INTRODUCTION International project teams has been argued to be a key factor in the success of most international organizations(Heimer, 1994). Many factors have been attributed to this and they include; Rich cultural diversity leading to different ideas been generated by the respective team members thus bringing together knowledge and skills from the different countries that […]
Risk Management techniques
Risk ManagementQuestion: B) “We will never know if we have identified all the risks in a project” Given that the above statement is true; explain to a member of the Board of Directors the value of using Risk Management techniques for major project. Introduction “Every human endeavour involves risk; the success or failure of any […]
Renegotiating Contractual Terms under PPPs
Renegotiating contractual terms under PPPs- Moral Hazard or Practical Solution? Table of Contents (Jump to) Executive Summary 1. Introduction 1.1 Evolution of PPP model in India 2. PPP mechanism in India 3. Current status of PPPs in India 4. PPP model and schemes 5. Why closed approach to contract renegotiation? 5.1 Risk Involved in PPP […]
Project management within organisations
Executive Summary This report is focussing on the critical evaluation of two major aspect of project management process; stakeholder management and risk management. In depth analysis of tools and techniques of both the aspects has been done. Along with power/interest matrix, communication plan for stakeholder management and risk identification, risk analysis, risk mitigation and control […]
Project Management in Construction
Definition: “Project management is the art of directing and coordinating human and material resources throughout the life of a project by using modern management techniques to achieve predetermined objectives of scope, cost, time, quality and participation satisfaction.” Definition according to Project Management Institute Objectives of Project Management: For construction project management the objectives depend a […]
Planning and design phase
CHOICE OF PROJECT MANAGER AND TEAM MEMBERS The initial phase of the Sodor project involved the formation of the project team and the nomination of the project manager. Group 12 is made up of 4 Nigerians and 1 Vietnamese which reflects a multicultural team with each nationality possessing peculiar personality traits. The objective of the […]
People And Organisational Development
This paper deals with the various problems organizations face while implementing change. It looks at change both from the organizational point of view and the individual’s perspective focusing more on the latter. It considers the various process and models involved in change management. The paper compromises gist’s of a case studies which is attached as […]
Project Based Organization (PBO) Analysis
In today’s turbulent market, a lot of organizations is still seeking for a strategic advantage over others and a lot of them has actually seek Project Based Organization (PBO) as a way to propel them for greater height and thus, gain a strategic advantage over other companies. However, there are still questions how they can […]
Leadership in project management.
1: Introduction: Project Management is increasingly becoming an essential element in every organization due to the increase in the need for responding to the changes in the business environment with stiff competition as argued by K. G. Lockyer (2005). This is mainly because of the fact that an organization through the deployment of projects can […]
Emirates Stadium: Project Management
1.0. Introduction The PMI defines project management as ‘the art of directing and coordinating human and material resources through the life of a project by using modern management techniques to achieve pre-determined goals of scope, cost, time, quality and participant satisfaction’ (Smith 2002) “Through the project management process, business needs and requirements are transformed into […]