able to perform. It is most commonly
used in a formal sense in systems engineering, software engineering, or enterprise engineering.
It is a statement that identifies a necessary attribute, capability,
characteristic, or quality of a system for it to have value and utility
to a customer, organisation, internal user, or other stakeholder.
Task definition:
Task is an activity that needs to be accomplished within a
defined period of time or by a deadline to work towards work-related
goals. A task can be broken down into assignments which should also have
a defined start and end date or a deadline for completion. One or more
assignments on a task puts the task under execution. Completion of all
assignments on a specific task normally renders the task completed.
Tasks can be linked together to create dependencies.
Staffing And Resource Allocation
"In both organizations, the primary management issue revolved around
resources. The portfolio management was overwhelmed issues concerning
prioritization of projects and, distribution of personnel from one
project to another, and the search for slack resources. However, there
were no resources available. Furthermore, when resources were
redistributed it often produced negative effects on other projects of
the portfolio. This forced the management to continuous fire fighting,
resulting in reactive behavior and short-term problem solving. However,
the primary lever for portfolio management to affect an ongoing project
in trouble was resource re-allocation"
In many organizations, employee workloads consist of a mix of project
and operational assignments. Due to endemic shortfalls in staffing,
such folks – particularly those who have key skills and knowledge –
generally have little or no spare capacity to take on more work.
However, soon comes along another “important” project in urgent need of
staffing and the rest, as they say, is tragedy: folks who are up to
their necks in work are assigned to work on the new project.
Watch out for the concluding part soon.
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