Project Management Review Essay Example | Topics and Well Written Essays - 1250 words

Project Management Review - Essay Example While the former deals with system, the latter is related to environment and culture. It is necessary to develop a clear project scope statement that connects the project and customer. In addition, it is necessary for planning and control. Thereafter, there is proper work breakdown that will enable proper planning and monitoring of the progress of the project. As a result, the project and its changes will be properly documented and traceable. On the other hand, as Larson, and Gray, point out, the sociocultural aspects deal with developing a social system that incorporates the talents of various people working together to complete a project (14). It is the sociocultural aspect that develops a project culture that enhances teamwork and ensures high level of motivation. In addition, it should ensure provisions to quickly solve problems. Also, the dimension takes into consideration the interaction between the project and external environment. In total, it is about developing conducive so cial network of skilled professionals. II The three main elements which are to be balanced continuously in a project are time, cost and performance. In fact, in a project, these three constraints are not independent. Instead, they interact each other. For example, if resources are added to shorten the time period, there will be a rise in the project cost. For example, every project is evaluated according to â€Å"accomplishment, cost, and time period† (Larson, and Gray, 5). So, it becomes the most important function of a project management to balance the tradeoffs between time, cost and performance as a way to satisfy the customer in the end. III There are three basic ways to organize a project team. They are functional organization, dedicated project teams, and matrix structure. In the functional organization, the project is managed within the traditional, functional departments of an organization. Some examples are the departments of R&D and IT. This form is usually selecte d when the number of functional departments in the project is just one or two. In addition, in this system, one department is mainly responsible for implementation and it is this department that plays the most important role in the project. However, this system many not be suitable when a project is complex that requires a lot of independent decision making. However, a dedicated project team is usually an independent organizational unit, and it has members who devote their full time effort on the project. This team is suitable when the project is complex and large which requires a considerable number of functional disciplines, often more than six. The last one is matrix structure of organization. For this team, multiple functional units within the company are incorporated for people to be team members as needed. This form is often adopted when the project size is medium; that is bigger for the traditional functional organization and smaller for a full time dedicated team. In other w ords, when there are four to six functional disciples in a project, the matrix system is favored. The advantages of the traditional functional organization are flexibility, in-depth expertise, easy project transition, and lack of changes. However, the issues associated with this form are lack of focus due to fewer obligations, poor interaction among functional units, slow speed, and lack of motivation