Managing project Essay Example | Topics and Well Written Essays - 2750 words

Managing attend - Essay ExampleFailure to cease a project within a scheduled time may imply project misadventure (Haynes, 2002). In above connection, project management involve five major phases namely initiation phases, planning, execution, military rating, interpret and project closure phase. trade union movement initiation phase involves conceiving an idea about a project as hygienic as assessing whether this idea go out benefit the organization. For example, project manager in this cause should hold into giveation the pros and cons of IBEK Ltd undertaking possession built building. Additionally, project managers should evaluate possibility of making project to sound a success (Heldman, 2009). Planning phase involves putting the whole idea into writing by having a blue print in place. Additionally, planning may involve preparing a schedule on how proletariat shall be executed as well as having budget that may help to ensure decent utilization of financial resources. E xecution phase may involve delegating duties and task as well communicating to the team members what they are expected to achieve by the end of a project (Heldman, 2009). This pith that project execution focus at implementing plans designed at planning phase. Connectively, a project evaluation and control phase focus in making assessments to determine whether the craved outcomes were realized. In case desired outcomes realized, project manager may establish control mechanism to ensure project goals and objects are realized. Project closure phase focus at bringing project to an end whereby, project managers may view as project assessments to determine whether the project was successful (Heldman, 2009). This study will focus on a case of IBEK Ltd. Additionally, the study will identifying the initial opening and operation requirements of the new deftness by putting fierceness on how project management areas of knowledge may be communicated. Connectively, the study will put forrade r skills and competencies required by the project managers in project managing process as well as how project lifecycle may be utilize in managing major project. Initial opening and operational requirements of the new facility are identified The initial opening and operation of purpose building will involve assignment of five key requirements. The first requirements will involve identifying the key stakeholders whereby, the needs of both indispensable and external stake holders will be identified and ways for addressing their problems (Richard and Fairley, 2011). For example in this case, as a project manager of IBEK Ltd one should consider the needs of regional, national, and international companies. This means that the project manager should consider the quality, quantity and the types of Auto parts required by external stakeholders. Additionally, project manager should take into attachment the needs of internal stakeholders/employees among the requirements. Among the requireme nts that should be identified include training requirements, tools to execute task more efficiently, penury to work tirelessly toward implementing the project to mention just but a few. The second requirement will involve asking all stake holders to give out their requirements (Richard and Fairley, 2011). For example, customers may be required to submit the types and quality of auto parts that they want. This can be done via conducting research, interviewing customers well as direct contacts with the customers. This may help