Mgt/437 Project Management - 993 Words

Project Management Paper University of Phoenix MGT/437 - Project Management Facilitator: Derrick J. Walters July 19, 2010 Abstract In this paper, I, a student of University of Phoenix will explain and discuss project management. I will address three main points. I will first answer what is a project. Secondly, I will discuss what are the basic phases of the project lifecycle and their purpose. Finally, I will explain why it s important for organizations to use project management to accomplish tasks. Table of Context Introduction ................................................................................................................................... 4 Project†¦show more content†¦It includes a risk analysis and a definition of a criteria for the successful completion of each deliverable and uses Business Plan and Milestones Reviews to keep track of the phase. During the third phase, execution, the project plan is executed to solve the problem specified in the project s requirements. Risk Analysis and Score Cards, in addition to Business Plan and Milestones Reviews are used during the execution phase. Lastly is the closure phase, which marks the completion of the project usually with a written formal project review report. The completion of all phases can determine a project success. The success of a project includes the completion being completed within the allocated time period, within the budgeted cost. It must be completed at the proper performance/quality level with acceptance by the consumer. During this phases there should be minimum scope changes and no disturbance to the main work flow. Importance of Project Management Project management involves project planning and project monitoring. Project management is the planning, organizing, directing, and controlling of company resources for a relatively short-term objective that has been established to complete specific goals and objectives. project management utilizes the systems approach to management by having functional personnel assigned to a specific project (Kerzner, 2006). Project planning defines work requirements,Show MoreRelatedMgt/437 Project Management Week 11084 Words   |  5 PagesProject Management MGT/437 In this paper the word ‘project† is defined, discussed and elaborated on. The phases of a project lifecycle and its purpose are to be discussed, and how it is important for organizations to use project management to accomplish tasks will in conclusion be discussed thoroughly. The indisputable word ‘Project† may be defined in numerous unusual ways, some can all have the same meaning and others can mislead a reader. The definition that accurately explains what a projectRead MoreProject Management Paper-Mgt 4371100 Words   |  5 PagesProject Management Paper Manuel Angel Cortez University of Phoenix Project Management Paper Organizations leaders are facing difficult challenges because of the rapid changes in government and technology, which has created pressure in organizations. The aforementioned changes have made way for a new type of management; project management, far different from the traditional structure for managing. This document will describe the definition of a project. The paper will also touch basis on theRead MoreMGT 437 PROJECT MANAGMENT Complete Class Includes All DQs Individual and Team Assignments UOP Latest1762 Words   |  8 Pagesï » ¿MGT 437 – PROJECT MANAGMENT – Complete Class Includes All DQs, Individual and Team Assignments – UOP Latest Purchase this tutorial here: https://www.homework.services/shop/mgt-437-project-managment-complete-class-includes-all-dqs-individual-and-team-assignments-uop-latest/ MGT 437 Project Management Week 1: Individual Assignment: Project Management Paper †¢ Prepare a 1,050- to 1,400-word paper that addresses the following questions: o What is a project?o What are the basic phases of theRead MoreProject Management: An Initiative Toward Development of Employees and the Company1052 Words   |  5 Pages Project Management Paper University of Phoenix MGT/437 Project Management Paper Rapid growth of technology in the marketplace has companies examining ways in which businesses operate on a normal level. Managers face challenges with the task of adapting to a changing surroundings and a different breed of employees. Managers must implement a different approach that will allow them to become accustomed to situations that develop inside and outside of the company (Kerzner, 2006). ProjectRead MoreAchieving Project Goals Simulation Paper764 Words   |  4 PagesAchieving Project Goals Simulation Paper University of Phoenix Course: MGT/437 Instructor: Mark Fechtel September 20, 2010 Achieving Project Goals Simulation Paper Project management is defined by BusinessDictionary.com as, â€Å"Approach to management of work within the constraints of time, cost, and performance requirements.† Project management requires careful planning and studying all of the factors involved with in the project. 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Performance measurement methods differ according to the work surroundings, such as, the company, and the occupation of the employee. It can determineRead MoreMgt 437 50th Wedding Anniversary Project1257 Words   |  6 PagesProject Proposal Learning Team A Cecilia Archundia, Antonette Holder, Candida Lionetti Abbey Scott, Carrie Sykora MGT/437 October 31, 2011 Jenny Kirgis, MBA University of Phoenix 50th Anniversary Wedding Background Sheryl Landau and brothers want to celebrate their 50th Wedding Anniversary of their parents. 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