Project Planning and Control Essay Example | Topics and Well Written Essays - 2500 words - 1

Project Planning and Control - Essay Example Project management may be defined as the sum total of the functions of conceiving, formulating, scheduling, implementing, supervising, controlling, and reviewing a project with the objective of completing it on time according to specifications and budget. Marion Haynes (2002, p.3) describes project management in the following words: Project management focuses on a project. A project is an undertaking that has a beginning and an end and is carried out to meet established goals within cost, schedule, and quality objectives. Project management brings together and optimises the resources necessary to successfully complete the project. These resources include the skills, talents, and cooperative efforts of a team of people; facilities, tools, and equipment; information, systems, and techniques; and money. Newman, Warren, and McGill defined a project and its value as â€Å"simply a cluster of activities that are relatively separate and clear-cut. Building a plant, designing a new package, soliciting gifts of $500,000 for a men’s dormitory are examples. A project typically has a distinct mission and a clear terminating point†. The multifarious tasks within an organization get simpler and more amenable to effective execution when they are broken up into separate projects that are distinct and specific in terms of cost, time frame, activities, and the project team. As such it is most often likely that a given project remains as a part of a larger organizational project with a longer time frame.

The Competing Value Framework Essay Example | Topics and Well Written Essays - 1250 words

The Competing Value Framework - Essay Example It is important in determining the effectiveness of the organization and also is regarded as one of the important subjects in the organizational development which helps in improving the environment of the organization. It is regarded important for increasing the performance of the employees of the organization. The feasibility of the framework has been tested by various leading organizations and also by various business schools. It has served useful in understanding the marketing activities and also helps in successful integration of the marketing activities. The CVF framework helps in serving as a purposeful guide for the organizational mechanism and also regarded as a sense making device for the generation of new ideas, learning system etc. The study will give an insight into the CVF framework and its related activities, benefits, disadvantages. Finally, the study will conclude with recommendations which can improve the existing organizational system through the CVF framework. Back ground of Competing Value Framework The CVF framework evolved 25 years ago during the research and development on organizational effectiveness and culture (Walsh, 2002). The concept of organizational effectiveness is difficult and does not help in determining the different aspects of the organizational culture. ... The first aspect relates to focus of the employees in attainment of organizational objectives which lays emphasis on the welfare of the employees of the organization. The second aspect relates to the design of a strong organizational structure which lays emphasis on flexibility and stability. Both these dimensions relates to effectiveness criteria and authors Quinn and Rohrbaugh (cited in Cameron & Quinn, 2006) had named the four models as human relational, internal process, open system and rational goal model (Reed & Gordon, 2000). It was observed by this author that the CVF framework helps in resolving the organizational conflicts and then resume on the configuration of the coalition structure and also the dominant perception of success. The effectiveness of criteria of these varied dimensional models is based on the fact to improve the organizational structure (Ofori & Ranasinghe, 2000). The framework basically lays emphasis on the fact that whether they can deal with the problems and also evaluate the effectiveness in solving the problems. There is a close relationship between the organizational development and the four stages of organizational life cycle. The four stages include the entrepreneurial, collectivity, formalization and control stage and also the elaboration of the structure stage. As per author’s observation the different stages of organizational life cycle helps in facilitating the process of informal communication smoothly, development of a strong organizational structure and also promoting sense of cooperativeness among the organizational members (Rokeach, 2000). As per the observation of the authors the CVF framework helps in bringing stability in the organization, innovation and creativity