PRINCIPLES OF PROJECT MANAGEMENT ASSIGNMENT OBJECTIVE: The assignment is intended to provide you the opportunity to evaluate and discuss critically three different principles of project management under the following tasks : Task 1 Task 2 Task 3 Organisation Structure Risk Management Project Planning The details of the tasks are explained below: TASK 1: ORGANISATION STRUCTURE Question Discuss the relative advantages and disadvantages of the functional‚ matrix‚ and dedicated team approaches to managing
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Managing Virtual Teams 1. Introduction Virtual teams have emerged to mitigate the challenges of managing teams that are distributed across different regions‚ and are a sustainable component of global business. A project manager managing a virtual team would have to integrate communication strategies‚ project management techniques including human and social processes in order to support the team‚ (Kimball‚ 1997). The author is a project manager assigned to lead a virtual team of 300
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Managing Communication within Virtual Intercultural Teams Christine Uber Grosse Thunderbird‚ The American Graduate School of International Management Abstract As global companies rely more on virtual teams to conduct short and longterm projects‚ business students need to be prepared to manage the communication of intercultural teams. Communicating across cultures using technology can be a difficult task. Best practices in managing the communication of virtual intercultural teams are identified from
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MANAGING CULTURAL DIFFERENCES ACROSS VIRTUAL TEAMS IN PROJECTS --- (Narotham sen tripuraneni) ABSTRACT I have taken this topic ’MANAGING CULTURAL DIFFERENCES ACROSS VIRTUAL TEAMS IN PROJECTS ’ since i felt there was a growing need in project management to address this issue. Thanks to growing global competition‚ today ’s businesses are no longer restricted by geographic boundaries. Globalization
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the stage for a new dimension of project management… Project Management (PM) is the discipline of planning‚ organizing and managing resources to bring about the successful completion of specific project goals and objectives. [2] This is hard enough to accomplish when the project is within a single department of a company and all team members are located on-site. Now‚ take all the stresses and difficulties normally associated with a project and scatter the team members all over the place; possibly
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Efficient Information Exchange One of the advantages of implementing the matrix organizational structure in a business is that it can lead to an efficient exchange of information. Departments work closely together and communicate with each other frequently to solve issues. Efficient lines of communication enhance productivity and allow for quick decision-making. For example‚ in a matrix structure‚ individuals from the marketing‚ finance and product departments may confer with one another to formulate
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Managing Virtual Team in Projects University: Athabasca University Abstract Due to advanced communication technologies‚ globalization and outsourcing most of the project management teams are based on groups of individuals called virtual teams who work across time and space using communication technologies. Members of virtual teams may be employees of same company from same country‚ or they can be contractors‚ suppliers and company employees around the globe. Managing
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topic: Advantages and disadvantages of functional structure. These days‚ most large manufacturing organizations have a functional structure. The functional structure describes an organizational structure in which the division of work is paramount. Jobs and activities are grouped together. The structure may be divided is various ways‚ including (among others) production‚ finance‚ marketing‚ sales‚ and personnel or human resources departments. The functional structure has both advantages and disadvantages
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The advantages and disadvantages a team. A team is formed by two or more than people that they were work together to achieve one mission. A teams members also have a responsibility to attend a meeting‚ make a presentation and also have an effectively communication. Indirectly‚ when we create a team‚ we automatically involve facing with the problems or anything else that happened in a team. It was because; there are many advantages and disadvantages a team. The first advantages a team
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try to restructure their organization’s structure to move toward “virtuality”. According to the Modern Management book‚ virtual organizations refer to as network organizations or modular corporation (Samuel & S. Trevis‚ 2012). There are both pros and cons for having a virtual organization. To begin with the positive points‚ organizations can reduce the cost by having a virtual organization. In this way‚ they can reduce some cost for working spaces and as well as utility expenses such as rent‚ maintenance
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