Project Management Research Paper Example | Topics and Well Written Essays - 750 words

Project Management - Research Paper ExamplePM has appeared as an efficient tool for addressing the intricate needs as well as requirements of present concern environment. Moreover, PM is a type of management discipline which strengthens dissimilar economic activities of a company inwardly an industry. Project Management Institute (PMI) is an internationally recognized not-for-profit membership organization for the profession of devise management. PMI consists of 600,000 members as well as official document holders in over 185 nations (Bialaszewski 1-17). There are various phases or processes of PM by which a project should be managed in various stairs and these entire shades are interrelated with each other. Project is managed by formulation, implementing, monitoring and controlling procedures. The first note is the initializing process, where verifiable and scope of project is clearly defined. The objective of the project depends on the business requirement (Bialaszewski 1-1 7). The second step is planning process. ... Moreover, in this phase, project four-in-hand is responsible to analyze whether or not extra neckcloth is required for executing the project (Bialaszewski 1-17). The fourth step is controlling procedure as in this step project manager is responsible for controlling as well as rescheduling the entire project to preclude the process on right track. Essentially, in this stage, customers deliverables are created as well as project manager is accountable for prime(prenominal) pledge and deliverable signoff (Bialaszewski 1-17). The final step is the project closing stage. In this stage, reflexion on the success of the project takes place. It is reviewed that what kind of possible changes if any would be implemented if similar project is conducted in future (Bialaszewski 1-17). Communication is one and only(a) of the most important aspects within a team to exact sure of best potential outcomes. When PM processes are utilized in order to c omplete a project, an effective communication is essential within a team. From the first stage of PM process if the planning thoughts are not communicated in a timely, accurately and relevant way then there would be a considerable obstruction in the completion of any project (Bialaszewski 1-17). Emotional Intelligence is one of the crucial aspects than Intelligence Quotient in envisaging leadership success. A project leader is assigned to work with members of various attitudinal types in order to complete a project, thus the project leader needs to demonstrate the quality of emotional intelligence in decision making (Bialaszewski 1-17). Time management and cost are the cardinal necessary considerations which are intrinsic to quality of any project. Moreover, inefficient