With the globalization in business today, there is a need for constant change. These changes are needed to catapult a business forward or to maintain its status quo. In project management, three key areas are necessary for a business to manage these changes. By exploring the areas of time management, scope management, and ensuring the needs of the customer are met, will provide the basic understanding of how project management has affected organizations. The examining of the phases of a project will provide a better understanding of how a project manager can help in managing the pace and the budget of the project. The management of time, scope, and customers’ needs along with an understanding of a project phases will provide a better understanding
…show more content…
Scope creep occurs when something new is added to the approved project scope without providing the needed increases in the budget, time, and/or resources. Some of the causes of scope creep are poor requirements analysis, not involving Stakeholders, underestimating the complexity of the project, lack of change control, and gold plating.
Finally, the most important reason that Project Management is instrumental in the improvement of business efficiency, effectiveness, and success is by focusing on the management of project time, cost, and quality to the satisfaction of the customer. As project manager ensure that a project stays on time, that cost does not increase because increasing requirement is made to the project, and ensuring that quality is not the compromise to meet time or cost short comings. The managing of as project can bring a lot of pressure to a project manager.
The pressure to manage a project is also felt by the workforce. With over half of the workforce agreeing that with a globalization, the work pace is constantly increasing and are constantly required to do more with less. When project managers were asked what project areas that they fill are stressed the most it was overwhelming identified as the launch date, product quality, and customer satisfaction (Lozowski,
Scope creep occurs when something new is added to the approved project scope without providing the needed increases in the budget, time, and/or resources. Some of the causes of scope creep are poor requirements analysis, not involving Stakeholders, underestimating the complexity of the project, lack of change control, and gold plating.
Finally, the most important reason that Project Management is instrumental in the improvement of business efficiency, effectiveness, and success is by focusing on the management of project time, cost, and quality to the satisfaction of the customer. As project manager ensure that a project stays on time, that cost does not increase because increasing requirement is made to the project, and ensuring that quality is not the compromise to meet time or cost short comings. The managing of as project can bring a lot of pressure to a project manager.
The pressure to manage a project is also felt by the workforce. With over half of the workforce agreeing that with a globalization, the work pace is constantly increasing and are constantly required to do more with less. When project managers were asked what project areas that they fill are stressed the most it was overwhelming identified as the launch date, product quality, and customer satisfaction (Lozowski,