Understanding of new learning in the field of project management

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The response addresses the query posted in 2899 words with APA references

//Project management is considered as one of the most essential aspects for the successful completion of the project within the cost and time limits. It is relatively important to attain adequate knowledge of the project management concepts and principles to evaluate the project success and to understand the problems in an effective manner. In particular, this paper will focus on the project of installing customer relationship management software in our organization.//
Introduction
Being the project manager of the project undertaken to install the customer relationship management software in our organization, it was analyzed that project management has become imperative for bringing transformations. It is essential to bring significant improvements in the project management skills that allow the organization to adopt best methods and processes (Morris & Pinto, 2010). Project maturity model provides a logical path for progressive development and facilitates significant transformations in the project. In this respect, the organization is able to link the project with the organization's strategy and needs. Thus, the company focuses on projects that support the strategic goals of the organization. With the help of this model, the organization can map the improvement of the project management processes. This model will also help the company to determine its position as compared to its competitors in the same industry. This model demonstrates various levels, which are described as under:
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Level 1: Initial/Ad Hoc Process:
At the initial stage, the project management activities are not defined properly. The data collection and analysis related to the project management is not done in a systematic manner. Moreover, the processes and systems are not controlled effectively and no specific guidelines are prescribed to ensure the continuity of the project management processes (Morris & Pinto, 2010). As a consequence, project management tools and techniques are not applied in an effective manner. In this context, the thesis statement is stated as, "Various aspects of project management like aligning with organizational strategies, maintaining project quality and project communication is necessary".
Level 2:
Structured Process and Standards/ Planned Level
At the planned level, the management of the organization plans the project related activities in order to conduct the activities in an organized manner. In this phase, the entire project team understands the requirements of the project. In this context, the project team collects and analyses the project related information in an informal process (Crawford, 2006). As a project manager, all the project management processes are organized partially to initiate the activities. Planning and management of the project related activities are undertaken in this step. Thus, it has been inferred that this stage effectively fulfills the project planning aspect. In this essence, our project team establishes estimates and schedules based on summary level information about the installation of CRM software.
Level 3:
Managed at the Project Level
This stage emphasizes the organizational standards, wherein the project takes into consideration the goals and objectives of the organization. In this stage, processes related to project management become more robust and determines systematic planning and control the different aspects related to the project. In this stage, the entire team works together in an informal setting in order to identify the challenges regarding the project management. All these challenges are then documented for each project. In this context, the project team analyzes and collects the data trends related to the CRM software in order to take control of the project activities (Crawford, 2006). Furthermore, it is essential to undertake informal analysis to evaluate the performance of the project, so that corrective actions can be undertaken for project deviations.
Level 4:
Managed Process
During this stage, the organization effectively plans, manages and controls multiple projects across the organizational project portfolio. The project management processes are integrated with the organizational processes, which in turn will accomplish the corporate goals and objectives. The management of the organization makes it compulsory that the project is well aligned with the corporate objectives. All the project related data and records are collected systematically and reviewed by the project team members. The data is gathered and reviewed in order to enhance the productivity and quality and other factors that contribute to the success of the project (Patzak & Rattay, 2011). With reference to the installation of the CRM software within the company, the project team members develops the CRM software by gathering all the information and builds a customized mechanism that enables to bring significant improvements in the company.
Level 5:
Optimizing Process
In this phase, each project team member spends ...