Project management is the process of dividing a task into
many stages. This has been the practice for very long in manufacturing and
corporate world for the production of goods and services respectively. However,
there has been a catching up with these method by businesses who did not pick
it up initially. And now, project method is an industry standard. Thus, given
its iniquitousness, your chances of finding a better organization increase
multi-fold by learning the insights offered by a project management assignment
service.
Project management divides the tasks into the following
stages:
- Planning
- Initiation
- Execution
- Monitoring
- Closing
This is standard practice across all industries. However,
because of the specialised products or services they make, many industries have
added their own new and unique stages. For example, development, testing and
deployment in the IT sector. These stages more or less hold in every approach,
above all in the lean method. However, as you will learn in detail from project management assignment experts, there are numerous approaches in the discipline.
Project Management Approaches
In each of the approach I will briefly explain below there
is an equal focus on the four P’s of project management. These are:
- Plan
- Process
- People
- Power
This is the most important thing about project management.
Trust me, you can expect to hear this the first thing from a learned management assignment help expert: the holistic approach of streamlining the
resources – both material and human. This is the reason why project management
is not only about resulting in better products and services but also conserving
the financial, material and intellectual resources of an organisation.
The creative energies are conserved by forming teams of employees
for similar tasks. This method assigns an employee the work he/she is most good
at. This also leads to better cohesion and team work from the employees when
they are working with like-minded/inclined colleagues.
Phased Approach – This is the simplest one to
understand. If you were to give a common title to the stages mentioned above
you will call phased approach. The stages in this are exactly the same:
- Initiation
- Planning
and design
- Construction
- Monitoring
and controlling
- Completion or closing
Phased approach is also commonly known as the “waterfall” or
“traditional” method.
Lean Project management – This borrows the method
developed in lean manufacturing. The ideal is to develop with least amount of
waste and less time.
And there are many more. You can get an assignment help on any topic of these. And, hence, make sure that the project management assignment help
expert you talk to has examples and case studies from it. This would also prove
their own knowledge of the respected area. Some of the other approaches are:
- Iterative
and Incremental project management
- Critical
chain project management
- Product-based
planning
- Process-based
management
- Project
production management
- Benefits
realization management
- Earned
value management
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