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PRJM6006 Project Management Research
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PRJM6006 Project Management Research
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Course Code: PRJM6006
University: Curtin University
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Country: Australia
Question:
Describe the Project Management Techniques you would use as a Project Manager to Improve the Accuracy and Reliability of your Project Schedule.
Answer:
In a business, the projects are accomplished by the organization to gain monetary advantages. As mentioned by Bell (2014), the project manager aims towards completion of the project work within specified time; and also maintains the reliability and accuracy of the projects. The project manager has to adopt several techniques such as planning the project, estimating time, understanding the project outcome, estimating the requirements, testing, feedback collection, and changing certain areas of improvement. The project manager needs to plan the entire project along with its requirements and resources those are essential. A systematic and reliable approach of the project managers helps in getting a reliable and accurate outcome. According to Heagney (2016), multiple estimating techniques like educating the project sponsor and stakeholders is adopted. The vulnerabilities and liabilities are to be considered by the project manager, along with the ways of reducing the ill impacts and effects of it are also discussed. The rigorous cost management and time administration by the project managers also helps in increasing the reliability of the project. The scheduling of the projects followed by the tracking the growth and controlling the output helps in the successful accomplishment of the work. It also schedules the budget for the efficient utilization of resources and fixing the issues (Kerzner, 2013).
An example can be cited, which shows the techniques adopted by the project manager in improving the reliability and accuracy of the project schedule. ABC Computer Provider is a Government agency that provides computer systems to the government offices. The major criteria of these government offices are to have computer systems those will run 24*7, without any breakdown (Martinelli and Milosevic, 2016). The project manager of the organization, therefore, manufactured a $1 million computer with the dual backup system. But, when offered it to the client, the client replied that they are not going to pay this high as their requirement in of only 16 hours. It, therefore, shows that failure of the project manager in making the deal as the company is stuck with the costly computer.
The project manager has to be conscious about choosing the appropriate team members; those will be working in long hauls. After understanding the requirements of the project, the manager has to schedule each step of the actions among the team members and time allotment is also done for completion of it (Schwalbe, 2015). Moreover, the several risks those the project are likely to face are discussed among the teammates, with the provision of solutions to it. Along with this, the continuous improvement technique applied by the project manager helps in making each of the steps perfect, before going to the next one.
This essay shows that the project manager has to face large complexities while completing a project work successfully. The adoption of fair and feasible management techniques help in improving the reliability and accuracy of the project. The project manager needs to have a practical business goal, a vivid discussion with the stakeholders, precise business objectives, and estimation of its resources, budget and period for making the projct work successful, reliable and accurate in nature.
References
Bell, J., 2014. Doing Your Research Project: A guide for first-time researchers. McGraw-Hill Education (UK).
Heagney, J., 2016. Fundamentals of project management. AMACOM Div American Mgmt Assn.
Kerzner, H., 2013. Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons.
Martinelli, R.J. and Milosevic, D.Z., 2016. Project management toolbox: tools and techniques for the practicing project manager. John Wiley & Sons.
Schwalbe, K., 2015. Information technology project management. Cengage Learning.
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