Sunday, July 28, 2019
Management of Project Organization Essay Example | Topics and Well Written Essays - 500 words
Management of Project Organization - Essay Example This paper illustrates that although projects can be completed by a group of individuals, it is sometimes necessary to enlist the help of project organizations due to technical expertise. These contractors and service companies may also be able to complete the project more efficiently and at a cheaper rate, making it a competitive advantage to make use of these project organizations. In addition to reducing costs, project organizations can increase productivity and create better quality goods and services. Project organizations have a particular skill set that can be used in situations where either existing knowledge is not there in the firm or there is not enough scope to be able to complete the project without these organizations. Three examples are manufacturing businesses, construction projects, and non-IT organizations. The first one is more focused on reducing costs and increasing output. The second has a clear structure with a project manager in charge. The latter has specific IT project managers who are often left to do their own thing. In a project-oriented organization, you would expect to find flat structures with very few levels between project managers and the board. The reason is so that quick decisions can be made because the board is kept apprised of the latest happenings. This would be a little different for a services company because people would be hired in to conduct projects, and they would not be able to directly report to the board. In this instance, an extra layer would be added and this could slow down the flow of information between all the levels in the structure. Project effectiveness would be managed by comparing the initial plans with the final result. This could be done through checking the initial budget against the final cost, etc. A series of checkpoints along the way could also show how effective an organization is in managing projects, and alterations could be made depending on the progress (or lack of) that is occurring.
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