Explore BrainMass

Project Management

In today's increasingly complex business environment, successful business managers must also learn to be successful project managers. Faced with international competition, changing market demands, new regulation, and crisis, business managers recognize that the only thing that doesn’t change, is change itself. As a result, we see business managers undertaking a variety of projects: to find more efficient and better use of internal resources, to pursue new opportunities, to move between markets, to exit failing markets and to mitigate crisis. It is the growing competitiveness and complexity of doing business today that makes the science of project management increasingly important for the everyday business manager.

What is a project?

According to Harold Kerzner (2008), to understand what project management is, we must first tie down a definition of a project. A project has a specific objective to be completed within certain specifications, including a defined scope, start and end date, budget, and resources. A project, he says, also cuts across functional lines, involving people and nonhuman resources with different skills and expertise.

What is project management?

The science of project management is the methodology behind successfully implementing a project in an organization, originally developed by the U.S. Department of Defense. According to the PMBOK Guide put out by the Project Management Institute, project management consists of five stages. Project managers must use different skills and focus on different goals at each stage of the project. For example, getting other managers to buy-in and commit to the goals of the project is important in the beginning stage. At the ending stage, managers concern themselves with sustaining the gains from the project. The five stages of managing a project are:
1. Initiation
2. Planning
3. Project Execution
4. Monitoring and Controlling
5. Closing

What are project-management tools?

Despite project management’s proliferation into use by organizations in every industry, many project management tools remain the same today as they did when developed by the DOD. These tools include project-scheduling techniques, such as:
- Program Evaluation and Review Technique (PERT Network Chart)
- Arrow Diagram Method (ADM) or Critical Path Method (CPM)
- Precedence Diagram Method (PDM)
- Graphical Evaluation and Review Technique (GERT)
- GANTT Chart

At we offer students help with the study of project management, including applying scheduling techniques, calculating critical paths and slack time, and discussing current concepts such as lean project management.

Business Management for Manufacturing Operations

Weekly Question for Week 8. Hallmark has sent you to Thailand to start a manufacturing operation. The 10 pieces of equipment you need just arrived in customs. When you go to the customs area you notice a 2 star Thailand General inspecting your equipment. You say "hello." The General says that for $10,000 cash your equipment

Information Technology (IT) Management

Question 1 What are some of the current challenges in IT management?Also, discuss briefly the challenges of centralized vs. decentralized IT organizations. Question 2 What is the role of Information Technology in organizations and businesses?How do IT managers interact with others in the organization?How can IT managers

The Captiva Conglomerate Case Study

Al Carpenter, Materials manager at Captiva Conglomerate, has called a meeting with his Inventor and Spares manager, Sam Sliderule, and his Supply manager, Aaron Blumencranz, Jason Patel , vice president of Operations, Monica Stein, vice president of finance, and Jana Perry, director of Information Technology, are also in attend

Restaurant Improvement Proposal

I need help revising an upscale restaurant business proposal I have a PowerPoint presentation, but it really should have been assigned to someone fluid in graphics using Power Point. English grammar and current business background is a MUST. I need this to present to peers for critique. I also need someone who has

Dimensions of Good Project Management

Question 1 Discuss the basic dimensions of good project management and provide an example to support your response Question 2 In project planning, budgeting, and scheduling describe the roles played by key stakeholders and users. Question 3 Explain the role of accountability in project management and discuss w

Celoxis: Assessment of Web Based Portfolio

After you review the Celoxis website, write a 2- to 3-page paper, double-spaced. Start the paper with a brief overview and a description of Celoxis software, uses, advantages, and disadvantages, and your experience with the evaluation process. What are the advantages of using a tool to evaluate technology decisions?

IT Governance: Compliance

Write a 2- to 3-page double-spaced paper. Length: Follow the number of pages required in the assignment excluding cover page and references. Each page should have about 300 words.

Socio Technical Systems: Presentation

Review the experience of one organization's IT transition difficulties, described in the following article: Charette, R. (2010, June 30). "Outstanding success" or nightmare payroll system: Lawsuit will decide. IEEE Spectrum. Retrieved from­success­or­nightmarepay

Project Closure Statements

I need help completing the following with an example or something that I can use as a sample to go by. Think of a project that you have previously been a part of at a past or current place of employment, and imagine that you were appointed the project manager. Describe the process you and your project team would follow

Project: Construction

I need help with an example/sample for the following assignment. Scenario: You are the project manager responsible for a new building construction in northern Virginia. The building is worth $500,000 and will have five bedrooms, a kitchen, landscaping, and a two-car garage to be completed in two years. This was agreed upon in

