Project Management. Theories, Concepts and Approaches

Academic Paper , 30 Pages

Business economics - Business Management, Corporate Governance

This report will outline the different project management methodologies employed and assess each project management tool's efficacy for this project.

This project presented a unique set of challenges to the GTP committee I chaired. The challenge came about die to the fact this competition was the first ever project that necessitated more focus on a daily basis since we were involved in the project’s lifetime, right from its conception, execution to completion. To add on the scope of works, our patron had urged us to design the event to enable for more engagement of the public, something that has never been done in the history of Let's Rock Climbing Competition. The following list comprises of several major issues that my team and I encountered, that had a significant influence on the success of our project: Managing the expectations of external stakeholders, completing activities within the period allotted determining the ultimate budget from both the customer and the sponsors.

Table of Contents

• 1.0 Introduction
• 2.0 Theories, concepts and approaches to project management
• 2.1 Quadruple Constraints
• 2.2 Choosing and organizing Team
• 2.3 Agile Project Management Methodology
• 3.0 Appraisal of Project Management Documents
• 3.1 Communication Plan
• 3.2 Responsibility Assignment Matrix (RAM)
• 3.3 Statement of Work
• 3.4 Risk Register

Objectives and Key Themes

This report aims to outline the different project management methodologies employed and assess the efficacy of each project management tool used for the "Let's Rock Climbing Competition" project. The project, conducted during the author's final year at the Guangdong Textile Polytechnic (GTP), presented unique challenges related to stakeholder management, time constraints, budget determination, and participant engagement. The report focuses on the specific challenges encountered and how the author and their team addressed them.

• Quadruple Constraints as a project management framework
• Team formation and application of Belbin's Team Roles
• Agile project management methodology and its advantages
• Effective communication and stakeholder engagement
• Assessment of project management tools and their impact on the project's success

Chapter Summaries

The report begins with an introduction to the "Let's Rock Climbing Competition" project, highlighting the unique challenges faced by the GTP committee, including managing stakeholder expectations, adhering to a strict timeline, and ensuring public engagement. The second chapter delves into the theoretical frameworks and concepts of project management. This chapter explores the Quadruple Constraints model, emphasizing its relevance in addressing the shortcomings of traditional triple constraints. It also examines the importance of team formation and the application of Belbin's Team Roles in achieving effective project management. The chapter concludes with a detailed discussion of the Agile project management methodology, highlighting its suitability for projects with evolving requirements and the need for continuous stakeholder engagement. The third chapter focuses on the assessment of various project management tools used for the competition, including the communication plan, responsibility assignment matrix (RAM), statement of work, and risk register. This chapter analyzes the effectiveness of these tools in addressing the specific challenges faced by the project team.

Keywords

This report focuses on project management methodologies, specifically the Quadruple Constraints, Belbin's Team Roles, and Agile project management. It also explores the effectiveness of project management tools like communication plans, responsibility assignment matrices, statements of work, and risk registers. The report examines these elements in the context of the "Let's Rock Climbing Competition" project, highlighting the challenges of stakeholder management, time constraints, budget determination, and participant engagement. The study ultimately aims to contribute to the understanding of successful project management strategies in the context of real-world projects.

• Author: Kenn Bett (Author)
• Pages: 30
• Catalog Number: V1222926
• ISBN (PDF): 9783346651457
• ISBN (Book): 9783346651464
• Language: English
• Tags: project, management, theories, concepts, approaches