Project Management Case Study

Project Management plays an important and strategic role for many companies to innovate and sustain the challenges in today’s economic demands and for their long term growth. Upper management need to recognize the importance of project management and its fundamentals to better engage the employees for mutual benefits. Project management is not limited to a particular industry, such as engineering or construction, it is indeed relevant to many other industries too. One aspect of project management focus is on the delivery of addressing the organisation’s challenges through its goals and objectives. This aspect also encompasses the financial planning and the reporting functions to fulfil the demands of the organisation business needs. Project
Legal implications can also be involved in the matter of contracts breech or due diligence. Therefore, project management plays a vital role in preventing potential and costly problems for the organisation. By being a guiding strategy, project management acts as a protection to the organisation. With the involvement of process planning, the operational activities will be managed to monitor the deliveries of the project, that is by tracing every steps taken throughout the project. Through tracing or re-examining the steps, the organisation will be protected and be able to present any evidence required to relieve the organisation from issues of any regulatory concerns. Management of employee deployment has been another key aspect of project management. This aspect has been vital as it provided mutual benefits for both the organisation and the employees. For many organisations, employees are not only a valuable assets but also an expensive resource. Project management will outline staffing needs according to the skillsets and the importance the employees place onto the projects. Therefore, project management helps the organisation to appraise the human resource they
Thus, project managers are able to foster better teamwork amongst the team members. Project managers with solid leadership capabilities are key to effective project management. With the challenging global business demands, the organization sought for project managers with range of skills and capabilities to complement the projects when the need to redefine the projects to any evolving changes. The aspects of project management as mentioned above has provided growth to Nucleus Connect (NC) Pte Ltd, the organisation I am employed to. NC being a young company of 5 years, has been involved in many bids and tenders to secure business deals to the company. Thus, there have been many projects involved due to the tenders awarded. These aspects of project management have also been a focus with the various project teams at NC. As such, I am also roped to participate at one of NC’s ongoing project. In NC, project teams approaches are top down which is similar to the other divisions and ease the integration processes where