PM-FP3000_WilliamsBilly_Assessment1-1 - Copy.doc - Running head Evaluating Project Management Concepts Evaluating Project Management Concepts Billy D

PM-FP3000_WilliamsBilly_Assessment1-1 - Copy.doc - Running...

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Running head: Evaluating Project Management Concepts 1 Evaluating Project Management Concepts Billy D. Williams Capella University Rolando Rueda-de-Leon January 11, 2018
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Evaluating Project Management Concepts 2 Part 1 Evaluating Project Management Standards Successful project management depends on proven methodologies and standards, like the standards outlined by the Project Management Institute. The typical management of a project includes “identifying requirements, addressing needs, concerns and stakeholder expectations” ("ANNEX A1 The Standard for Project Management of a Project ", 2013, p. 417). Communications with stakeholders is also paramount for successful project implementation. Also, “balancing project constraints like scope, quality, schedule, budget, resources and of course risk” ("ANNEX A1 The Standard for Project Management of a Project ", 2013, p. 417) all play a part in the success of managing projects. Many factors can hinder project progression and lead to project disasters or even failure. The lack of time preparation and scheduling can cause project failure. Keeping stakeholders in the dark due to lack of communication or engagement is a sure way of project collapse. Other considerations for project failure include but not limited to include operating in a vacuum and not engaging other team members, discounting quality and not specifying deliverables and outcomes ( Parker, n.d.) . But, when it comes to projects, “communication has been identified as one of the single biggest reasons for project success or failure” ("X3.4 Communication", 2013, p. 515). Effective communication allows Project Managers to cultivate relationships and garner trust from stakeholders and team members all of which are essential to success. Effective communication not only contains the ability to convey ones vision but just as import is the ability to listen, “listening techniques, both active and passive give the user insight to problem areas, negotiation and conflict management strategies, decision making, and problem resolution” ("X3.4 Communication", 2013, p. 515).
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Evaluating Project Management Concepts 3 Part 2 Comparing and Contrasting Operations Management Versus Project Management Operational Management is an on-going process, “Operations management is responsible for overseeing, directing, and controlling business operations. Operations evolve to support the day-to-day business, and are necessary to achieve strategic and tactical goals of the business” ("1.5 Relationship Between Project Management, Operations Management, and Organizational Strategy", 2013, p. 12). Project Management, although sharing “Project Management is the
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  • Fall '19
  • Rolando Rueda-de-Leon

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