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Alternative Solutions to Project Management Problems

Can anyone please help me with some ideas on the following?

? Evaluate the need for leadership in project management.
? Assess the challenges of developing high-performance project teams.
? Compare and contrast face-to-face and virtual project teams.

Thank you.

Solution Preview

Hi,

Below and attached are the answers (same answers in 2 different formats) to your questions on alternative solutions to problems in project management. I hope this helps you in your studies.

Thanks,
Fariba
OTA # 105428

ALTERNATIVE SOLUTIONS TO PROJECT MANAGEMENT PROBLEMS
Can anyone please help me with some ideas on the following?

? Evaluate the need for leadership in project management.

The most important factor in the success of a change-based program is often a leader's ability to build, support, and direct the organization's energy. Launching this energy requires that the leader secure the organization's cooperation to create the right structure for the change program, emphasizing both short-term performance and longer-term strength, setting the right goals and creating a time line to meet them, entrenching change in the company's culture and processes, motivating employees toward accepting transformation , and reinvigorating upper-management. This is a monumental challenge requiring the strongest possible leadership to make the desired impact (Price, 2006).

A good example of how leadership impacts project management is Kookmin Bank. When South Korea's banking system suffered a severe downturn in the 1997 Asian financial crisis, which exposed poor management and weak lending practices, Kim Jung Tae was one of the banking leaders responsible for the amazing turnaround that ensued.
Kim, as CEO of South Korea's Housing & Commercial Bank (H&CB), chose to keep the bank's focus on residential mortgages, an ...

Solution Summary

This is a description of the need for leadership in project management, the challenges of developing high-performance project teams, and comparing and contrasting of face-to-face and virtual project teams.

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