Positive and Negative Risks Associated with Business Projects

Previously in the course, you were asked to think of a project you have been involved with at your place of employment. Think of that same project, imagine that you have been appointed the project manager, and complete the following: Identify some of the positive and negative risks associated with this project, and then rank

the precedence diagram method

I need help with an example/sample for the following assignment. Previously in the course, you were asked to think of a project you have been involved with at your place of employment. Think of that same project, imagine that you have been appointed the project manager, and complete the following: Create a schedule of the

Project-Based Management: Leading strategic Change

Think of a project you have been involved with at your place of employment or a place where you one day envision yourself working, and imagine that you were appointed the project manager for this project. Describe the activities that you and your project team will perform in the initiating, planning, executing, controlling and

Organizational Structure and Project Management

I need help with an example/sample for the following assignment. Review an article that describes how an organization's structure can shape the roles of a project manager and project team throughout the duration of a project. The article you select must be at least five pages long, and no more than five years old. Write a

Trends in Business

To lead a successful business, leaders and managers must be aware of developing trends, concepts, and advances that are occurring due to technology and globalization. The focus is on the value of the triple bottom line - profits (or revenue minus expenses), people, and the planet. In addition to speed, innovation, and quality, l

Case Study: Five Companies

Length: Minimum 4 pages excluding cover page and references (since a page is about 300 words, this is approximately 1,200 or more words).

Quality management system based on the Malcolm Baldridge

This solution examines how a quality management system based on the Baldridge criteria yielded were used to guide the U.S Postal Service in a changing market environment. In 1993 under the leadership of Marvin Runyon, the US Postal Service embarked on establishing quality measurement principles based on the Baldridge criteria t

Information Systems Development and project management

I really need help with a 3 part question.. 1. How can a business user be involved in the core activities of building an information software development methodologies such as agile development can work in tandem with project management for the benefit of both information systems development projects and organizatio

Information Security Reviews

Case Assignment Revisit Bruce Schneier's presentation in Module 2. This time, please focus on his discussions on cost/benefit analysis. Schneier, B. (2008). What are the implications of spying? CCTV interview with Bruce Schneier. Retrieved from If you don't have access to the pres

House of Quality to provide the organization with your perspect

Imagining yourself to be the customer, construct a House of Quality to provide the organization with your perspectives on what the important dimensions of quality are and how well the organization is currently meeting your needs. Develop a SPC checklist for each dimension of the product that you believe would be subject to stat

Absorption Costing Utilized by Managers

Critics of absorption cost have increasingly emphasized its potential for leading to undesirable incentives for managers. Give at least two examples and discuss.

Three leaders selected are Howard Schultz CEO of Starbuck's

For the purpose of this analysis, the three leaders selected are Howard Schultz CEO of Starbuck's, Tim Cook CEO of Apple and Larry Page CEO of Alphabet Inc. All of these leaders are known for their leadership skills and played an important role in developing strategies which are compatible with the needs of the modern era. These

Operations Management Scheduling

1. What is sub-optimization in scheduling? 2. Describe how cost accounting is sometimes antithetical to the Theory of Constraints (TOC). 3. What is the difference between finite and infinite loading? 4. You are responsible for an operation that has 12 distinct jobs. Seven of those jobs must be processed in two ope

Journal of negotiation for house purchase

Writing a journal of negotiation experience, for 3 negotiations. Gayle(BUYER): Hello Scot I have been looking over the inspection list and have done some other research on the property and I am ready to put in an offer on the house. Do you have some time to go over a couple of things? Scot Yes, I do. Gayle: Scot I

Probability and Economic Ordering

Can you please discuss each of these for me? 1. In cases where demand is difficult to predict, which probability models would you use so that the risk associated with stock out is managed? Briefly describe how each model would be used. 2. You have a business in which you sell very inexpensive items and very expensive

Type of exposure the CFO of H&M in the U.S. be subjected to

I need help with 2 questions: What type of exposure could the CFO of H&M in the U.S. be subjected to since H&M is based in Sweden and the financial statements are prepared according to IFRS? Payments or liabilities may also be subjected to exposure. Explain the operational hedging strategies that may offset exposure

Project Manager & Delaying Bad News

How does a project leader decide when to delay reporting bad news to stakeholders or senior sponsors? What factors would influence this decision? What are the benefits and drawbacks of withholding bad news?

Selling Skills for Project Managers

Continually selling your project is necessary to keep senior sponsor and stakeholder support. What types of selling skills would be beneficial for a project manager to obtain? How may a project manager internalize these skills and utilize them effectively when communicating about a project?